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Strabag: Negotiations for 220m-euro plant to be completed in a few months' time
Austrian group Strabag, with annual turnover worth 10 billion euros, will in a few months, finalise negotiations with the local authorities for the construction of a 220 million-euro cement plant in the town of Anina, Caras-Severin county. The production facil...
2008 will be the first difficult year for real estate consultants
The top five real estate consultancy companies in terms of turnover posted an over 26% profit margin last year, while turnover doubled (49 million euros in revenues). However, the growth rat...
JLL: 2007's deal volume could be matched this year
The volume of real estate transactions recorded last year, worth almost 2 billion euros, could be equalled this year, since many ongoing transactions could be completed by the end of 2008, a...
Finance minister: Romania could be a top 10 EU economic power by 2020
The Romanian economy saw an 8.6% rise in the first half of the year, because of a good agricultural year, and if the GDP growth rate and the investment dynamics are preserved, Romania could...
Arabesque: Real estate turmoil will be felt next year
Arabesque, the largest distributor of construction materials on the local market, with annual turnover worth 450 million euros, expects the constructions materials market to slowdown in 2009...
Fire extinguishers for Rolls Royce and Jaguar to be manufactured in Dej
Belgian-based Delta Extinctors, a manufacturer of fire extinguishers for cars, intends to invest 2 million euros in building a plant in privately held industrial park Arc Parc in Dej, Cluj c...
Tiriac JR wants "Stejarii" to be the most coveted luxury residential complex
Stejarii is being promoted by its owners as the ultimate luxury residential complex in Romania from every perspective: location, architecture, services, and buyers. The project is developed...
Celco: Romanians don't want to be bought by Romanians
Nicolae Dusu, chairman of Celco Constanta, the biggest Romanian-held company on the aircrete market says that he has been probing the market in search of potential acquisition targets but "R...
Each Romanian will be able to calculate his or her "own" inflation
The National Statistics Institute (INS) intends to enable Romanians to calculate their own consumer price index based on the prices paid and on each individual's spending structure, with the...