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Only 3% growth for Marriott this year
Bucharest-based Grand Hotel Marriott's turnover did not budge in the first half, so that it expects to see no more than 3% growth for the entire year compared to 15% higher sales last year....
Only 3% growth for Marriott this year
Bucharest-based Grand Hotel Marriott's turnover did not budge in the first half, so that it expects to see no more than 3% growth for the entire year compared to 15% higher sales last year....
RIC left with Compa and BTR only
One of the leading foreign investment funds on the Romanian market will cease its operations in late November this year. It is about Romanian Investment Company (RIC) established in 1997 in...
Power from domestic output only
Power consumption on the Romanian market will be secured from the domestic production capacities only, without resorting to energy imports, according to the Romanian Economy and Trade minist...
Petrom privatisation: Billionaires only
Romanian companies are practically banned from the privatisation negotiations for SNP (National Oil Company) Petrom, as the company's privatisation notice stipulates the bidders' should have...
Brau Union Romania restructuring, only just beginning?
The closedown of the Reghin-based brewery might be just the beginning of a more dramatic restructuring programme aimed at the operations developed by Austrian group Brau Union in Romania. Ma...
Business environment improvement only on paper
Regardless of the Government's plan to improve the business environment, the conditions in Romania remain the least attractive for investors as compared to the other European Union applicant...
Agriculture profit only comes with large farms
Is it still possible to make profit from farming? Yes. But only if the farm is large enough to benefit from additional support from the State, which has decided to start an extensive campaig...
Floatation of major companies only under consideration
It has been two years since a major state-run company was last listed on the Bucharest Stock Exchange (BSE), yet Prime Minister Adrian Nastase says floatation of "strong" companies is being...