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Persepolis separated from Antrefrig
The Iraqi owners of the group of firms Antrefrig last month decided to separate the five-star hotel operated on the Capital market, following the break-up project of the Antrefrig business....
Marriott shareholders borrow 111m euros from Erste to pay debts
The shareholders of the company that owns the biggest hotel in Romania, JW Marriott in Bucharest, want to take out a 111.2 million euro loan from Erste Austria, the new owner of Banca Comerc...
Club Air, from charters to regular flights
Italian air operator Club Air this year has started operating 42 regular weekly flights, after the liberalisation of air traffic between Romania and Italy. The strategy change will bolster a...
Sobis turns from IT to hotels
The management of Sobis in Sibiu, specialising in developing and implementing Lotus Notes applications, communication networks and systems, decided to expand the company''s field of activity...
Marriott makes 17m euros from food and events
Restaurants and events last year accounted for 40% of the business in the five-star JW Marriott. The hotel''s turnover for 2005 was estimated at 42 million euros. Revenue from the restaurant...
Altex: 29 million euros from production of computers
Complet Electro Serv. (CES), the IT production division of Altex, the biggest local electronics and home appliances retailer, will estimates to post 29 million euros in turnover this year, 6...
WindJet to fly to and from Romania as of April
The Italian airline WindJet, specialising in low-cost flights, will launch Forli-Bucharest flights as of April, when the summer schedule starts, with passengers from Romania having the possi...
Biodiesel to grow from 0 to 85m euros
Biodiesel, or "green oil", is a fuel that is not available on the Romanian market yet, although millions of cars fill up from biodiesel stations in many other countries. Portuguese company M...
Agip buys petrol stations from private owners
Agip Romania, the local branch of the Italian petroleum giant Eni, will open another two petrol stations in the capital in the next period. The Italians acquired both petrol stations from pr...