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Elmiplant, 25% up
ElmiProdFarm, the company that makes the Elmiplant cosmetics expects $2 million revenues for this year, 25% more than in 2002, when turnover was in excess of $1.5 million. "Sales peaked in t...
Plaster market up 5%
The plaster market in Romania will go up by 5% this year to approximately 6 million euros, Constantin Hariton, general manager of Rigips Romania, the local branch of construction supplies gr...
Foreign investment up before accession
Foreign investment will surely soar two or three years before Romania's accession to the European Union, though the exact time of integration will not be known any sooner than late next year...
Transelectrica teams up with General Electric
National electricity carrier Transelectrica and US' General Electric Power Systems on Tuesday signed a memorandum of understanding over rehabilitating the 400 Kv Cernavoda station, a project...
Ambasador Hotel's profit up
Ambasador Hotel in downtown Bucharest logged 8% nine-month turnover growth in euros from the same time last year to 1.3 million euros. It expects full-year turnover to reach about 2 million...
Peugeot up 36%
French carmaker Peugeot sold 4,020 vehicles on the Romanian market in nine months this year, up 36% from the year-ago period, according to the data complied by the Romanian Carmakers and Imp...
Auto sales up 17% in nine months, Romanian-made cars see boost
Car sales on the Romanian market totalled 95,000 units in nine months this year, up 17% up from the year-ago period, the Romanian Carmakers and Importers Association (APIA) statistics show....
BCR first to up interests
National Bank of Romania can give itself a pat on the back again, even though partly: the message it wanted to convey by the 1% rise in its benchmark interest on the monetary market has reac...
Marco, Gazprom team up for Petrom
US-based group Marco International, which bought aluminium companies Alro and Alprom Slatina from the Romanian State, will also participate in the privatisation of SNP Petrom, together with...