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PC market sees 30% surge
The Romanian market of personal computers posted 30.2% growth in the last quarter of 2003 as compared with the October-December period in 2002, considering the number of units sold. Also, th...
Baxi wants 25% of domestic boiler and heater market
European Baxi Group, one of the world's leading makers of thermal comfort products, has established Baxi Romania SA. The representatives of the group say Baxi is the first international comp...
20% growth for telecom market
The telecommunications market in Romania could witness 15-20% growth to $2.5bn this year, after the overall turnover of the companies in this industry reached $2.2bn in 2003, telecom analyst...
Cement market wondering about importers
The cement market in Romania is in turmoil again, induced by the release of an order of the Finance minister late last year that grants VAT exemption for imports of bitumen, cement, concrete...
Eximtur enters Bucharest market
Eximtur Cluj, one of Romania's main tour-operators, posted turnover worth more than 10m euros last year, up 18% from 2002 (when it logged 8.5m euros). The company's officials expect a simila...
Thermopane glass market climbs to 480m euros
The sales of thermo-insulating glass saw the highest growth rate of the last few years, about 20%, in 2003, amounting to approximately 480 million euros, preliminary estimates show. Consumer...
BRD market value soars to more than $1bn on Bucharest Stock Exchange
The market value of BRD (Romanian Development Bank) - Groupe Société Générale, Romania's second-largest bank in terms of banking assets, yesterday exceeded the one billion-dollar landmark on...
Suspension wave on mutual fund market
Mutual funds that failed to attract 70,000 euro investments or 500 investors and fund management companies whose share capital is not worth at least 35,000 euros. That is what the National S...
Foreign contractors invade Romanian constructions market
The Romanian constructions market continued to grow last year, with the first estimates pointing to an approximate value of 6 billion dollars in 2003, but the traditional market leaders - Hi...