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NBR rate cut caused by fear of some major risks
The NBR expects the inflation rate to reach a level of 4.3% in Q1, climb to 4.7% in Q3, settle at 4.6% by the yearend, and stay there in Q1, 2008, as well. In addition, according to the late...
Frozen vegetables, the champion of food distributors
The frozen vegetables market, estimated at over 25 million euros, can generate up to a 100% increase in the sales of food products, while at the same time becoming increasingly attractive to...
Depreciation vs. appreciation of the RON in second half of the year
The NBR (National Bank of Romania) could lower the monetary policy rate to 7%, at the end of this year, anticipate Raiffeisen analysts in Vienna. They also consider it likely that the loweri...
Egger to export 60% of Radauti output
More than half of the wood based panel production of the facility in Radauti built by Austria's Egger group will go abroad, says Georgios Natsos, chief financial officer with Egger Romania....
Online sales to generate 20% of BA revenues
The air operator British Airways has doubled the number of passengers transported to and from Romania over the first ten months of the 2006 - 2007 fiscal year ending March 31, 2007, while th...
Orange: We are counting on 8.7m clients at the end of the year
Orange Romania, the number one on the local mobile telephony market, estimates it will manage to attract 700,000 clients this year, despite an extremely competitive market. The scheduled inv...
Bank of Cyprus incepe sa lucreze in aprilie si pregateste private banking
Primele doua sucursale ale Bank of Cyprus Romania vor incepe sa functioneze in Bucuresti in luna aprilie, potrivit strategiei de dezvoltare prezentate investitorilor de banca-mama. Subsidiar...
Sorin Ilovici plans to sell part of Turbo stake
Sorin Ilovici, general manager and majority shareholder of the Turbo Photo&GSM store chain is currently in talks with several companies regarding the sale of part of a stake in the company....
Bank of Cyprus va deschide unitati in Bucuresti, Timisoara si Constanta
Bank of Cyprus intentioneaza sa deschida in Romania, in 2007, mai multe sucursale, doua centre de afaceri si o unitate corporate, locatiile urmand sa fie situate in Bucuresti, Timisoara si C...