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Cafea Fortuna holds over 15% of market
Cafea Fortuna, the only Romanian company among the top 4-5 players on the coffee market, has built a brand new plant, with investments worth 8m euros. According to Dan Lazarescu, general man...
7 banks account for only 9% of mandatory pension market
Two months after the start of the campaign to sell pensions, the seven mandatory private pension fund management companies (pillar II) established by banks total just 9.2% of the number of c...
Hypermarket expansion most dynamic on the market
Modern retail has expanded to over 340 units within the past year, whist hypermarkets and discount stores boasted the most dynamic growth in the wake of investments worth almost half of bill...
Baxi: New buildings keep heating systems market afloat
The market of heating systems will see a decline in the demand for apartment heating systems, and a rise in the demand of equipment for new buildings, given the development of the residentia...
Timisoara hospitality market becomes crowded
In anticipation of five-star hotels, Timisoara is becoming an increasingly attractive destination for the big hotel chains, as well as for large projects started by private investors. Any im...
Emperia Holding plans to enter Romanian market
Emperia Holding, one of Poland's largest retailers, which posted business worth over 600 million euros in the first half of the year, intends to enter the Romanian market of consumer goods r...
Hypermarkets double market share
Hypermarkets attained a 13% market share in the first half of the year, compared with 6% in the same time of 2006, shows a survey by market research company GfK. As for supermarkets, they ga...
Northeastern residential market, second after Bucharest
Romania's Northeast region boasted the best dynamics on the housing segment in the first half of this year after Bucharest, with a 42% increase against the same period last year, and outpace...
Automotive market speeds towards 350,000 units this year
The market of new vehicles is expected to hit the 350,000-unit mark this year, up approximately 18% on last year following an accelerated renewal of cars and an increase in the level of impo...