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Online sales take Sony Center business to 17 million euros
New Link, the company that operates the Sony Center electronic specialist store chain, estimates almost 17 million-euro revenues this year, an increase of 55% on 2006, as a result of higher...
JLL: Austrian real estate investors will take a break
The real estate investments market, which is currently dominated by Austrian investors, is expected to greatly diversify within the next few years, in terms of the investors' country of orig...
Domestic alternative energy business to take off
The Romanian market of alternative energy systems, which according to European statistical surveys currently stands "at zero", has a huge potential because of the inefficiency and high costs...
Constructions and Dacia take Elba's turnover to 21m euros
Elba, the Timisoara-based lighting products manufacturer, has posted a turnover worth 21.6 million euros (71.5 million-RON) for the first six months of the year, an increase of 31% against t...
Real estate boom to take Altex turnover to 300m euros
Altex, the biggest retailer of electronics and electrical home appliances in Romania, estimates it will reach an income worth 6m euros by yearend, after it posted 3.9m-euro in losses last ye...
CEC in talks to take over Asiban
The management of the Romanian Savings Bank (CEC) has been authorised by the bank's majority shareholder, the Economy and Finance Ministry, to start negotiations for the takeover of Asiban i...
BMW could take over stake in EBS Romania
The German group BMW will take over some of the shares of EBS Romania, a producer of economic software solutions, which handles some of the IT systems of the German carmaker. EBS posted busi...
4,500 bankers may take a pay cut as of August
The net incomes of the employees that earn gross salaries in excess of 6,350 RON could go down as a result of a modification of the social security law. The salaries of approximately 600 of...
Companies to take interest in voluntary pensions next year
Companies will be interested in offering voluntary pensions to their employees as part of salary packages as late as next year, as their budgets are not ready to include such products yet. T...