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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...
Office furniture market could reach 100m euros by 2011
The most dynamic segment of the furniture market, office furniture, exceeded the 80 million-euro mark in 2007. The 15% increase will maintain this year, as well, according to estimates of pl...
GFR could overshoot 100m-euro turnover mark
Grup Feroviar Roman (GFR), the largest privately-held railway freight transporter in Romania, controlled by businessman Gruia Stoica, saw an around 30% turnover increase in the first three m...
Transition is over: IMF could close office in Bucharest
IMF, the "bogeyman" of Romanian governments since 1990, might close its Bucharest office, as part of a restructuring process whereby the international financial institution attempts to curb...
ING RED could develop mixed real estate project
ING Real Estate Development (ING RED), known in Europe for its over 1 billion-euro area development projects, could start the construction of an extensive real estate project in the centre o...
Anchor Grup: We could use a strategic partner
Ibrahim Paksoy, CEO of Anchor Plaza, says he has lost track of the number of investors who have shown an interest in the company's Romanian projects. The two shopping centres Bucuresti Mall...
Rompetrol: Dyneff could reach 6bn-dollar turnover in 3-5 years
Rompetrol, the petroleum group run by businessman Dinu Patriciu, could double turnover on the French market through Dyneff, France's largest independent petroleum operator, which the company...
Erste: Romania could be the first market in the region to recover
The shares of the main companies on the Stock Exchange saw increases of up to 5% yesterday amid high traded volumes, after the market showed signs of a revival as early as last week. The SIF...
Sandoz could relocate re-analysis centre to Romania
Swiss group Sandoz, the second-largest player on the global market of generic drugs, is considering relocating its drug re-analysis centre from Germany, with the possible destinations includ...