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Purchasing Power Will Not Get An Impulse Sooner Than 2012

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The biggest company on the oil market, Petrom, posted growth of business and profit even though the market it operates on continued to go down. Pump price hikes and cost cuts helped it turn in its favor a demand that refused to grow despite tentative economic rebound since the beginning of the year. Mariana Gheorghe, Petrom’s chief executive officer said that the entire retail market went down 4-5% in the… Read More...


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