continues
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Price of flats in Bucharest continues to fall
The prices of flats in Bucharest fell by 5% from January through to July this year, as a result of the reduction of prices especially over the last two months, the ZF index reveals. The price a of three-room flat in the capital, built between 1980 and 1990, we...
Mobexpert continues exports to be able to monitor Western trends
Mobexpert group, owned by businessman Dan Sucu, is set to invest 8m euros this year when it adds 4 new large stores to its national network, after last year it opened just one store in Sofia...
Constructions boom continues unhindered
The constructions market is going to advance by around 20-30% this year, to around 12-13bn euros, without being hindered by the bad weather registered at the start of the year. Construction...
Huge real estate funding continues
Africa Israel has received funding that covers around 80% of development at Bucharest's Cotroceni Park mall. Real estate developer Africa Israel, which announced investments worth around one...
Leumi continues to bet on retail customers
In Israel, Leumi is one of the biggest groups, but on the Romanian market it chose to acquire a small bank. Now, the Israeli bank is injecting large amounts of money in its domestic subsidia...
ING continues to bank on its own formula
ING Bank Romania's revenues are constantly increasing; profit, however, might halve in 2007 compared with last year's figure due to the bank's intended investments. The investments could out...
Construction continues explosive growth, retail slows down
The construction market continued its record growth in March, adding 32.7% since March 2006, that is the fastest pace of the last 17 years, according to the data revealed by the National Sta...
Ramada continues to develop
Tinu Sebesanu, CEO with Trend Hospitality, the strategic partner for the development of Wyndham US hotel chain, which owns the Ramada and Howard Johnson brands, says the company's investment...
Moda Arad continues to rely on exports
Arad-based Moda, a local producer of women's off-the-peg clothing, estimates a turnover worth 4.2 million euros this year, up by over 5% against 2006. "The factors we are relying upon are in...