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Bucharest forex market stabilises around 36bn-euro transactions a month
Although it has seen steady growth over the last few years, the Bucharest forex market still falls behind other regional markets. The overall volume traded on the Bucharest forex market fell slightly in May on April, and reached 35.9 billion euros, reveals a Z...
MAN: Truck market will stabilise at around 20,000 units
The market of over 6-tonne trucks, estimated at 12,000 - 13,000 units last year, according to representatives of MHS Truck & Bus - importer of the MAN brand on the local market, will reach m...
Land prices around Cosmopolis double
Land owners in Stefanestii de Jos (North Bucharest) are currently asking for 90 euros/ square metre, after several residential projects have been developed in the area. "Last year, a square...
Dunca budgets around 40m-euro revenues from freight transport
Romeo Dan Dunca, owner of the road freight company Dunca Expeditii, has budgeted a 40% increase in its transport-derived revenues, to around 42 million euros. "Last year, we attained the 30...
Proton targets around 50m-euro turnover
Proton Technologies, a retailer and distributor of mobile phones and GSM accessories with operations concentrated in the region of Moldova, posted business worth 40.2 million RON (12.44 mill...
Housing complexes around Bucharest double land prices
Prices of land around Bucharest are witnessing spectacular increases as a result of the rising interest of developers of housing complexes, so that in some cases trading values even double o...
Lidl increases share capital by 10m euros to around 26.5m euros
Lidl Romania SCS retailer has raised its share capital by 10m euros, to around 26.5 million euros (90m RON), through a contribution in cash by its main associate, Germany's WE-Beteiligungs....
Alexandrion forecasts around 60m-euro turnover
The spirits division of the Alexandrion group, which holds a 90% share of the brandy market, posted 40 million-euro turnover in the first nine months of this year. "This means a slight incre...
Hame-Antrefrig deal, put at around 5m euros
Businessman Manucher Saadati Sohi states he decided to sell Antrefrig pate brand and part of production equipment to Hame Romania to be able to develop his businesses only in the real estate...