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Euro headed towards 3.55 RON after new worsening of regional sentiment
The euro took a fresh leap on the Bucharest market and climbed 1.3% during yesterday's session to a fourteen-month high of 3.54 RON. Although the RON/EUR rate has now increased 14% since the...
Porsche speeds towards 40%
Sales of Porsche Romania, domestic importer of VW-Audi group and Porsche brands, increased 38% in the first ten months of the year, up against the first nine months of the year, when the inc...
Automotive market speeds towards 350,000 units this year
The market of new vehicles is expected to hit the 350,000-unit mark this year, up approximately 18% on last year following an accelerated renewal of cars and an increase in the level of impo...
Blue Air climbs towards 100m euros
Low cost airline Blue Air, held by businessman Nelu Iordache, registered turnover worth over 70 million euros in the first three quarters of the year, more than double against the same perio...
Courier firms head towards European business models
After annual growth rates of more than 30% and two-digit profit margins, domestic courier firms are heading European business "recipes" - high volumes with much lower profit margins. Last ye...
Benvenuti heading towards 15m euro business
Benvenuti heading towards 15m euro business
Toyota importer speeds up towards 115m-euros turnover
Toyota Romania, the importer of Toyota cars onto the domestic market, for this year foresees 52% sales growth, translating into 48% higher turnover amid the expansion of its network of deale...
Mutual funds speed up towards 1bn euros
The mutual funds market will go beyond 1 billion euros by 2010, according to analysts. The main players are already striving to secure a solid share of the market. Fund managers are banking...
RomTelecom, one more step towards floatation
The consultancy contract for the floatation of RomTelecom stake held by the Romanian state will be submitted to the Government for endorsement as soon as possible, Communications Minister Zs...