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Romanians like their furniture modern and simple
While Romanians demand a modern design furniture, with fewer adornments, the major Western European markets, as well as the US and Japan see classic and art models in high demand, a trend ca...
4.5m euros for tile and sheet metal
Coilprofil, a Belgian tile and sheet metal constructions company, invested 0.7 million euros in a new production line, within its Romanian unit based in Ceptura, Prahova County. The producti...
RIC left with Compa and BTR only
One of the leading foreign investment funds on the Romanian market will cease its operations in late November this year. It is about Romanian Investment Company (RIC) established in 1997 in...
Ariston and Indesit see 150% first half growth
Merloni Elettrodomestici, an Italian producer of home appliances, which holds the Ariston and Indesit brands, saw first half sales grow by 150% from the same time last year. "There are two m...
Mobile phones, accessories and services make up a $350 million market
Hundreds of millions of dollars reach the accounts of the mobile telephony operators in Romania every year. The top two players on this market, Connex and Orange had come to total more than...
Equipment and services heading for $550 million
The Romanian market of energy equipment and services will increase to $550 million in 2003, 10% more than last year, according to Peter Simon, president of ABB Romania, one of the leading co...
$20m glass and ceramics holding
Bistrita-based glass company Art Glas Concept acquired a company from the same field, Cristiro, under a transaction estimated at almost one million dollars.The main shareholder of Art Glas i...
Marks and Spencer lanseaza carti de credit
Marks and Spencer, retailerul britanic de imbracaminte si produse alimentare, a anuntat saptamana trecuta ca a obtinut un credit sindicalizat pe trei ani in valoare de 1,25 miliarde de lire...
Fiercer competition and bigger investments push banking profits down
"In the years to come, inflation will drop and profit margins will shrink so that, unless volumes increase, the banks' earnings will be endangered." This statement belongs to National Bank o...