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E&Y: Most Romanian Managers See Salaries Up To 10% Higher In 2013
Analysis

E&Y: Most Romanian Managers See Salaries Up To 10% Higher In 2013

More than a half of the Romanian top executives see salaries growing between 5% to 10% in 2013, mirroring inflation rate, while a quarter want to employ new people and only 4% believe the se...

Manuela Panescu · 12.02.2013 · 16:20 · 2 min
Romania's Operating Leasing Market Up 11% In 2012, To 41,500 Vehicles
Automotive

Romania's Operating Leasing Market Up 11% In 2012, To 41,500 Vehicles

Romania’s operating leasing market increased by 11% in 2012, to 41,500 managed vehicles, at a lower pace than estimated at mid-year due to a slowdown in the second half, according to data fr...

Manuela Panescu · 12.02.2013 · 13:57 · 1 min
Foreign Investments Continue Freefall. From A Peak Of EUR9.5B In 2008 To Just EUR1.6B In 2012
Macroeconomics

Foreign Investments Continue Freefall. From A Peak Of EUR9.5B In 2008 To Just EUR1.6B In 2012

Romanian foreign direct investment, or FDI, fell 11.1% on the year to EUR1.61 billion in 2012, the central bank said Tuesday.

Florentina Dragu · 12.02.2013 · 13:08 · 1 min
Banks-Insurance

Garanti Leasing Estimates To Grant Financing Of RON10M This Year

Garanti Leasing, part of Garanti Romania, is launching its first financing line in lei for vehicles, equipment and real estate, and estimates to give loans of 10 million lei (EUR2.27 million...

Oana Gavrila · 12.02.2013 · 11:47 · 1 min
Dacia Sandero Is Best-Selling Car In Spain
Automotive

Dacia Sandero Is Best-Selling Car In Spain

The first month of 2013 brought a rise in Dacia registrations on the main European markets, with the new Dacia Sandero being the best-selling car on the Spanish market.

Manuela Panescu · 12.02.2013 · 00:00 · 1 min
Dacia Starts Deliveries To The UK
Companies

Dacia Starts Deliveries To The UK

The first 300 right-hand drive Dacias were registered in the UK in January, according to the UK’s Society of Motor Manufacturers and Traders (SMMT).

Manuela Panescu · 12.02.2013 · 00:00 · 1 min
HP Romania Expects PC Market To Grow 5% In 2013
Technology &Telecoms

HP Romania Expects PC Market To Grow 5% In 2013

The local subsidiary of Hewlett-Packard expects the Romanian computer market to grow by 5%, with the performance of the printer business deemed to vary by technology (inkjet and laser), Tibe...

Manuela Panescu · 12.02.2013 · 00:00 · 2 min
Bad Loans Bring Romanian Banking System Loss To RON2.1B
Banks-Insurance

Bad Loans Bring Romanian Banking System Loss To RON2.1B

In the past three years banks in Romania have piled up losses of 3.4 billion lei (EUR773 million) as one fifth of loans were not performing.

Neagu Bogdan Mircea · 11.02.2013 · 22:00 · 1 min
Capital Market

Broadhurst Asks Ductil To Pay Dividends From Previous Years’ Profit

Romanian electrode and welding equipment maker Ductil Buzau (DUCL.RO) may pay dividends of 48 million lei (EUR10.93 million) from previous years’ profit, according to a proposal of its stock...

Manuela Panescu · 11.02.2013 · 18:13 · 1 min