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DTZ: office costs in Bucharest up by 45%
Bucharest will climb nine positions this year in the ranking of the 137 most expensive cities in terms of annual usage costs of office space (which consist of rent and other expenses) to 102...
Roche up 6%, to 109m euros
The local branch of the Swiss pharmaceutical giant Roche posted a 364 million-RON (109.3 million-euro) turnover last year (producer price), up 6% against 2006, according to estimates made by...
PPF puts Ardaf up for sale
Ardaf, an insurance company that has encountered serious financial problems over the last few years, has been put up for sale by the Czech investment fund PPF Investments, which took over th...
Orange revenues up 24%, to 1.234bn euros
The revenues of Orange Romania, the largest mobile telephony operator on the local market climbed by 24.3% last year against 2006, to 1.234 billion euros, after the growth rate was calculate...
Caroli: operating income up 50%
The Caroli official did not provide a forecast for this year's turnover, but believes the growth rate will surpass the market level. Caroli Foods, one of the leading charcuterie producers on...
Vodafone revenues up 18.8% in Q3 of fiscal 2007/2008
Vodafone Romania's revenues advanced by 18.8% in the third quarter of fiscal year 2007/2008 compared with the previous year, after the domestic market continued to act as the main growth dri...
NBR Governor Mugur Isarescu ready to help the RON up
NBR will continue to intervene on the market and could even choose to purge liquidity as often as twice a day, in order to alleviate pressure on the forex market, Mugur Isarescu, NBR Governo...
CEOs receive bonuses worth up to 50,000 euros
The heads of multinationals present on the domestic market at the end of last year received bonuses of up to 35% of their annual gross base salaries, which accounted for an average of 50,000...
Mutual fund assets up 50% to 270m euros in 2007
Net investments in mutual funds amounted to over 60 million euros in 2007, and acted as the main driver for an increase in assets. Mutual funds reported an over 50% asset increase, to 954.2...