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Arcelor Mittal Construction: Sales slowdown since April
Arcelor Mittal Construction Romania (AMC Romania), the construction supplies manufacturing division of Arcelor Mittal Group has been witnessing the slowdown of its turnover growth rate since the second quarter, due to the financial blockage felt at a macroecon...
Major food retailers, 10% expansion since start of the year
Hypermarkets were outrun by discounters in terms of the expansion pace registered in the first half of this year. Hypermarkets, which last year posted a 72.5% advance in the number of stores...
Savings slowdown since start of the year
The Romanian currency has become even less appealing for deposits despite NBR's efforts to tighten its monetary policy since autumn in order to encourage savings. In addition, foreign curren...
Bucharest flat prices stagnating since January
The rise in the price per square metre of the flats in Bucharest has slowed down, after it registered just a 1% increase between January and March, to 2,050 euros/square metre, reveals a sur...
Foreign investments up eight times since NATO accession
Romania has attracted eight times higher foreign investments since becoming a NATO member, compared with the period before accession. In the five years since it joined NATO, Romania has attr...
Dacia starts hiring after 11,000 layoffs since privatisation
Automobile Dacia, the Romanian carmaker with turnover forecast above 2bn euros this year, will recruit 600 individuals by the end of next year, with the majority of the new employees to be i...
200 "floatations" on RASDAQ since the beginning of the year
Over the past year, investors on the Stock Exchange have discovered more than 200 companies listed on the RASDAQ, which, due to a rise in liquidity, are now subject to the trading norms of t...
Leonardo, 85% turnover growth since start of the year
Leonardo, an international footwear retailer headquartered in Oradea, in the first six months of this year generated turnover worth above 54.6 million euros (184m RON), up 85% against the sa...
Private equity boom, visible in Romania since 2004
Private equity funds are currently looking at companies with a market value of between 5 and 30 million euros, because the number of large companies (valued above 100 million euros) that are...