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Coca-Cola set to reduce sales fluctuations
Calin Dragan, general manager with Coca-Cola HBC for Romania and the Republic of Moldova, says it is not yet time for a harsh battle with competitors over market shares. The latest strategic...
McDonald's set to double number of restaurants
The domestic market provides all the necessary conditions for McDonald's to reach a number of 100 restaurants in Romania, from its current 52, McDonald's representatives believe. "Romania ha...
BCR management set to boost ROE by 3 percent
The executive management of the BCR aims to increase the return on equity (ROE) from 19.3% to more than 22% in 2007, now that it is focusing on retail operations and the overall lending has...
5% of savings set up for over one-year maturity
Only 5% of the population's deposits are made for periods longer than a year, while 30% of them are overnight deposits, shows data for January supplied by the NBR (National Bank of Romania)...
Gregory's set to open 5 new outlets
Greek fast-food chain Gregory's Romania this year plans to expand by opening four new outlets and a franchised outlet, all located in Bucharest. According to the information previously avail...
Nestle set to boost exports
Paul Nuber, the general manager of Nestle Romania, says the next three years may see the company enter new markets and continue to acquire companies, in the wake of Romania's recent EU acces...
BCR and Erste set up housing bank
S Bausparkasse, the housing savings and loan bank of Erste Bank, is to establish a subsidiary in Romania together with BCR, Astrid Kratschman, head of S Bausparkasse operations in Central an...
Modern retailers set foot in the last untapped county
The international retail chains opened 80 stores in the last ten months, taking the number of modern commerce formats to more than 260, and conquered the last untapped Romanian county, Neamt...
Private medical services market set to advance by 15%
The market of private medical services, put at some 200 million euros, will see a more than 15% increase this year amid the rising medium incomes of the population, which is moving away from...