abroad
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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 agencies have compensated for the higher price of air fuel, which was re...
Ostahie considers expanding abroad
Real estate developer Cometex, a part of the Altex group, could develop shopping centres in other countries from 2009. The new retail complexes will be similar to the Aurora shopping centre...
Sommering looks abroad for growth
In the wake of the large number of ongoing real estate projects, the domestic installation systems market reached around one billion euros last year, up approximately 30-40% on the previous...
European Drinks set to start production abroad
European Food & Drinks group, owned by brothers Ioan and Viorel Micula, is now visiting countries such as Poland, Bulgaria, Ukraine and Russia to launch foreign production as part of regiona...
PayPal to help double online shopping from abroad
Gecad ePayment, an integrator of e-commerce solutions, has introduced PayPal as a means of payment for merchants that use the ePayment system, and expects to see a doubling of its sales made...
Romanians living abroad invest on the "home" stock exchange
Romanians working abroad have started to invest significant amounts of money on the Bucharest Stock Exchange and in domestic mutual funds, as an alternative to the traditional real estate in...
Italian and Spanish destinations drive TAROM revenues from flights abroad to 110m euros
The new flights TAROM has introduced to Valencia, Madrid or Bologna this yea r bolstered the company's revenues from regular flights abroad by 25% to around 110m euros (148m dollars) in the...
Corporate sector heavily borrowing from abroad
More than 50% of the corporate loans granted in foreign currencies by UniCredit Tiriac since the beginning of the year (accounting for both the former HVB Tiriac and UniCredit Romania) were...
Domestic insurers cannot afford to buy reinsurance abroad
The volume of gross premiums received for reinsurance by companies on the domestic market increased by 150% in euros last year, to 22.2 million euros (78.3 million RON), according to the 200...