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New hotels scheduled to open this year
This year will see over 16 new hotels open on the market, most of which belong to chains already established in Romania, such as Ramada, Golden Tulip and Continental. However, the most impor...
Malls scheduled for opening this year
This year's star cities will be Bucharest and Suceava, with 3 launches of new shopping centres each, while Galati, Buzau, Piatra-Neamt or Focsani will witness the opening of the first develo...
How much will managers earn this year?
Managers' salaries are expected to increase by 9 to 15% this year, thus slowing down the recent growth, when the market average stood at 30-40%, and even doubled for certain positions and fi...
Will beer consumption exceed this year's record highs in 2008?
The beer market is likely to exceed 1.4bn euros next year, although major brewers are not counting on two-digit growth rates in 2008, after this year's record highs. In fact, multinationals...
Omniasig: 240m-euro business this year
Omniasig, the second-largest life insurer on the market, expects to register turnover worth 800 million RON (240 million euros) this year from gross underwritten premiums, the company's gene...
12bn euros in loans for consumers and companies this year
Consumers and companies took out loans in RON and foreign currency worth 12 billion euros in the first ten months of the year, up 23% against 2006 and double against 2005. Individual clients...
One in twenty Bucharest residents expected to buy a car this year
Over a third of the total cars sold in Romania in the first 10 months of this year, i.e. 258,000 units, were purchased by Bucharest residents, which roughly means that one in every twenty in...
2.5bn-euro deals on oil market this year
Four major deals with oil companies were signed in 2007, which totalled 2.5bn euros and marked the entrance of one major player and the exit of another. Experts believe there remains room on...
Automotive market speeds towards 350,000 units this year
The market of new vehicles is expected to hit the 350,000-unit mark this year, up approximately 18% on last year following an accelerated renewal of cars and an increase in the level of impo...