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Value of deals struck in Romania to exceed 13bn dollars by 2012
The value of deals conducted in Romania will exceed 13 billion dollars by 2012, whilst the 5% economic growth forecast for the next four years will contribute to an increase in the volume of...
Construction workers ask for 700-euro wages to come back home
Romanians employed in the constructions sector in Italy say they would come back home if they were paid 600 to 800 euros per month, three times higher than the official average wage on the R...
BCR & BRD: bulk of credits granted to trade sector
Companies that are involved in trade account for the bulk of funding granted by large banks to the corporate sector, indicate the financial reports of BCR and of BRD-SocGen. In the case of B...
Piraeus gross profit up six times to 22m euros
The local branch of the Greek-based Piraeus Bank group derived gross profit worth 22 million euros last year, around six times higher on 2006. Assets went up by 196% to 2.87 billion euros, d...
ONRC: It is now possible to submit incorporation papers online
In a few weeks it will be possible to submit online all the documents required to establish a company on file with the National Trade Registry Office (ONRC), as soon as an Emergency Ordinanc...
Craiova assembles Ford vehicles to be sold in America
Starting next summer, the first Ford vehicle to be assembled in Craiova will be the Transit Connect (a light utility vehicle), which is currently made at the Kocaeli plant in Turkey. "The pr...
Stephen Stead aims to triple LaborMed's value in 4 years
Pharmaceutical manufacturer LaborMed Pharma, which became part of the portfolio of investment fund Advent International at the beginning of this year, for 123 million euros, is interested in...
Sortilemn sells 70% of its output to IKEA
Sortilemn, one of the leading furniture producers on the domestic market, forecasts turnover worth 35 million euros this year, the same level as in 2007. Last year, the Gherla-based manufact...
Domo: Home appliances market to stabilise at 3bn euros
The home appliances market, estimated at 1.3 billion euros this year, will experience continued growth until 2012, when it will settle at 3 billion euros, believes Lorand Szarvadi, general m...