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Luxury flat prices set to rise
In Romania of 2010, the medium-income segment of the population will benefit from the strong development of the residential sector. Real estate developers will be coming up with projects for...
RTC group profit set to grow
Aurelian Trifa, the financial manager of RTC group, says this year''s reorganisation measures and expenses reduction will take the group''s operating income 25% higher. "Though the business...
Cosmote set to take over Germanos
The mobile telephony operator, Cosmote Romania, will shortly boast the biggest network of stores among all mobile telephony operators on the domestic market, and will have an important role...
Gorenje set to boost market share
Tone Prislan, the general manager of Slovenian manufacturer of electrical home appliances Gorenje in Romania, says his company''s objective is to increase its market share amid tightening co...
Eurolines set to derive 27m-euro turnover
The Eurolines group has budgeted turnover standing at 27 million euros for this year, approximately 8% higher than the value posted last year, stated Dragos Anastasiu, general manager of the...
Carrefour set to reach 11 stores in two years
The management team of the Carrefour hypermarket network in Romania says it has decided to speed up growth, increasing its store network from 6 to 11 by the end of next year. "We have invest...
SMEs'' incapability to get loans set to cost them dearly
The incapability of the small and medium-sized enterprises to get banking or governmental loans, largely caused by the lack of managerial competencies and long-term development plans will ca...
Macromex to set up HoReCa unit
Dan Minulescu, general manager and founder of Macromex, leader of the Romanian frozen vegetables distribution market, is counting on the HoReCa (hotels, restaurants, catering) growth potenti...
Phoenicia plans to set up hotel network
The Phoenicia Hotels company, which manages the Phoenicia four-star hotel of Bucharest, intends to create a hotel network, Dinel Saizu, Phoenicia general manager, told ZF. "The next hotel mi...