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NBR ups monetary policy rate again, to 9.75%
NBR has paved the way for new rises in interest rates for RON deposits and loans after it raised the monetary policy rate for a fifth time yesterday, to 9.75%, which surprised many analysts....
General insurance market expected to rise by 18%
The Romanian general insurance market will rise at an annual rate of 18% in the 2008-2012 period, while life insurance premiums will see an annual 21% growth rate, according to researchandma...
Pump prices likely to rise by over 25% by yearend
Oil prices could reach 200 dollars/barrel, a price that even the most downbeat players, who projected a 150 dollar threshold early this year, could have hardly anticipated. Romania currently...
Entrepreneurs need to be in symbiosis with the market
When managing a business every new situation brings elements that an entrepreneur has to adapt to in order to survive and grow. An obstacle is nothing but an indication that something needs...
Private labels to generate 35% of Plus sales
Discounter store network Plus held by German group Tengelmann is currently seeing 25% of its sales generated by private labels. "Our goal is to increase this share to 30-35% of the turnover,...
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...
21 new malls set to open in 2008
21 shopping centres are scheduled to open by the end of this year, which means that a new mall will open, on average, every 11 days in Romania, with the available modern commercial area set...
Agras business down one third, to 4 million euros
Agras Vienna Insurance Group underwrote gross premiums worth 13.18 million RON (around 4 million euros) in 2007, down 39% on the previous year, while gross profit went up 11 times and reache...
Emil Pop prefers to sell offices directly to companies
After two office buildings, Emil Pop wants to become part of a higher league of developers through investments worth 62m euros in the office and housing segments and in Stirbei Voda Palace,...