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Pegasus enters with five weekly flights on Bucharest-Istanbul route

Turkey's Pegasus Airlines low-cost airlines, which owns a 30 Boeing plane fleet, is set to introduce five weekly flights on the Bucharest-Istanbul route starting May 16.

Mirabela Tiron · 13.04.2011 · 23:42 · 1 min
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Unirea, two openings on the same day: H&M in Brașov and Pull & bear in Bucharest

Unirea Shopping Center company, controlled by Adamescu family, will have two major store openings on the same day, April 20, as Sweden's H&M is set to open a store in the Brașov mall, while...

Cristi Moga · 13.04.2011 · 23:41 · 1 min
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Investment funds and banks prepare Bourse revolution

Support coming from foreign investment funds, among the biggest shareholders in the Bucharest Stock Exchange (BSE), is likely to make some shareholders' old wishes come true: the distributio...

Roxana Pricop · 13.04.2011 · 23:40 · 1 min
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Stefanel store, symbol of capitalism on Calea Victoriei, is closing

The first fashion store opened in Romania after the Revolution of 1989 will close in May, marking the end of an era in fashion retail. Stefanel, the first foreign brand to bet on Romania in...

Cristina Roșca · 12.04.2011 · 23:59 · 1 min
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Smartphone market grows to 600,000 units

Sales of smartphones, which allow users to surf the net, send emails, run games and listen to music, apart from their use as phones, could reach 600,000 units this year in Romania, estimate...

Adrian Seceleanu · 12.04.2011 · 23:55 · 1 min
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Dilemma of state-run companies: political management with zero performance or professional management

The Romanian state is pressured from all sides to reorganise the companies under its management. Although the IMF asks for privatisations or bankruptcies and foreign investors want to bring...

Roxana Petrescu · 12.04.2011 · 23:51 · 1 min
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Romaqua ponders investment in thermal centre

Romaqua Group, the biggest mineral water producer on the Romanian market, held by businessmen Octavian Crețu and Nicolae Palfi, is pondering investments in a thermal centre in Borsec town, w...

Ioana David · 12.04.2011 · 23:50 · 1 min
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Spanish company negotiating sale of Tricodava to Auchan

Former industrial site of Tricodava in Bucharest's Drumul Taberei district is once again for sale, with French group Auchan negotiating the acquisition of half the 5.4-hectare plot held by a...

Cristi Moga · 12.04.2011 · 23:47 · 1 min
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6 Romanian and 11 foreign contractors winners of 183 km of motorway

Six Romanian construction companies and eleven foreign ones were yesterday declared winners of the nine sections of motorway on the Nădlac-Sibiu motorway, that the National Company of Motorw...

Andreea Neferu · 12.04.2011 · 23:46 · 1 min