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Launch of 1,000,000 ROL bill to be shortly followed by denomination
Three days after the National Bank's announcement about the imminent release of the 1,000,000 ROL bill, Premier Adrian Nastase decided that Parliament would receive the draft law on the dome...
Flamingo raises bet by 10,000 PCs
Flamingo Computers has revised its PC sales target upwards, estimating it will sell 35,000 PCs this year, 10,000 units more than initially anticipated, said Dan Topala, Flamingo Internationa...
Brokers' mistakes insured for 200,000 euros
Insurance brokerage firms will have to buy a professional liability insurance covering at least 200,000 euros or for an annual aggregated amount of 500,000 euros, the Insurance Supervision C...
5,000 hotel rooms in Bucharest
Bucharest has 46 hotels, with a total capacity of 4,962 rooms, with almost half of the units being ranked as three-stars, according to data provided by the Romanian Hotel Industry Federation...
Romanians spend $300,000 in virtual bookshops
Many Romanians are using the Internet only to surf worldwide sites, send e-greetings, chat and play online games. But few consider the Internet as a means of enriching their libraries at hom...
XXL discount stores boast 35,000 customers daily
Two years after entering the Romanian market, XXL Mega Discount! Store network, owned by the German group Rewe, has managed to reach a daily volume of 18,000 customers in each of its four st...
100,000 euro threshold dropped
The minimal amount any non-resident interested to engage in commercial operations in Romania has to come up with was cut down from 100,000 euros to 70,000 euros if they plan on becoming shar...
100,000 euros for Honda showroom
Inter Motorcycle, part of the AutoItalia Group, yesterday opened its first showroom aimed at showcasing and selling Honda motorcycles.The company is planning to open another 4-5 such centres...
Continental Villa sold for over $500,000
The Continental Villa in Cluj, part of the hotel chain operating under the same name, was bought by GRP Group, a fully Italian-held company especially established for this acquisition. None...