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Delta Air Lines resumes flights to US
American air travel company Delta Air Lines, the third largest flight operator in America, estimates it will have an approximately 75-80% occupancy rate on its Bucharest - New York route, wh...
Cluj-Napoca airport to invest in a new terminal
The Cluj-Napoca international airport intends to build a new departures terminal through an investment of around 20 million euros, with works expected to start this year and end in 2008. The...
UPC offers unlimited calls to any landline network to keep clients
UPC Romania, the biggest provider of cable TV services on the domestic market, last year generated operating income of about 58 million euros, accounting for 42% of its 140 million euro reve...
35-45 year-olds now free to opt for private pensions after December
Employees aged between 35 and 45, who are eligible to opt for a 2nd pillar pension (compulsory private pension) retain their right to opt until they reach the age limit of 45, The Private Pe...
Treichl urges Erste employees to buy more stock
More than 10,000 BCR employees together own a third of the 3% stake in Erste belonging to the group's employees and the employees of the other subsidiaries should feel motivated to increase...
Bancpost to offer non-stop services
Bancpost is preparing to provide non-stop services for its individual clients, who will be able to conduct basic card based operations in special areas located within the bank's branches. Th...
Holzindustrie Schweighofer lifts domestic investments to 105m euros
Holzindustrie Schweighofer, one of the main players in the Romanian wood processing industry, with turnover worth above 120m euros in 2006, will add 25m euros to the investments it is curren...
Red Bull sees retail sales double to euros 8m
Sales of Red Bull energy drinks in Romanian retail doubled last year, reaching 31m RON (8.8m euros) and a volume of 1.33 million litres, in line with data released by the Nielsen market rese...
Romtelecom net profit up to 19.8m euros
Romtelecom's net profit rose by 5.3% to 19.8 million euros in the first quarter compared with the same time in 2006 and revenues went down to 222.1 million euros from 222.9 million euros, ac...