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On the move
Grupul Financiar Porsche Kurt Leitner, CEO Kurt Leitner a fost numit in fruntea Grupului Financiar Porsche Romania in functia de Chief Executive Officer (CEO) la mijlocul saptamanii trecute,...
Telecom operators focus on Internet services
The main telecom operators on the Romanian market have all released strategies involving a heavy focus of investments on the development of fixed and wireless Internet access, whilst at the...
ING continues to bank on its own formula
ING Bank Romania's revenues are constantly increasing; profit, however, might halve in 2007 compared with last year's figure due to the bank's intended investments. The investments could out...
Euro plunges to 3.2780 RON on the forex market
The euro continued to decrease against the RON yesterday reaching a low of 3.2780 RON/EUR on the forex market, after the NBR had calculated an exchange rate of 3.2841 RON. Analysts estimate...
Stolojan could invest on the SE and in a private clinic
The son and daughter of Theodor Stolojan, leader of the Liberal Democratic Party, could invest the money collected from the sale of the Clabucet Sosire (Clabucet Arrival) hotel complex in Pr...
Charcuterie producers increase spending on TV advertising
The entry of multinational companies onto the local charcuterie market, as well as increased rivalry among Romanian brands has moved the "battle" from the store shelves onto the television s...
Investments take their toll on bank profits
The top ten players in the banking system made an almost 600 million-euro net profit together in 2006, yet the growth was slower than in the previous years. Four leading banks even posted lo...
Vodafone Romania brings ex-Procter & Gamble executive on board
Mobile telephone operator Vodafone Romania has announced the appointment of Paul Markovits as Senior Director of Brand and Marketing Communications, as from April 1, 2007. Markovits, who pre...
Aviva to invest 35% of clients' money on BSE
Aviva Asigurari de Viata, already a licensed manager of optional private pensions, estimates it will sell the first pensions on May 15, says Corina Cucoli, bancassurance manager with the com...