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Analysts: The NBR will not raise interest rates after August deflation
Economic analysts have changed their mind and now estimate the NBR (National Bank of Romania) could preserve or even reduce the monetary policy rate by the end of this year, amid favourable inflation progression in August and the prospect of entering a disinfl...
TAROM below expectations after 7 months
TAROM, the largest airline operator on the local market, transported one million passengers in the first seven months of the year, 14% more than the same time last year, but less than the 20...
Gian Sharp, DHL: Romania offers highest growth opportunities after Cargus integration
After more than two years of talks over the acquisition of Cargus, DHL Romania will begin to make joint decisions on behalf of both companies as of next year and become the undisputed leader...
Marriott Bucharest generates highest revenues after Moscow and Paris
International hotel chain Marriott, which operates the five-star JW Marriott Bucharest Grand Hotel in Romania, aims to have five hotels branded as Marriott, Renaissance and Courtyard. "In fi...
Commodities Exchange, still adrift after 16 years
The Romanian Commodities Exchange, the place where commercial transactions should generally be conducted is, after 16 years, still in a burgeoning stage of development. The low volume of tra...
Grey: We're among the top 3 countries in the region, after Russia and Poland
"Late last year, we lost an important customer (Heineken), but in the first half of this year we covered the gap by gaining new customers. (...) We may not experience growth like last year,...
Hame's GM leaves just 3 months after being appointed
Robert Kowalski, general manager of pate producer Hame Romania will step down as manager of the local division of the Czech producer just three months after his appointment. "My departure fr...
MOL reaches 125 filling stations after 150 million-euro investments
The latest filling station to open in Romania is located in Arad- a greenfield investment worth around 1 million euros. "MOL Romania's gross investments in the development of its filling sta...
Charlemagne: more opportunities now, after land was overvalued last year
Charlemagne, which sold three office buildings in Bucharest for 110 million euros last year, is in talks to become involved in three more projects, after a period during which the British co...