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Prices of industrial output up 1.16% in April
The prices of industrial products saw a 1.16% increase in April against the previous month, and an 8.68% growth rate over the last 12 months, the National Statistics Institute (INS) announce...
Value of construction works rises 30%
The value of construction works rose by 14.2% in April against March, and by 34.9% against April 2006, with the cumulated increase over the first four months standing at over 30%, according...
20.1% more foreign visitors in April
The number of foreign visitors to Romania registered at border checkpoints stood at 535,900 people in April, up 20.1% against April 2006, with the majority, i.e. over 94.5% originating from...
NBR reserves resume growth in May
The foreign currency reserve of the National Bank of Romania (NBR) started to rise again in May, after three consecutive months spent in decline. In May the reserves saw a 525.5 million-euro...
Cluj-Napoca airport to invest in a new terminal
The Cluj-Napoca international airport intends to build a new departures terminal through an investment of around 20 million euros, with works expected to start this year and end in 2008. The...
Immoeast: 300m euros for logistic centres
Austrian investment fund Immoeast, the most active player on the local real estate market, will develop a network of 8-10 shopping centres in partnership with the European Future Group (EFG)...
Savings still strong after NBR cuts interest
The appetite of the population for saving has remained robust, with RON deposits seeing a record increase, by almost 43% in real terms at the end of April against the same month last year. T...
Elite could invest in new market segments
Elite Romania, the biggest domestic coffee producer, could invest in new market segments, with the group already having an international presence on the market of fresh foods (including dair...
Radiografia economiei in Anuarul de Business 2007
A doua editie a Anuarului de Business al Romaniei cuprinde aproximativ 800 de companii si 80 de piete, fiind cel mai cuprinzator instrument de lucru de pe piata. Anuarul fotografiaza economi...
Fabian takes over office building for 5m euros
British investment fund Fabian Romanian Property took over the Evo Center One office building, developed by Adama, through a sale and leaseback transaction worth 4.9 million euros, announced...
Continental increases tyre production by 8%
Continental Automotive Products, which owns a tyre plant in Timisoara, will increase the production of its Timisoara-based plant by around 8%, to over 13.5 million tyres, compared with the c...
HTI in talks with Morgan Stanley
Brokerage company HTI Valori Mobiliare (HTI Securities), the biggest shareholder on the Sibiu Exchange and one of the biggest shareholders of the Bucharest Stock Exchange, is being wooed by...