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Astra Romana makes profit from sale of Asirom shares
Astra Romana Refinery at the end of last year posted 2.3 million RON (0.64 million euro) net profit, after having made losses of 2 million RON (0.65 million euros) in 2004. The refinery made...
Wife of BCR''s chairman launches mutual funds
The investment management company Star Asset Management, controlled by Georgeta Danila, wife of BCR''s chairman, Nicolae Danila, will launch two new mutual funds by the end of the week. Star...
Top executives of multinationals earn 100,000 euros yearly
The general managers employed by the multinational companies operating in Romania receive, on average, a total annual salary worth 99,300 euros in gross figures. This is almost 2.5 times les...
Consumption growth ten steps ahead of industrial output
The turnover of companies operating in the retail sector rose by more than 27% in February, in comparison to February 2005, reveals data published by the National Statistics Institute (INS)....
Aerotravel to boost number of charters
Aerotravel, one of the top five travel agencies, estimates revenues from the sale of holiday packages will come to account for 20% of turnover. Antonio Nitu, 35, has been running Aerotravel...
Schimb de clienti si servicii intre JPMorgan si Bank of New York
Banca de investitii JPMorgan, cel mai mare creditor din New York, a acceptat sa faca schimb de clienti si servicii cu Bank of New York, tranzactie ce valoreaza aproximativ 3,10 mld. dolari,...
DHL to become supplier of integrated logistics services
Alexandru Gheorghe, the commercial manager of DHL Romania, the international express delivery company, believes there will be no change in how the main players are positioned in the shipment...
Baneasa project, already at 10% of the 1.2bn-euro target
Baneasa Investments, owned by the University of Agricultural Sciences and Veterinary Medicine of Bucharest (USAMVB) and a group of firms controlled by businessmen Gabriel Popoviciu and Radu...
Head of Pernod Ricard leaves for Croatia
Corneliu Valsan, general manager of Pernod Ricard Romania, one of the leading players on the imported spirits market, will leave his current position to run Pernod Ricard''s business in Croa...