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A&D: turnover and profit up, margins down
A&D Pharma, which groups the Mediplus distributor and the Sensiblu drugstore chain, posted a net profit worth 17.82 million euros last year, up 7.4% against 2005. At the same time, the net p...
Pambac to grant fewer dividends to prop up investments
Alin Giurea, general manager of Pambac, one of the major players on the market of bakery products, announced only 18% of last year's income would be earmarked for dividend payments, unlike i...
Logan drives Inergy Automotive's business up
Inergy Automotive Systems, the Belgian-French producer of car fuelling systems, which holds a production centre in Pitesti, posted an 18 million-euro turnover last year, up 50% against the r...
5% of savings set up for over one-year maturity
Only 5% of the population's deposits are made for periods longer than a year, while 30% of them are overnight deposits, shows data for January supplied by the NBR (National Bank of Romania)...
Flat prices up 4% in March
The average price of a three-room flat in Bucharest went up 4% in March, reaching 1,430 euros per square metre compared with 1,375 euros in February, according to an analysis conducted by ZF...
Carrefour speeds up expansion pace
Carrefour, the biggest hypermarket network in terms of sales, is to increase the pace of its expansion, with investments worth around 180 million euros. It announced it would double the numb...
Aldis to gradually give up its own store network
George Naghi, president and majority shareholder of Aldis, says he intends to give up his store network amid the boom of the retail segment on the local market. "We will gradually give up ou...
ACC market goes up to 180m euros
Consumption of ACC (autoclaved cellular concrete) will increase by around 15% this year, a rate that could be doubled by a 10-15% price increase. Under the circumstances, the ACC market is e...
HVB Tiriac's private banking portfolio up to 160m euros
The private banking customer portfolio of HVB Tiriac doubled last year, reaching an asset volume worth 540 million RON (almost 160 million euros), according to the data published in Buchares...