MARKET
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Jolidon: Exports Beat Domestic Market For First Time
Lingerie maker Jolidon of Romanian entrepreneur Gabriel Carlig has exported products made in its home city, Cluj (NW of the country) to more than 50 markets worldwide this year.
SIFs Might Be Allowed To Buy Each Other’s Stock
The regional investment funds (SIF) created in the early nineties when they took over 30% of the Romania’s economy have requested the Financial Supervisory Authority (ASF) to lift the restri...
Romania's 10 Largest Clothing & Footwear Retailers Make Up One Third Of Local Market
Romania’s clothing and footwear market, estimated at some EUR1.5 billion, is dominated by foreign brands and the only Romanian retailer included in the top ten, by market share, is Leonardo,...
Garanti Sees Romanian Leasing Market Flat At EUR1.3B This Year
The Romanian leasing market could stagnate this year at EUR1.3 billion, although leasing companies were hoping for a 10% growth in the industry at the beginning of the year, Garanti Leasing...
Brassai, Ford: Romanian Auto Sales To Reach 320,000 Units In 2013
Romanian auto sales will reach 320,000 units in 2013, of which 70,000 new cars and 250,000 used cars, Zoltan Brassai, general manager of Ford Romania, said Thursday.
International Chains Beat Traditional Retailers For The First Time
Modern retail, a EUR7 billion to EUR8 billion market, has managed to gain more than half of the local retail in less than two decades, so international chains now account for 53% of it compa...
Bergerat Monnoyeur: We Have To Take Present As Reference Point, Not 2007-2008
Construction companies have to ”reset” the construction market and take the present as a reference point, not the 2007-2008 period, when there was an almost “surreal euphoria,” believes Livi...
Romanian Software Market Up 5.7% On Year To EUR572.3M In 2012
The Romanian software market rose 5.7% on the year to EUR572.3 million in 2012, according to a survey conducted by the National Software Industry Association (ANIS) and IDC Romania.
Competition Council: Cement Market Is Least Competitive In The Economy
The Romanian cement market, shared by three major players, French Lafarge, German HeidelbergCement and Swiss Holcim, is the least competitive economic sector, according to a Competition Coun...