shrink
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InterContinental expects occupancy rate to shrink
InterContinental five-star hotel in Bucharest expects its occupancy rate to shrink this year due to the global crisis and tightening domestic competition, with the lower number of guests to be somewhat offset by revenues from event organisation. "This year, we...
Bankers helplessly watch credit/deposit spreads shrink
The spread of interest rates between credits granted to the population and deposits continued to drop in June, and reached an all-time low, amid tightened competition from banks on deposits....
Luxten Lighting sees its 2006 profit shrink 32 times
Luxten Lighting, one of the few companies in Romania to operate with an annual profit margin of over 20%, posted net profit worth 0.7 million-euro last year; more than 32 times lower than th...
Cold weather causes Apicom business to shrink 3%
Cold weather causes Apicom business to shrink 3%
Apa Nova profits shrink
Apa Nova profits shrink
Romanian textile industry to shrink by over 2bn euros in 5 years
The textile industry will reach a level of 7.5 billion euros in 2010, two billion euros lower than this year. Over the next four years, the number of players will almost halve, as domestic c...
Tepro posts profit, revenues shrink
Pipe producer Mittal Steel Iasi (Tepro), a part of the portfolio of the Mittal Steel group, posted a net profit worth 0.12 million euros (0.42 million RON) in the first quarter, as compared...
Amonil losses shrink
Amonil Slobozia, the chemical fertiliser producer, started the year with 3.5 times lower losses than last year, despite the difficulties with gas supplies at the beginning of the year, which...
Rompetrol Rafinare expects profit to shrink
Rompetrol Rafinare estimates net profit to stand at 13.2 million dollars in 2006, almost five times lower in dollars than in the previous year, as shown in the 2006 budget its shareholders a...