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Immoeast: Real estate growth to last for at least a decade
Edgar Rosenmayr, an investment officer with Immoeast, the most dynamic player on the domestic real estate market, says the Austrian group is focusing on the Bucharest market, on the office b...
Last place in Europe in terms of malls per capita
Romania is the country with the fewest malls per capita, with some 20 square metres for every 1,000 inhabitants, shows a study conducted on 18 European markets by real estate consulting comp...
Ranbaxy Laboratories, up 50% in Q1, like last year
Indian drug maker Ranbaxy Laboratories in the first quarter of this year derived sales worth 37 million dollars (28.3 million euros) on the Romanian market, 50% more than in the similar peri...
Leasing market up 62% last year
The leasing market, in terms of the value of assets financed reached 3.26 billion euros last year, an increase of 62% on the 2.01 billion euros registered in 2005, according to the data of t...
First drop in retail over the last 4 years
In February, retail sales saw their first drop in the last four years, particularly on the segment of food products, according to data published by the National Statistics Institute on Tuesd...
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...
Government reports expenses worth 6bn euros for last December
According to data published by the Finance Ministry yesterday, the general consolidated budget closed last year with a deficit amounting to 1.68% of the GDP (1.6 billion euros), as a result...
Modern retailers set foot in the last untapped county
The international retail chains opened 80 stores in the last ten months, taking the number of modern commerce formats to more than 260, and conquered the last untapped Romanian county, Neamt...
Transavia hopes to see profit similar to last year's
Transavia hopes to see profit similar to last year's