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Romanians spend more on cigarettes than on cars in H1
Sales of cars on the domestic market revolved around 860 million euros in the first six months, according to ZF’s calculations, down more than 65% compared with the same time of last year, to a volume of about 70,000 units sold.
Customers spend 22% more in City Grill restaurant chain
The higher prices for raw materials and especially rising purchasing power are driving a City Grill customer's tab up by approximately 22% compared with last year. "We have successfully cont...
Romanians spend 29bn euros in H1
Romanians spent around 29 billion euros in the first half of the year on goods and services, i.e. on food, energy, cars, homes and mobile phones, according to Finance Ministry data on VAT co...
Multinationals spend 30,000 euros monthly on expat execs, half of which on salary
The net salary accounts for just half of an expat's costs in Romania. A multinational spends around 30,000 euros a month on an expat who holds a CEO or a general manager position, i.e. 360,0...
NBG to spend 6-7m euros on rebranding
"We expect the annual gross income to slightly exceed 15m euros. We are taking into account narrower profit margins from operations with customers and the unfolding of some extensive project...
Deloitte: Romanians will spend 72bn euros on retail by 2017
Romanian retail sales could go up 130% from 2007- 2017, and reach over 72 billion euros, with Romania being, alongside Bulgaria, one of the markets with the biggest growth potential in the f...
Romanians spend over 270m euros on confectionery
The value of sales on the confectionery market amounted to around 924.5 million RON (around 277 million euros) last year, up 27.4% against the previous year, after chocolate tablets preserve...
Romanians to spend 20bn euros on food
Retail sales, which include traditional stores, marketplaces and modern retail networks, could increase by 16.5% this year, and reach 121.7 billion RON (38 billion euros), with more than hal...
Hard Rock: average customer will spend 15 euros
Romania's first Hard Rock Cafe, due to open in Bucharest's Herastrau Park, expects to attract an average of 400 customers per day, while the restaurant's operators forecast sales worth up to...