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RAEF: Romania has become a buyers' country
"I think this is a positive thing, because the acquisitions market had become overheated, which translated into the excessive and unsustainable increase in both real estate prices as well as stock and company prices (...)," Manda told ZF in an interview
Loans in Swiss francs could become more tempting
Loans in Swiss francs could become more attractive considering that the franc could strengthen to 1.58 francs against the euro in December, from 1.6211 francs at present, according to an exc...
Three-room flats in Bucharest become increasingly harder to sell
The average price of old flats in Bucharest fell 12% on the average in the second quarter of the year, due to the lack of interest in such homes, reveals an analysis by magazinuldecase.ro we...
Holcim set to become largest cement producer
Holcim Romania, the local subsidiary of Swiss group Holcim, targets a production capacity of around 6.4 million tonnes of cement by yearend, up 30% on last year, after the company modernised...
Isarescu: Forging salary certificates has become an industry in some counties
The amount of credits granted based on fake salary certificates is starting to worry even Mugur Isarescu (photo centre), Governor of the NBR (National Bank of Romania), after several commerc...
Nestor: Investments will become much healthier
Ion Nestor, managing partner of Nestor Nestor Diculescu Kingston Petersen (NNDKP) law firm, believes the economic situation abroad will not stand in the way of Romanian market development, w...
Holidays abroad could become 10% more expensive in the coming years
Romanians who holiday abroad could pay at least 10% more in the coming years for holiday packages, due to an increase in fuel prices, and consequently air travel costs. "This year, travel ag...
Two Cargo Partner managers become shareholders of IB Cargo
Cargo Partner managers Kees Cramer and Catalin Putineanu are leaving to become managing partners with a German-Dutch joint venture - I. B. Cargo, which is also involved in transport and logi...
IMF: Romania has become prisoner of foreign context
The increase in the cost of foreign loans, which can already be seen, the restricted access of local banks to financing from abroad and the slowdown of the economies of the main trade partne...