Year
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Local builders, most profitable last year
Tehnologica Radion, Delta ACM 93, Euro Construct Trading '98 and Eurovia Construct International, held by local businesspeople, became the most profitable constructors last year, due to the infrastructure rehabilitation and modernisation works conducted in Buc...
ING's Boyer believes one more year of financial crisis still to come
The world is going through a period of intense stress and is likely to experience the financial crisis for another year, believes Eric Boyer, a member of ING Group's executive board and head...
Viessmann expects 42m-euro turnover this year
Viessmann, one of the leading players on the local boiler market, estimates it will post turnover worth 42 million euros this year, up by around 10% to around 38 million euros in 2007. Accor...
2008 will be the first difficult year for real estate consultants
The top five real estate consultancy companies in terms of turnover posted an over 26% profit margin last year, while turnover doubled (49 million euros in revenues). However, the growth rat...
JLL: 2007's deal volume could be matched this year
The volume of real estate transactions recorded last year, worth almost 2 billion euros, could be equalled this year, since many ongoing transactions could be completed by the end of 2008, a...
Medcenter has 9 millon euros to invest this year
Medcenter, a private medical services provider, has this year earmarked an investment budget worth 9m euros for two new clinics in Bucharest, an imaging centre and two clinics in the country...
Holcim: We raised prices by 10-12% this year
Holcim Romania, part of the Swiss Holcim group, has upped its cement prices by 10-12% since the beginning of the year, said the company's general manager Markus Wirth. He added the sale pric...
Foreign debt rises 40% in one year to 44.8bn euros
Romania's medium and long-term foreign debt reached 44.8 billion euros at the end of the first half, an increase of 42% against the same time in 2007, while the current account deficit rose...
Expat community in Romanian business costs over one billion euros a year
Companies that employ the around 10,000 expats that work in Romania fork out 100 million euros each month (1.2 billion euros per annum), given that the average salary package of a foreign ma...