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Each Romanian will be able to calculate his or her "own" inflation
The National Statistics Institute (INS) intends to enable Romanians to calculate their own consumer price index based on the prices paid and on each individual's spending structure, with the institution's website to feature a calculator for determining each in...
EOS KSI: Increasingly more clients have debts with two or more banks
The average value of overdue payments for bank credits has climbed to 700 euros, with increasingly more clients having overdue payments at two or more banks, according to George Kovacs, gene...
Enterprise Investors: 2 or 3 deals signal a successful year
Cristian Nacu, a partner with Polish investment fund Enterprise Investors, says he is in advanced talks for 2-3 takeovers on the domestic market, after last year he failed to seal any acquis...
Porsche expects stagnation or 2% growth in 2008
Porsche Romania registered a 50% drop in sales amid new market conditions in January 2008. The company, the largest domestic importer and representative of the VW, Audi, Skoda, Seat and Pors...
Romanians unafraid to take out Swiss franc or forint loans
Loans contracted in exotic currencies have posted an eightfold increase in the past year, with Swiss francs and Hungarian forints gaining in popularity in terms of consumer and real estate f...
City Grill, not ready for partnership or takeover yet
City Grill restaurant chain, controlled by businessman Dragos Petrescu through Totter Prim company, has received several partnership and takeover bids from different investment funds, which...
Bombardier could produce trains at Astra or at Electroputere
Canadian rolling stock manufacturer Bombardier Transportation could produce hybrid trains in co-operation with Romanian manufacturers. The manufacturer is considering building trains that co...
Montero has two expansion options: acquisition or merger
Drug distributor Montero, one of the top ten players on the drug distribution market, is considering taking out a 20 million-euro loan in order to finance the acquisition of a rival company....
Ford to make 300,000 cars in 2012 or pay fine
According to the contract signed between Ford Motor Company and the Romanian state, the carmaker must expand its production capacities at the Automobile Craiova plant and could face a penalt...