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Government postpones economic targets to focus on flood damage
Government postpones economic targets to focus on flood damage
Flaro Sibiu banks on office supplies
The Sibiu-based company Faro SA, which makes office supplies, haberdashery, household items and components for the textile and electrical industry, has concluded the second quarter of the ye...
New developments on the market of nominal value securities
"Buy some for me at 40% of the nominal value." That''s what one investor was telling a broker of financial instrument transactions. However, the issue is not about an investor and a broker o...
Oriflame cashes in on real estate
Oriflame Romania, the domestic branch of Swedish cosmetics producer Oriflame, has grown fond of its deals on the real estate market after making almost 1.4m euros in profits from the sale of...
Dilemma on the car market ahead of EU accession
Romania''s entry in the European Union is likely to endanger what has been the most dynamic market in Romania for a number of years - the new car market. Of those countries that entered the...
Angst banks on Sibiu salami
Swiss-owned processed meats producer Angst Ro intends to double sales of Sibiu salami by introducing to the market a product based on a recipe dating back to the interwar period. "We are loo...
Banks advise clients to stock up on cash
Pay in advance the loan instalments maturing between June 30 and July 3 and stock up on cash to avoid any nuisances caused by the ATM and POS shutdown. This is the clear message sent to clie...
Mittal Steel Galati works on productivity
The restructuring plan that has taken Galati-based steel plant from losses of $350m (300m euros) to net profit worth $429m last year has turned Mittala??s business in Romania into a real ben...
Mobexpert spends 15m euros on mall
Mobexpert group is developing its retail policy this year, eyeing the home design segment, after investments in furniture hypermarkets over recent years, said Dan Viorel Sucu, chairman of th...