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OTP Bank to rely on alternative channels for 50% of sales
Bankers have started to study more closely the possibility of distributing products through alternative channels as the rising prices of commercial space and the increase in salaries are dri...
Biodiesel market set to reach 25m euros
Eu fuel consumption norms will generate a 25 million-euro biodiesel market in the last six months of this year. Imports will make up the largest part of the market, though, as most projects...
Orange Romania's revenues up 29% to 283.3 million euros in Q1
Orange Romania's revenues increased in the first quarter of this year by 29.1% to 283.3 million euros, while the number of recorded customers increased by 16.4% to 8.271 million, according t...
Borsec producer triples profit to 6m euros
The Romaqua Group, the biggest mineral water producer on the market, posted an approximately 6 million-euro gross profit last year, almost three times as much as in 2005, according to data p...
10 managers getting ready to manage private pension funds
Six companies have already expressed their formal interest in the private pensions market put at over 1bn euros in the next three years. Which are the players that will operate on this marke...
Are Romanians in danger of working themselves "to death"?
According to statistics, Romanian employees are neither more productive than other European employees, nor do they work more hours. However, the death of an Ernst & Young company manager due...
Bucharest airports to begin privatisation in June
Compania Nationala Aeroporturi Bucuresti (the National Airport Company Bucharest), which resulted from the merger between the two airports - Baneasa Aurel Vlaicu and Otopeni Henri Coanda - w...
Lithuanians sell Albinuta to Profi
The hard-discount outlet network Profi, which is owned by the Belgium group Louis Delhaize, which also controls the Cora hypermarket chain, will enter onto the Bucharest market by acquiring...
WirTek and ISDC to hire around 800 people in Cluj
Software producer WirTek and software & services producer ISDC say that they intend to hire approximately 800 further staff within the next three years for their centres in Cluj, with each o...