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21 malls scheduled to open this year
Just as in 2007, when the number of malls doubled to 20, developers have scheduled the majority of new launches for the last quarter of the year. New openings on the market this year include...
Half a billion euros aimed at hypermarkets this year
On the domestic hypermarket segment Carrefour is the market leader in terms of sales, while Real boasts the largest number of stores, and Auchan the largest number of shoppers. However, ther...
This year's exits make 20 new millionaires in euros
The cumulated value of exit deals conducted by local entrepreneurs reached 360 million euros in the first three months of this year, according to the data centralised by ZF. Those that creat...
Worst hit companies on the Bucharest Stock Exchange this year
Companies with medium capitalisation on the Bucharest Stock Exchange were among the worst hit by the decline since the beginning of the year, having lost 40% to 60% of their value, while the...
bauMax expects sales to double this year
Austria's bauMax DIY retailer this year expects its Romanian sales to double to 120m euros as 3 new stores will be added to the network. BauMax will operate 8 stores by late 2008 and in 2009...
Actavis relies only on exports for growth this year
Drug manufacturer Actavis Romania (formerly Sindan) this year aims to double export levels to 30m euros, up from 15m euros last year. Concerning domestic sales, the company has budgeted a si...
Isarescu: The euro will stay high this year
The Romanian currency will not be able to regain the ground it lost against the euro this year, so the average exchange rate will register an increase against 2007, considers Mugur Isarescu,...
Asesoft Distribution targets 135m dollars this year
Asesoft Distribution, a Romanian IT distribution company, part of the Asesoft group, estimates a 135 million-dollar (90.8 million-euro) turnover this year, up 30% from the 104 million dollar...
Petroleum market to reach 6.8bn euros this year
Petroleum product consumption is set to rise by around 7% this year against 2007 on rising car fleet and expansion plans announced by the main players. Translated into money, the difference...