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Agip sees net income up 250%in 2007
Agip Romania, the domestic subsidiary of Italy's Eni oil group, late last year posted net income worth 2.05m euros (6.86m RON), up around 250% from 2006, when it reached 0.6m euros (2.1m RON...
Equest's local portfolio put at 150m euros, up 28%
Investment fund Equest Balkan Properties, listed on the AIM market of the London Stock Exchange, has invested 116 million euros in ten properties on the local market until the end of last ye...
Carrefour sees operating income up by 33%
Carrefour, leader of the hypermarket segment on the local market, registered a 33% increase in its current operating income in Romania last year, amid a net turnover worth 731.1 million-euro...
Lending up, savings down in March
Credit taken out by companies in the private sector sped up once again in March and increased by 3.3% after a slower increase in January and February. In parallel, the appetite for savings w...
Treichl: We'll catch up with BRD by yearend
The fact that Soci?t? G?n?rale's BRD has outranked the BCR in terms of network size and of efficiency is the result of the French group's entry onto the market in 1999, according to Andreas...
City and Central Plaza in Cluj up 80%
Transilvania Development (TD), manager of City Plaza hotel (4 stars) and Central Plaza (3 stars) in Cluj-Napoca, saw turnover increase 80% in the first three months of the year to 340,000 eu...
Headhunters can make up to 100,000 euros from recruitment
The recruitment of a Romanian manager can cost up to 25,000 euros, while in the case of expat managers, costs can be four times as high, depending on the salaries involved. "For a general ma...
E.ON Gaz Distributie gives up 31% of employees
E.ON Gaz Distributie, the distribution arm formed in the wake of separation of the gas supply division from the gas distribution division of the former Distrigaz Nord, posted net profit wort...
Vincon: wine exports will go up 20%
Wine producer Vincon Vrancea, one of the major players in the industry, has budgeted an over 20% increase in exports this year, after last year's exports accounted for around 5% of turnover....