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Gregory's expects sales to double
Fast food chain Gregory's estimates to see some $1.8m sales this year, twice higher than last year, when it logged $850,000 in sales. Gregory's results confirmed the upward trend on the fast...
Gourmet plans to regain position
Charcuterie and meat products maker Gourmet plans to invest some 5.7m euros in expanding the activity of its factory and in building a new one for processing meat. The new investments are in...
Retail market appeals to ABN AMRO
ABN AMRO Group's management team in Amsterdam is considering a change in the strategy for the Romanian market: from a bank specialised in services for corporate clients into one that could a...
Tanasescu says single tax quota to cover all incomes
The 23% single tax quota will be levied on every income covered by the global income taxation system currently used, while the list of deductions was supposed to be finished yesterday, Finan...
Antibiotice takes to fertilisers
The disastrous situation of the Romanian healthcare system has not caused just headaches to pharmaceutical companies' managers, but has also given them ideas for new businesses, where bills...
School start turns into lucrative business for retailers, insurers try to profit, too
The beginning of the school year has proven, if necessary, that big money can be made from doing business with kids. At least this year, when the overlapping of two generations of first grad...
MasterCard close to 2bn euros
The number of merchants accepting payments with Maestro cards doubled in the first half this year. Maestro cards were accepted at 6.500 electronic terminals at the end of H1, while the Maste...
Fast-spreading borrowing frenzy forces Insurance Supervision Commission to take steps
The fast-spreading crediting frenzy among individuals has alarmed not only the banking system supervision authorities but also the insurance supervisors. The sales of credit and guarantee in...
NBR wants inflation pegged to 7%
The National Bank of Romania proposes a 7% inflationary level and a one percentage point fluctuation interval for this indicator for 2005, when the direct inflation pegging is due for introd...