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IMF: Romania has become prisoner of foreign context
The increase in the cost of foreign loans, which can already be seen, the restricted access of local banks to financing from abroad and the slowdown of the economies of the main trade partne...
Dairy industry makes development of large farms a priority
The fragmentation of the milk collection system, due to the large number of suppliers, has encouraged major players in the dairy industry to start significant investment programmes in order...
Petrom raises the price of diesel by 0.09 RON
Petrom has increased prices for all diesel products sold through Petrom and PetromV stations by 0.09 RON, however, the price of petrol will remain the same, the petroleum company announced....
Sortilemn sells 70% of its output to IKEA
Sortilemn, one of the leading furniture producers on the domestic market, forecasts turnover worth 35 million euros this year, the same level as in 2007. Last year, the Gherla-based manufact...
Silvarom sees 50% of staff leave in under one year
More than 300 employees at Silvarom, a leading furniture producer, have left the company to work abroad or in the constructions sector. Silvarom now has 400 employees, compared with 725 in t...
Five mandatory pension funds in search of buyers
No less than five mandatory private pension funds (pillar II) have announced plans to sell their portfolios in the past month. Now that the official campaign has ended, the question is; whic...
ZF provides first ever ranking of MBA programmes in Romania
Executive MBA programmes at the Vienna University of Economics and Business administration, Asebuss, and Tiffin University are the best on the domestic market, reveals the first ever ranking...
Carpatair wants to carry 630,000 passengers after introduction of new routes
Carpatair, the second most important airline after Tarom on the Romanian market, will rely on domestic flights and destinations in Greece and Ukraine in order to boost traffic by around 12%...
Romania to be one of the top 10 markets for Toyota
Andrea Formica, senior vice president of Toyota Motor Europe, says the brand's sales will rise in the following years owing to East-European markets and to the launch of new models for the W...