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Adeplast maker set to ramp up production
Oradea-based Multistar Prod company, the manufacturer of Adeplast construction materials, is set to begin investments exceeding 12m euros, with plans to start building a production facility...
Iran Khodro plans to export sedans to Romania
The state-controlled Iranian company Iran Khodro, the biggest carmaker producer in the Middle East, plans to export a sedan car manufactured in Belarus onto the Romanian market, according to...
Citi: Banking market will continue to attract foreign investors
We feel very strongly that Romania and in general the South-Eastern area of Europe offers excellent short and medium term opportunities for financial and banking investors, says Kevin Murray...
EU accession takes air transport market to ?110m in 4 months
Regular passenger flights market reached 110m euros in the first few months of this year, up 20% on the same period last year and therefore boasting one of the fastest growth rates in the wo...
Nokia mobiles made in Cluj to be sold in Romania, Africa and Asia
John Guerry, the man who will be implementing the Nokia Village concept in Cluj, says that although many of the suppliers of the Finish group are attracted by Nokia's investment, optimistic...
Bank CEOs can earn up to 220,000 euros a year
A chief executive officer of a company on the domestic market earns between 90,000 to 220,000 euros in net amount a year, that is 7,500 to 18,300 euros per month, reveals a salary survey con...
Ursus loses about 5% volume increase due to production limitations
Ursus Breweries, number two on the local beer market, last year improved its profit margins, after having increased its turnover by 30% to around 190 million euros. "We estimate we have lost...
Presentation CDs expected to become popular in a few years
A printer and several CDs: this is all one needs to start a business with presentation CDs for firms. Though in Romania this activity is considered just a related service provided by web-des...
Banks under pressure to provide greater network efficiency
Banks can make a more efficient use of their existing networks through the sale of products, as an alternative to costly territorial expansion, which is becoming more and more expensive. "We...