23 November 2010

The Romanian car industry posted a turnover of EUR 8.1 billion last year, which was 6 percent of the country's GDP. The auto industry is expected to reach a 10 percent weight of the GDP this year, according to Constantin Stroe, head of the Car Makers Association in Romania.

23 November 2010

*400,000 Romanians chose private medical care – in Ziarul Financiar
*Car center in mall: Grand Arena tries to attract visitors. Decathlon comes in December – in Ziarul Financiar
*Ropharma shares on the Bucharest Stock Exchange tomorrow – in Ziarul Financiar
*Firms replace expat managers with Romanians who worked abroad and reduce their salary costs by 20 percent – in Ziarul Financiar

22 November 2010

The first mono brand Gucci store in Bucharest will be opened by mid December this year, despite initial rumors of a possible delay, according to CPP Luxury Industry Management Consultants. The Gucci store will be located on the ground floor of the five – star hotel Athenee Palace Hilton and will cover 280 sqm. The retail area in the hotel has recently underwent renovation.

22 November 2010

As we are about to enter the party season, we are looking at the greatest party drink of them all – Champagne! It is very interesting how people’s perception of the French fizz has changed over the past 30 years. Once it was considered something only for special occasions like Christmas, birthdays and weddings. The reason for the change in attitude is that Champagne prices have barely increased in recent years, whereas increased wealth makes it relatively more affordable.

23 November 2010

The Romanian car industry posted a turnover of EUR 8.1 billion last year, which was 6 percent of the country's GDP. The auto industry is expected to reach a 10 percent weight of the GDP this year, according to Constantin Stroe, head of the Car Makers Association in Romania.

23 November 2010

*400,000 Romanians chose private medical care – in Ziarul Financiar
*Car center in mall: Grand Arena tries to attract visitors. Decathlon comes in December – in Ziarul Financiar
*Ropharma shares on the Bucharest Stock Exchange tomorrow – in Ziarul Financiar
*Firms replace expat managers with Romanians who worked abroad and reduce their salary costs by 20 percent – in Ziarul Financiar

22 November 2010

The first mono brand Gucci store in Bucharest will be opened by mid December this year, despite initial rumors of a possible delay, according to CPP Luxury Industry Management Consultants. The Gucci store will be located on the ground floor of the five – star hotel Athenee Palace Hilton and will cover 280 sqm. The retail area in the hotel has recently underwent renovation.

22 November 2010

As we are about to enter the party season, we are looking at the greatest party drink of them all – Champagne! It is very interesting how people’s perception of the French fizz has changed over the past 30 years. Once it was considered something only for special occasions like Christmas, birthdays and weddings. The reason for the change in attitude is that Champagne prices have barely increased in recent years, whereas increased wealth makes it relatively more affordable.

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