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Innova Capital: Romanian companies are 15% more expensive than Polish ones
Private equity funds say Romanian assets are among the most expensive in Central and Eastern Europe, after the limited number of companies and sectors with growth potential tipped the balanc...
Metrorex: Road traffic problems brought 6 million more passengers
Metrorex, which operates Bucharest's underground network, transported 46.2 million people in the first quarter of this year, 6 million more than in the same period of 2007. According to Metr...
Azomures value more than doubles and reaches 50m euros
The shares of chemical fertilisers producer Azomures (AZO), based in Targu Mures, have become Stock Exchange stars, in the wake of an 140% increase since the end of April, amid an optimistic...
Male CEOs make 30% more than female counterparts
Men at the helm of an organisation on the local market make an average of 11,600 euros (gross sum), 30% more than women who hold the same position, who earn slightly more than 8,000 euros, a...
Holidays abroad could become 10% more expensive in the coming years
Romanians who holiday abroad could pay at least 10% more in the coming years for holiday packages, due to an increase in fuel prices, and consequently air travel costs. "This year, travel ag...
Delta Distribution: 25% more employees
Delta Distribution, the largest distributor of ceramic tiles on the local market, increased its number of employees by 25%, to 550 people last year, in the wake of a 6 million-euro investmen...
Bucharest residents buy 4 times more cars than national average
One in every 79 people in Bucharest bought a car in the first three months of the year, 4 times higher on average than the national figure (one car per 321 inhabitants), according to the sta...
Groupama's lawyers expect more French investors on insurance market
After Groupama, the next French group that could take over a local insurance company is AXA, which submitted a takeover bid for Asiban, and is now in the race for taking over Unita. The Fren...
CSA authorises four more insurance brokers
The Insurance Supervision Commission (CSA) has recently authorised another four insurance brokers: Decagon, Fanbrok, Mobil and Marosi. There are currently around 400 firms that operate on th...