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Insurance market on route to $700 million
The insurance market amounted to 10,200bn ROL in the first five months, up more than 40% in nominal terms compared to last year. If this pace maintains, the market will come to total 23,300b...
UPC puts Romanian investments on stand-by
The shareholders of UPC, the third-largest cable TV operator on the domestic market in terms of subscribers, are willing to make significant investments in Romania, but would rather wait for...
SIFs already 75% on target
The value of the transactions concluded with the financial investment companies' (SIF) shares has gone up over the last few sessions of the Bucharest Stock Exchange (BSE), as soon as the SIF...
Diesels gain ground on Romanian market
Romania is following the lead of the Western European auto markets. Just like in Germany, France or Belgium, the sales of diesel motors have outgrown the popularity of gasoline vehicles on t...
600,000 euro on Moldova
Romcar, American carmaker Ford's general representative in Romania has opened its first showroom outside Romania in Kishinev on Wednesday, following a 600,000-euro investment. "This showroom...
Business environment improvement only on paper
Regardless of the Government's plan to improve the business environment, the conditions in Romania remain the least attractive for investors as compared to the other European Union applicant...
SMEs want tax on reinvested profit dropped
The representatives of the private small and medium-sized enterprises advocate dropping the tax on reinvested profit, which they feel would help develop their businesses and boost state budg...
IMF experts arrive in Romania to put a damper on credit growth
The trade deficit getting out of hand, worsened by massive imports financed by credits and the inflation inflammation, these are the biggest risks of the lending engines operating in full ge...
Sales of energy drinks are soaring on Romanian market
The sales of energy drinks are taking off in Romania. In February, March, April and May this year, the stores sold more than 267,000 cans of Red Bull, Power Horse, Burn, XL, Shark and other...