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Romanians spend 50m euros on Christmas travel packages
Over Christmas and New Year around 160 million Romanians took holidays away from home and spent over 50 million euros. "Around 40,000 Romanians chose to travel abroad, up 25% against the sam...
Foreign tourists spend less in Romania
However, at the same time, Romanians spent a record sum of 311m euros over the three summer months on holidays abroad, up 7% against the same period last year, so what is the explanation for...
Tnuva to spend several million euros on promoting Yoplait yoghurt
Tnuva Romania dairy producer, which has built a plant in Popesti-Leordeni near Bucharest, will invest several million euros in an integrated communication campaign dedicated to the Yoplait y...
Romanians spend increasingly less money on food
The weight of food expenditures in Romanians' monthly budgets has been dwindling over the past 5-6 years, from 45% to less than 39%. In 2001, Romanians spent 45% of their monthly income on f...
Czechs at Hame have more 5m euros to spend for new acquisition
Canned foods producer Hame Romania, one of the leading players on the domestic market, which holds a production facility in Caracal, has stated an interested in acquiring another market play...
Romanian oil companies spend 44m euros on image
Oil companies operating on the domestic market last year spent 10 times more than Slovakian companies on their corporate image and almost six times more than Hungarian ones. Petrom, the bigg...
Immoeast to spend 1.5bn euros in Romania
Immoeast, the most active investment fund in Romania, will invest 1.5 billion euros on the Romanian real estate market within the next two years. "The volume of Immoeast investments in Roman...
Nokia to spend 200m euros on Cluj-based plant
Nokia intends to invest 200 million euros in a mobile telephone factory and a research centre in Cluj. The final discussion between representatives of the County Council and those of the Fin...
Pet owners spend 40m euros a year on pet food
The market of dog and cat food will exceed 40 million euros this year, up by around 5% against last year's figures, according to Euromonitor estimates. The over 15% growth rate of dog and ca...