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Air France to focus on electronic services
Rodolphe Lenoir, Air France general manager, says that as of this year, the French airline will focus on electronic services, after having introduced the fifth daily flight on Bucharest-Pari...
Funds investing on BSE return to profit in April
Mutual funds with placements in equity reverted back to deriving positive yields in April, after their performances had been hit in March by corrections on the Stock Exchange. With few excep...
ON THE MOOVE
La Fourmi Alexandros Tzitzilonis, director general Alexandros Tzitzilonis este noul director general al retailerului La Fourmi, dupa ce Hans Vogels, olandezul care a condus in ultimii ani pr...
Dutch investors bet on environment, infrastructure and energy
"The sectors I estimate will see stepped up activity on the part of Dutch investors after Romania joins the European Union are environment, infrastructure and energy," states Marjolyn Van De...
Roche banks on partnerships with local producers
The general manager of Roche Romania, Dan Zamonea, says he does not intend to challenge the leaders domestic pharmaceutical market, instead preferring to keep a low profile. The company, the...
Net outflows by non-residents on capital market reach record high in March
Foreigners withdrew 30 million euros more in March than they put into accounts opened with brokers, so that net capital outflows reached a new record high. Capital inflows from non-residents...
Ardaf spends 1m euros on advertising
The insurance company Ardaf Cluj will invest one million euros in promoting its products this year. "We have an advertising budget of one million euros. Most of the money will be used for ad...
3bn-euro profit on paper for Petrom''s owner
Austrian petroleum group OMV is making a 3 billion-euro profit on paper from the takeover of the biggest Romanian company, Petrom, less than two years ago. The Austrians will collect their f...
Foreign money takes traded volume on forex market to record high in March
Foreigners'' money boosted the volume of transactions on the interbank forex market to a record 14.3 billion euros in March, an increase of more than 6 billion euros compared with the monthl...