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Treichl would like Erste stock at 120 euros
Erste Bank (EBS) shares began trading on the Bucharest Stock Exchange (BSE) at 141.9 RON yesterday, up 2% against the reference price of 139.1 RON set by the BSE, based on the preceding day'...
Romanians still like to have their coffee at home
Coffee outlets, hotels and restaurants are still a long way off becoming the preferred places for coffee drinkers with Romanian consumers continuing to prepare their own coffee at home, reve...
Gaz Sud: We needed a strong investment fund like PPF
The deal by which PPF Investments took over 100% in Gaz Sud will be followed by further acquisitions. The Czech investment fund's goal is to create a solid base on the Romanian market, built...
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...
Consumers like hypermarkets better than supermarkets
Hypermarkets are currently the main food shopping outlets for around 18% of domestic consumers, a share that increased from 11% in early 2006. Hypermarkets have left supermarkets behind in R...
Auto show? More like a car fair!
It is more like a car fair rather than an auto show. This is how the Bucharest International Auto Show (SIAB), which ended last week, could be best described. There were less than 200,000 vi...
Romanians like their furniture modern and simple
While Romanians demand a modern design furniture, with fewer adornments, the major Western European markets, as well as the US and Japan see classic and art models in high demand, a trend ca...
French Ambassador: Joining EU is not like going to Heaven
"There is a clear distinction between a formal integration and a successful integration in the European Union. Romania is said to join the EU in 2007, but this is not the end of the story. I...
What Hollanders like and dislike in Romania
Netherlands is the largest direct investor in Romania, with over one billion dollars in investment volume, that is 15% of the $6.8bn in foreign investments made by May this year. The number...