by
612 articole · RSS
Euro reverts to 2002 level pressured by foreign speculators
The euro fell to its lowest level in Bucharest yesterday since December 2002, after both local and foreign stock market players placed aggressive "buy" orders for RON on the stock market. Th...
Austrian Airlines increases market share by 2%
Airline operator Austrian Airlines increased its market share by 2% last year, to an 8% share of the local air transportation market of regular flights. "We hold 8% of the BSP market," said...
FDI could drop by 2bn euros, but still remain significant
Foreign direct investment (FDI) will amount to at least 7 billion euros this year, down by approximately 2 billion euros against last year's figures, according to Florin Vasilache, general s...
Domestic economy up by 7.7% last year
The domestic economy grew by 7.7% last year, compared with a previous estimate of 8% and with a growth of 4.1% registered in 2005, according to data published by the National Institute of St...
E-tickets to cut airline costs by 25m euros
Romanian regular airlines will cut down their costs by over 25 million euros this year if they switch from paper to electronic tickets, considering the estimated traffic flow of 3.8 million...
Fornetti network expands by 200 stores
Pastry producer Fornetti, the biggest franchise network in Romania, estimates a 26.5 million-euro turnover this year, up by around 16% against 2006, considering its plans for 2007 include th...
Gallaher sales up by over 30% on the local market
British company Gallaher, one of the world leaders in the tobacco industry, last year saw a 30.2% increase in the volume of sales on the Romanian market, pushing its market share up to 3.4%,...
The French at Renault to commute by aeroplane
The over 100 French engineers that Renault will bring to work at the Titu-based research centre, could begin commuting daily by plane from Paris to Titu. The decision to use commuting is sim...
Roexpres to be taken over by Austrian investor
Domestic courier company Roexpres has received an acquisition offer from an Austrian company, with the transaction likely to be completed towards the middle of the year. "We received several...