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Wizz Air: Six-month results are close to last year's
Hungarian airline Wizz Air transported 370,000 passengers in the first six months of this year on flights to and from Romania, close to last year's level of 415,500 passengers. The company's...
Each Romanian will be able to calculate his or her "own" inflation
The National Statistics Institute (INS) intends to enable Romanians to calculate their own consumer price index based on the prices paid and on each individual's spending structure, with the...
Romania's trade deficit expected to stabilise
Kazakhstan this year climbed onto the 3rd position among the countries Romania registered a trade deficit with, a situation generated by the imports of crude oil worth almost 600m euros thro...
ECB rate hike to boost borrowing costs
Analysts anticipate ECB's decision to raise its benchmark rate by a quarter of a percentage point to 4.25% per annum will drive financing costs up, at least by a similar amount, but the time...
Ioan Ciolan, Ambient: We need 300 million euros to expand
Construction supplies distributor Ambient, controlled by businessman Ioan Ciolan could raise approximately 300 million euros from banks to finance the expansion of the store chain, which cur...
Paskany brings Sheraton luxury hotel to Cluj
American hotel chain Starwood Hotels and Resorts is in advanced negotiations to open the its first hotel in Romania in Cluj, within the Sigma Tower project, started by Cluj businessman Arpad...
Agras, added bonus to Uniqa's acquisition of Unita
Agras, an agricultural insurance company, which transferred its portfolio to Omniasig in May, will be taken over by Austrian group Uniqa. Uniqa recently took over Unita, the majority shareho...
Dacia Sandero set to sell 13,000 units locally in 2008
Dacia Sandero, the fifth model released by the local Automobile Dacia manufacturer and built on the Logan platform, is expected to account for over 20% of Dacia sales in Romania in the secon...
Egger to double chipboard production at Radauti plant
Egger Romania, which manufactures wood-based materials, announced its intention to double its share of the melamine-faced chipboard market in Romania, from 20% to 40%, before its Radauti-bas...