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British Airways considers introducing new flight to Transylvania
British Airways is looking at the possibility of introducing Transylvania as a destination from the UK, after the airline operator doubled its number of weekly flights from Bucharest to Lond...
Kronospan adds 5m euros to capital
Brasov-based Kronospan Romania, the distributor of Austria's Kronospan group, one of the main players in the wood industry, intends to increase its share capital by 5.36m euros, to 11m euros...
Cocor: record profit from SIFs goes to giant screens and new car park
Cocor Bucuresti, owner of the store with the same name in central Bucharest, has posted a record income worth 6.61m euros (21.82m RON) in the second quarter of this year, and a turnover wort...
BT, still not where it wants to be
Asset sale is likely to be one of the streams of revenue Banca Transilvania (BT) could rely on next year, with the 25% stake in Asiban as an example in this regard, states Robert Rekkers, th...
Office space yields to reach 6% in euros per year
The costs related to the construction of an office building are 60% higher than five years ago primarily due to the current rising prices of construction materials, but also because of the s...
Hot weather drives Electrica turnover to over 900m euros
Electrica, electricity distribution and supply company, registered a turnover worth 3.01bn RON (903m euros) in the first half of this year, up 6% against the same period last year. The compa...
Gas imports drive Romgaz income down to 61m euros
Romgaz Medias gas producer, one of the most valuable companies still held by the state, in the first half of this year generated net income worth 61m euros (202m RON), down 8%. The main fact...
100% more clients with overdue loans to at least 2 banks
Out of the 38 banks that operate in the domestic banking system, 27 are expected to report positive information concerning loans granted to customers by yearend, an increase from only 13 ban...
Carpatair business climbs to 38.7m euros
Carpatair, the second largest airline operator on the Romanian market, saw a 27% turnover increase in the first half of this year, to 38.7 million euros. "As expected, the liberalisation of...