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Fast courier service market to reach 140m euros
The courier market is still underdeveloped and offers many growth opportunities, stated Adrian Mihai, general manager of Fan Courier Express, during the "How to make more profit" seminar org...
Appetite for exercise set to double by 2010
The market of sportswear, nutritional supplements and the number of sport clubs will double by 2010, as Romanians will be willing to spend increasingly more money for a healthy life. "We est...
Romstal Leasing plans to attract strategic or financial investor
Romstal Leasing, the biggest independent leasing company, now that Motoractive has been bought by GE Money, plans to attract a strategic or financial investor, in a bid to profit from the bu...
Refinery takes Lukoil revenues to over one billion euros
Lukoil (Russia), one of the world's largest petroleum companies, has overshot the one billion-euro mark in Romania, eight years from its entry on this market. The business of the Russian gia...
Saint-Gobain brings 5m-euro capital to Ploiesti
Saint-Gobain Isover Romania, a company owned by the French construction materials giant Saint-Gobain, increased its share capital by 5 million euros, to 12.6 million euros (calculated at an...
Astra Asigurari wants to leave RASDAQ
Astra Asigurari (Astra Insurance), the third largest company on the market, could be de-listed from the RASDAQ market of the Bucharest Stock Exchange, as there are "strong arguments" to supp...
Siemens to continue investing heavily in Romania
The German industrial group Siemens, which presented its major development avenues for the next decade in Berlin, this week, will continue to invest heavily in Romania. "We are very happy wi...
Budget deficit target to go up to 2.5% of GDP
Finance minister Sebastian Vladescu confirmed on Wednesday at the Government headquarters that the budget deficit target for this year would be increased from 0.9% set after the April adjust...
Luxury homes try to become smart
The latest fashion among businessmen in Romania is to invest over 100,000 euros in state-of-the-art IT systems that control security, utility and home entertainment systems. This is the conc...