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Conpet downwardly revises revenues and expenditures
State-held Conpet Ploiesti, which transports petroleum products, has revised its overall revenue estimate for 2008, from the 366.87 million RON (around 100 million euros) announced at the en...
Euroholding, 100m-euro investments in constructions and textiles
Italy's Euroholding group, which carries out operations in constructions, textiles and real estate, will reach the 100m-euro mark in terms of investments since it first entered the market in...
City and Central Plaza in Cluj up 80%
Transilvania Development (TD), manager of City Plaza hotel (4 stars) and Central Plaza (3 stars) in Cluj-Napoca, saw turnover increase 80% in the first three months of the year to 340,000 eu...
Carrefour and Real open 7 stores each
French-held group Carrefour and German-held retailer Real, the largest hypermarket networks on the Romanian market, with turnover worth almost 1.3 billion euros in Romania in 2007, will expa...
Ursus, Timisoreana and Bergenbier, favourite beers
The best-selling beer brands in hotels, restaurants and outdoor restaurants are domestic brands Ursus, Timisoreana and Bergenbier, with the first two included in the portfolio of Ursus Brewe...
Italy and Spain take Blue Air's traffic to half of TAROM's
Blue Air, the low-cost airline that reached half of TAROM's revenues on the Romanian market in three years, is still relying on Spain and Italy, whose routes place it among the top spots on...
Euros and Swiss francs are most popular currencies for loans
According to NBR data, euro loans now represent 53% of total non-governmental lending, after the figure increased by 70% between January 2007 and January 2008. Euro loans increased their sha...
US and Romanian presidents insist on NATO enlargement
US President George W. Bush and Romanian President Traian Basescu yesterday had a bilateral meeting in Neptun (on the Black Sea coast), a few hours before the start of the NATO summit in Buc...
Voluntary pension funds investing more and more on stock market
The voluntary pension funds are investing larger and larger percentages of their assets on the Bucharest Stock Exchange despite the uncertainty and the massive losses on the capital market....