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Last five years' history on BSE: significant first-day increases
The first session of the Stock Exchange has usually ended with an average 4.3% increase of the BET index and of 7.1% for BET-FI index over the last five years. Brokers expect the Bucharest S...
Carpatair: We will focus on domestic flights
Airline operator Carpatair, led by businessman Nicolae Petrov, will focus more on domestic flights next year, by introducing new routes, as well as by doubling the frequency of some of the c...
Transgaz rights generate 5% average yield on first trading day
The allotment rights of Transgaz Medias (TGNR01) traded for an average price of 301.5 RON on the first day, 57% higher than the sale price of the shares during the offering, 191.92 RON. Cons...
Rin Grand Hotel counts on 17m-euro turnover
Rin Grand Hotel of Bucharest, an investment by Ionut and Robert Negoita brothers, is likely to reach an estimated turnover of 17-18m euros amid an occupancy rate expected to revolve around 4...
Frenzied production relocation felt on home appliances market
Hans Straberg, CEO of Electrolux group says Romania is still an attractive location for a future plant, as the Swedish group has already opened 9 plants in countries viewed as low-cost produ...
170m-euro deals on food & beverages market
How much does entrance onto the Romanian market cost global food & beverage giants? The answer is at least 100 million euros, according to the value of deals carried out over the past 2 year...
Biborteni anticipates 30% increase on juice market
The producer of Biborteni mineral water expects the soft drinks market to witness growth by approximately 30 percent this year compared with last year, with the high summer season temperatur...
Fiat counts on Romania and Poland for Fiorino's CEE sales
Italy-based Fiat will launch onto the Romanian market around 500 units of the new Fiorino model, a commercial vehicle that weighs less than 3 tonnes, which was launched mid last week. "Under...
Gucci set to launch on Calea Victoriei
It's official, the Gucci brand will enter the Romanian market in 2008. Two stores are scheduled to open next year via a company (rather than a franchise) with 40% of shares held by Gucci Gro...