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BCR's six-month profit up 21% to 139 million euros
The Austrians at Erste, the majority shareholder of Banca Comerciala Romana (BCR) will receive around 101 million euros from this amount, as they own 69.17 percent in the bank. "BCR's first-...
Praktiker: Romanian sales make up 20% of the group's total business
Sales of the German home improvement store network Praktiker reached 108.4 million euros on the domestic market, in the first half of the year, accounting for 21% of the 495.4 million-euro s...
Construction material prices up 10-25% in H1
The price of basic construction materials, such as steel-concrete, cement and bricks, has gone up heavily in the first half of the year, with the increases standing at 10 to 25%, according t...
Austrian furniture retailer KIKA hires up to 300 people
Furniture and interior decorations retailer KIKA will hire 200 to 300 people before the opening of its first store on the domestic market. At present, KIKA only has three employees in Romani...
Adobe: Sales up 100% in the first quarter
Sales of Adobe products on the domestic market doubled in the first quarter of this year, with the growth trend expected to continue into the coming period, as Romanians' living standards im...
Seaside package holidays sales up almost 50%
Package holidays for the Romanian seaside have seen an increase ever since the low season, by 50% against last year. The number of Romanian and foreign tourists who visit coastal resorts is...
Immorent to rev up investments
Bogdan Cernescu, 31, the newly-appointed general manager of Immorent Romania, the domestic branch of the leasing division of the Austrian group Immorent, says the group's investments in real...
Austrian Airlines business up 20%
Austrian Airlines, one of the leading players operating on the Romanian airline market, witnessed a 26.5% increase in passenger numbers in the first five months of this year for its flights...
Credit insurance up 55%
Revenues of insurance companies from credit insurance policies reached 112.3 million euros (396 million RON) last year, registering a 55% increase in euros against 2005, according to the 200...