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Local builders, most profitable last year
Tehnologica Radion, Delta ACM 93, Euro Construct Trading '98 and Eurovia Construct International, held by local businesspeople, became the most profitable constructors last year, due to the infrastructure rehabilitation and modernisation works conducted in Buc...
Orange in talks to take over Euro-GSM, last locally-held major GSM retailer
Cluj-based businesspeople Silvia and Zsolt Fodor could relinquish control of the last big player in GSM retail, in order to focus on real estate (a five-star hotel and a housing & commercial...
Charlemagne: more opportunities now, after land was overvalued last year
Charlemagne, which sold three office buildings in Bucharest for 110 million euros last year, is in talks to become involved in three more projects, after a period during which the British co...
Wizz Air: Six-month results are close to last year's
Hungarian airline Wizz Air transported 370,000 passengers in the first six months of this year on flights to and from Romania, close to last year's level of 415,500 passengers. The company's...
In four months, bankers make half of last year's profit
Banks have continued their race to derive an annual profit worth one billion euros, after they derived almost half last year's overall net profit, worth around 825 million euros, four months...
Colliers: Old apartments in Bucharest 4.4% cheaper last month
The average price of old apartments in Bucharest fell by 4.4% in May compared with April, from 1,892 euros/square metre to 1,808 euros/square metre, according to Colliers International's rea...
Consultancy was last year's best-paid job in Bucharest
The highest income earned in Bucharest last year was derived by someone working in business and management consulting. The record salary - 2.47 million RON (about 743,000 euros), was registe...
Stock Exchange recovers 2.3bn euros in the last month
The Stock Exchange recorded its best performance so far in May, after the BET index (which reflects the performance of the 10 most liquid shares) gained 11%, while the SIFs (financial invest...
Altria Capital: No buyer pays last year's multiples any more
The mergers and acquisitions market will be less dynamic this year, with the number of deals, as well as the value of assets, already falling, while last year proved the most dynamic from th...