slashes
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Blue Air slashes growth target on fierce competition
Blue Air airline has budgeted turnover worth 120 million euros for this year, a value that will secure it the leading position on the market this year, too. The biggest low-cost carrier on the Romanian market, Blue Air, owned by businessman Nelu Iordache, anti...
Flamingo slashes profit forecast
Flamingo International IT&C group, which announced it would take over the Flanco chain of electronics and home appliance stores, has revised its profit target for this year, forecasting a 30...
Fight over customers slashes brokers'' fees
Fight over customers slashes brokers'' fees
Petrom slashes jobs
Romania''s largest company, Petrom, which was recently taken over by Austrian company OMV, is planning lay off a lot of its staff in the exploration and production and filling station sector...
Mittal slashes production in Galati to meet lower demand
Mittal Steel Galati, which is owned by Anglo-Indian steel giant Mittal Steel, is changing its production policy. It intends to reduce steel production at its plant this year in the wake of l...