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Porsche: 8.5% sales increase, to 320m euros
Porsche Romania, the largest importer of vehicles on the local market, sold 18,164 units in the first four months of the year, up 8.5% on the same period last year, whereas estimates made by...
Curiero wants to attract a strategic investor
Curiero, the local postal and courier services provider, which this year attracted IT firm Asesoft among its shareholders, continues to examine the possibility of selling a stake to a compan...
Public optimism won't allow interest rate increases to hinder lending
The National Bank's interest rate increases have had a reduced impact on lending in the wake of public optimism over higher incomes. However, the tightening of lending conditions by the comm...
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...
Foreign banks try to take control of BSE
Foreign banks have come to control, both directly and indirectly (through brokerage firms), around 21% of the share capital of the BSE. Nonetheless, they have little influence over the decis...
Mercedes-Benz about to decide on location in Romania
Mercedes-Benz has chosen Timis County as the location for a new plant that will assemble future generations of the A and B Klasse model, according to sources on the market, confirmed by the...
Samus Mex expects to rebound this year
Samus Mex, a furniture manufacturer based in Dej and part of Mobexpert group, announced it expected to achieve slight growth of up to 5% in turnover this year, compared with 2007, when sales...
Macon invests 7m euros to upgrade manufacturing
Deva-based Macon, a manufacturer of construction supplies, announced a 7 million-euro investment budget for this year, which will be used to upgrade manufacturing processes and improve the q...
Restaurant business to exceed 2bn euros in two years
The local restaurant market, where fast-food chains like McDonald's, KFC and Pizza Hut prevail, will double over the next two years, and is expected to reach over two billion euros, driven f...