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Tiriac Air: Moscow and Nice, top charter destinations
Charter airline Tiriac Air reached a turnover of 32.1 million RON (around 9 million euros) last year, an almost 30% increase year on year. "The activities that contributed to this turnover i...
WirTek and ISDC to hire around 800 people in Cluj
Software producer WirTek and software & services producer ISDC say that they intend to hire approximately 800 further staff within the next three years for their centres in Cluj, with each o...
CC a autorizat preluarea Matel Holdings de catre Hungarian Telephone and Cable
Consiliul Concurentei (CC) a autorizat, prin decizie de neobiectiune, operatiunea de concentrare economica realizata de catre Hungarian Telephone and Cable Corporation. prin dobandirea in mo...
Real estate and equipment leasing gain ground
Last year auto financing dipped by six percent to 69% in the overall portfolio of leasing companies, as domestic firms' shifted to other types of financing, as a result of the arrival of new...
Spread between rates on loans and deposits in RON down to half
The spread between interests on loans and interests on deposits in RON has halved on the retail segment over the last three years, from an average of almost 15 percentage points in 2004 to l...
A&D: turnover and profit up, margins down
A&D Pharma, which groups the Mediplus distributor and the Sensiblu drugstore chain, posted a net profit worth 17.82 million euros last year, up 7.4% against 2005. At the same time, the net p...
SIFs to collect 59m-euro dividends from BCR, BRD and Petrom
The SIFs (Financial Investment Companies) will collect dividends worth a total of 200 million RON (59 million euros) from BCR, BRD and Petrom this year, around 17% higher than last year. The...
January sees foreign deficit up 162% and investments down 44%
The surge in the current account deficit has been generated by massive imports made after the first month of EU integration, while the shrinking of investments has caused difficulties in fin...
Dawnay Day invests 135m euros in Cluj and Arad
British investment and financial services group Dawnay Day, owner of the Brasov-based commercial centre MacroMall, says it will invest 135 million euros in two real estate projects in Cluj-N...