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Dacia Sandero set to sell 13,000 units locally in 2008
Dacia Sandero, the fifth model released by the local Automobile Dacia manufacturer and built on the Logan platform, is expected to account for over 20% of Dacia sales in Romania in the second half of the year. "The new Dacia Sandero will sell over 13,000 units...
Holcim set to become largest cement producer
Holcim Romania, the local subsidiary of Swiss group Holcim, targets a production capacity of around 6.4 million tonnes of cement by yearend, up 30% on last year, after the company modernised...
Prista Oil: New cars set the bar higher for lubricant market
Bulgarian lubricant manufacturer Prista Oil, present on the local market for around 10 years, believes the presence of car manufacturers in Romania, as well as the rise of the import market...
Florin Andronescu set to build boutique hospital
Florin Andronescu, the entrepreneur whose name has been linked to the development and sale of companies such as Flanco and Credisson, is now involved in three other businesses. Sanador, a ne...
Austral: Office supplies and stationery market set to exceed 200m euros
The office supplies and stationery market in Romania, where over 40,000 companies are currently operating, according to Trade Registry data, cited by Austral, is seeing an average annual gro...
Bankers would like minimum reserves set up for leasing companies, too
Bankers have asked the NBR (National Bank of Romania) to set up minimum mandatory reserves for leasing companies for the funds they attract, in the wake of increased competition due to the r...
CEC Bank set to reclaim lost market share
CEC Bank management's first goal is to consolidate the bank and its market position, and only after having done this it will consider the development of a financial group structure, says Rad...
Grain production set to triple this year
This year's grain and technical crop yield is estimated at 21.2 million tonnes, a volume almost three times bigger than last year's, when a harvest of 8.6 million tonnes was reported, accord...
Anchor Group set not to exit retail
Ali Capa, the chief financial officer of Anchor Group Romania, owner of G'Market supermarkets, believes store location in shopping centres and in city central areas will allow the network to...