market
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Daimler officials investigate Romanian market
A delegation from the German group Daimler has scheduled a meeting with a team of BCR (Romanian Commercial Bank) analysts tomorrow, in order to find out more about Romania's macroeconomic cl...
Petroleum market to reach 6.8bn euros this year
Petroleum product consumption is set to rise by around 7% this year against 2007 on rising car fleet and expansion plans announced by the main players. Translated into money, the difference...
Intercontinental: Economic crisis would hurt 5-star hotel market
Business travel, the prime growth driver of Bucharest's 5-star hotel market, could be at risk given the threat of a sizeable financial crisis to the corporate segment. "For now, we remain un...
ButanGas seeks acquisition on LPG market
ButanGas Romania, one of the leading players on the local LPG (liquefied petroleum gas) market, controlled by businessman Iosif Constantin Dragan, has budgeted investments worth 15.5 million...
Tengelmann brings Obi onto the market
German group Tengelmann, which operates the Plus Discount stores, has announced its entry onto the Romanian market this year through DIY network Obi, and targets a 20-store network in the me...
NBR blamed for not preparing the market for RON depreciation shock
The National Bank did not prepare the market for the shock caused by the unavoidable depreciation of the RON and is wrong to "point the finger" at the "cruel speculators" Misu Negritoiu, chi...
Ursus expects market growth rate to slow down
Stefan Maria Weber, the new chairman of Ursus Breweries, the producer of Ursus and Timisoreana beer brands, says he is impressed with the domestic beer market's growth rate over the past two...
Radisson SAS aims to lead the 5-star market
Tjorborn Bodin, general manager of what is set to become Bucharest's largest five-star hotel when it opens in April this year, wants Radisson SAS to become the leader of the capital's hotel...
Bucharest's modern retail market still unsaturated
Bucharest's food retail market is still a long way off becoming saturated, as indicated by the level of coverage from major networks, which opened one store per 25,600 inhabitants. On a nati...