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500 Romanian executives earn more than 10,000 euros a month
The managers in positions such as chief executive officer, general manager, country manager or partner in consultancy firms, law firms, real estate companies and investment funds are the hig...
Romanians are more indebted to banks than Americans
With bank instalments to repay that amount to 16% of their incomes, Romanians are more indebted than customers on mature markets in Western Europe and even Americans. "The debt service, whic...
Innova Capital: Romanian companies are 15% more expensive than Polish ones
Private equity funds say Romanian assets are among the most expensive in Central and Eastern Europe, after the limited number of companies and sectors with growth potential tipped the balanc...
Azomures value more than doubles and reaches 50m euros
The shares of chemical fertilisers producer Azomures (AZO), based in Targu Mures, have become Stock Exchange stars, in the wake of an 140% increase since the end of April, amid an optimistic...
Male CEOs make 30% more than female counterparts
Men at the helm of an organisation on the local market make an average of 11,600 euros (gross sum), 30% more than women who hold the same position, who earn slightly more than 8,000 euros, a...
Altex: Air conditioners to sell better than LCD TVs
Dan Ostahie, chairman of Altex, the biggest retailer of electronics and home appliances on the Romanian market, believes that air conditioners will be one of the most important segments on t...
Stock market slower than bond market this year
Mihail Ion, chairman of Raiffeisen Asset Management (RAM), a mutual fund manager, believes the stock market is likely to offer smaller profits compared to the bond market this year. "This ye...
Bucharest residents buy 4 times more cars than national average
One in every 79 people in Bucharest bought a car in the first three months of the year, 4 times higher on average than the national figure (one car per 321 inhabitants), according to the sta...
Auchan operates at lower margin in Romania than in France
The margins operated by retailer Auchan in Romania are 12-13%, while the same margin on the French market stands at 22%, Regis Mougel, manager of the Auchan hypermarket network in Romania to...