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Marr Group to invest 70m euros in housing
The prices for plots of land in the Capital, especially in central areas, are the most expensive in the region, according to Marat Safin, president of the Marr group, which is developing the...
Legal services market to grow after accession
Economic activity, as well as the demand for legal services, will increase after Romania's accession to the European Union, which will lead to a fast pace of growth of the legal services mar...
Transavia tries to eat into importers' market share
Businessman Ioan Popa, the majority shareholder and general manager of poultry producer Transavia Alba-Iulia, says one of the sources of growth of this business would be to seize the market...
Romanian builders need to make massive investments
Romanian construction firms need to carry out massive investments in order to be able to compete with powerful foreign firms that have entered the domestic market, say players in this indust...
Furniture production goes up 5% to 317m euros in Q1
Furniture production in the first quarter of this year advanced slightly to 317 million euros, rising from the 301.2 million euros registered in the similar period of last year, amid rising...
KFC and Pizza Hut expand to the provinces
The KFC and Pizza Hut chains will expand by another four units (two KFC restaurants and two Pizza Hut restaurants) to the provinces by the end of the year, Carmen Lupulet, marketing manager...
Cotroceni Park to invest 165m euros
Africa-Israel Europe and New Century Holding (NCH) will invest some 165 million euros in a real estate project, developed on a 120,000 square metre plot of land in the Timisoara Blvd area in...
Centro coffee shop chain to double by yearend
The Centro coffee shop chain is planning to expand by four more locations this year, two of which are outside Bucharest, Tinu Sebesanu, general manager of Trend Hospitality, a company part o...
Nestle poised to boost exports of Timisoara plant
The general manager of the Romanian branch of Nestle group, Paul Nuber, says the competitive edge of Romania in terms of low production costs, allows the company to remain competitive on bot...