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Notaries: Real estate deals down by 5% in June
The number of deals on the domestic real estate market has gone down over the last two months, by as much as 5% in June, compared with the same time last year, according to the data the Nati...
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...
Eckerle expects 10m-euro turnover by 2011
The Romanian subsidiaries of the German-based Eckerle-Gruppe, Eckerle Automotive and Eckerle Industrie, posted overall turnover worth more than 4 million euros in the first half of this year...
Farmec Cluj increases profit by 36% to 1.5m euros
Farmec Cluj, the biggest Romanian-held cosmetics producer posted 1.5 million euros in gross profit in the first half of this year, an increase of 36% against the same time last year, when it...
Finance Ministry targets more money by curbing evasion
Economy and Finance Ministry intends to introduce new legislative measures on collection of excise duties and VAT and intensify control to fight tax evasion in order to boost budget revenues...
Altex revises estimated turnover down by 30m euros
Altex, the largest electronics and home appliances retailer on the local market, has downwardly revised its estimates for this year's turnover to 400 million euros, after, at the beginning o...
BAT targets 50% market share by 2010
British American Tobacco (BAT), one of the three largest players on the domestic tobacco market, targets a 50% market share by 2010, against a current market share of 42.5%, company data rev...
Dacia expects Sandero to take sales up by at least 13%
One month after its launch, Sandero, the latest Dacia model, has become the driving force behind Automobile Dacia's sales growth, which are estimated to go up by more than 13% worldwide this...
MyAir: flights to Italy boost traffic by 20%
Italian low cost airline MyAir, one of the top three operators on the local market, transported 180,000 passengers to and from Romania in the first half of the year, 20% more than the same t...