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Elvila sees growth on hotel and office furniture segment
The Muntenia branch of the Elvila Group, which specialises in getting furniture contracts for hotels and office buildings, estimates an increase in orders by 600% this year compared with 200...
Customs and power sector, Romania''s most serious problems
The inefficiency of customs and the power sector are the weaknesses Romania will have to deal with regarding its entry into the European union, stated Giovanni Ravasio, the economic advisor...
Sales of free and subsidised drugs fall in relation to H1
Pharmaceutical companies sold fewer subsidised and free drugs in the third quarter of this year as compared with the end of the first half of the year, with consumption of this category of d...
Logistics, courier services and distribution boost demand for new trucks
Transport companies replacing their fleets and business growth in the distribution sector have led to an increase of over 12% in the sales of commercial vehicles above 3.5 tonnes, with the p...
Consumer lender from Cosmo and TBI
Home appliances retailer Cosmo and Dutch TBIH Financial Services Group will launch a consumer credit company by the end of the year. The Dutch holding is already operating on the domestic ma...
Kronospan raises bet on Sebes plant and invests another 25m euros
The Austrian group Kronospan, operating in the wood processing industry, has finalised investments worth 25 million euros in the hardboard plant it owns in Sebes, Alba county. The money was...
General Prosecutor''s Office dragged into oil war between Patriciu and Iancu brothers
The clash of the Romanian petroleum industry''s heavyweights - Dinu Patriciu, the chairman of the Rompetrol Group, and the Iancu brothers, the owners of Balkan Petroleum - is getting fiercer...
EFG, OTP and Raiffeisen leading the race for CEC
Greek bank EFG Eurobank Ergasias, the majority shareholder in Bancpost, has become the lead player in the race for the acquisition of the Romanian Savings Bank (Casa de Economii si Consemnat...
Malls and office buildings drive market up by 18%
The boom in projects on the real estate market, both in the form of commercial centres and office building projects, took the entire construction market to a value of more than 2.55 billion...