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SIFs see modest increase in profit
All the SIFs (Financial Investment Companies) that have so far presented the financial results for April have seen an increase in profit over the course of last month, but gains have been mo...
OMV stations see net income down 15%
OMV''s petrol stations network in Romania last year registered net income worth 7.2 million euros, down 15% compared with 2004. Turnover logged by the company reached a level of 345 million...
BA-CA analysts see slower growth
The latest study conducted by experts of Bank Austria Creditanstalt (BA-CA) says that Romania''s economic situation is less rosy as seen from the outside than in official data from Bucharest...
Otopeni Airport to see 500m-euro investments by 2020
The Henri Coanda International Airport (formerly Otopeni) has announced a 500 million euro investment, 450 million euros of which will be spent on the strategic long-term development plan, t...
Direct sales firms to see strong expansion after EU integration
The direct sales system (Multi Level Marketing), almost unheard of in Romania until several years ago, will gain solid ground once international companies endorsing this system enter the Rom...
Bucharest to see massive investments in malls
The mall projects planned for the next three years will completely change the face of Bucharest and the shoppers'' habits. The amount of commercial space in the city will triple, as a result...
Analysts see 0.7% inflation for January
According to a poll conducted by Reuters among nine analysts, the rise in consumer prices could stand at 0.7% in January, and at 8.7% compared with the same month last year, meaning that the...
Carlsberg to see 20% growth this year
United Romanian Bereprod Breweries (URBB), producing the Tuborg and Carlsberg brands under licence on the Romanian market, predicts Carlsberg sales will soar 20% this year on the domestic ma...
Buchares Stock Exchange stocks see new all-time highs
The Bucharest Stock Exchange witnessed a new strong growth due to heavy pressure on buying, with the most liquid stocks going up as much as 3% or 4%. Yesterday''s growth took the main indice...