to
3.824 articole · RSS
UFG encourages high-income Romanians to bank in Switzerland
Romanians who earn above-average incomes can open a current or investment account with a Swiss bank the size of Credit Suisse through Swiss company Universal Financial Group (UFG), according...
Workforce cost increase starts to hurt car parts makers
Labour force expenses in the car parts industry have surged by over 25% this year, according to market players, a situation where Romania starts losing its cheap labour force advantage, its...
Betty Ice Cream plans to expand outside Romania in 2008
Vasile Armenean, owner of Betty Ice, one of the largest ice cream producers on the market, has revealed that he plans to export products from the Suceava-based plant to several countries in...
US market optimism spreads to Bucharest Stock Exchange
Romanian shares yesterday began to share the same optimism as the world financial market, created by a 0.5% cut in the reference rate on the dollar operated by Fed, the US central bank on Tu...
Carmen Adamescu plans to develop two 5-star hotels
Carmen Adamescu, the majority shareholder in Rex hotel in the seaside resort of Mamaia, plans to invest in a five-star hotel in the centre of Bucharest and in another hotel in a mountain res...
SEWS Deva subsidiary to produce wiring systems for Renault
The Deva subsidiary of Sumitomo Electric Wiring System, a producer of wiring systems for the car industry, has been audited by Renault, so that more than 10 million car wiring systems will b...
UAMT Oradea borrows up to 3.5m euros for investments
UAMT Oradea, a producer of car parts and accessories, plans to contract loans worth as much as 3.5 million euros for investments, the company announced. The loans will be guaranteed with ass...
Baumit, expects to maintain its 30% growth rate in H2
Construction materials manufacturer Baumit Romania, a branch of the international group Baumit Wopfinger, generated a 30% turnover increase in the first half of this year against the same pe...
State-run sector employees stand to benefit the most from private pensions
State-run sector employees, whose gross salaries are higher than those of the people working in the private sector, will stand to benefit the most from the mandatory private pension system (...