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Agrana juices merge with Raiffeisen's juices division

The juice division of sugar producer Agrana and that of Raiffeisen Ware Austria, part of the Raiffeisen Group, with operations in the financial sector, decided to merge internationally, in a...

Ioana David · 08.03.2011 · 00:04 · 1 min
ZF English

Romanians spend over 9m euros on video consoles and games annually

The domestic video games market is valued at around 9m euros, in which equipment (game consoles and accessories) account for 60% (5.4m euros), says Mihai Stegaru, a product manager with TNT...

Magraon Andreea · 08.03.2011 · 00:03 · 1 min
ZF English

Specialised websites top travel agencies in Internet search ranking

When searching "Romania accommodation" on the Internet, one of the major travel agencies, Eximtur, selling holidays with accommodation in Romanian pensions or hotels mainly, does not emerge...

Mirabela Tiron · 08.03.2011 · 00:02 · 1 min
ZF English

Dobra, Alro: If aluminium prices go up by another 20%, we'll buy energy at OPCOM prices

The management of Alro Slatina aluminium producer (ALR), says it currently pays around 30-40% more for energy than a year ago because Hidroelectrica provides it with energy at a price that i...

Adrian Cojocar · 08.03.2011 · 00:01 · 1 min
ZF English

Țiriac believes we'll exit the crisis in 2012

Businessman Ion Țiriac, probably the wealthiest Romanian, is quite reserved with regard to the firm statement that the Romanian economy will exit the crisis at the end of the first quarter....

Adrian Voicu · 07.03.2011 · 07:47 · 2 min
ZF English

Delta ACM builds motorways with 2.3m euros per kilometre in Iraq

Romanian construction company Delta ACM 93, controlled by businessman Florea Diaconu, will build a motorway in Iraq, whose cost per kilometre is around 2.3 million euros, three or four times...

Andreea Neferu · 07.03.2011 · 07:45 · 1 min
ZF English

Isărescu: Slight exchange rate fluctuations should not be apparent in prices

Fluctuations of up to 3-4% of the exchange rate should not be "paid attention to" and should not be immediately apparent in prices, says Mugur Isărescu, governor of the NBR (National Bank of...

Alexandra Chelu · 07.03.2011 · 07:44 · 1 min
ZF English

RCS&RDS believes Romtelecom will interfere with RCS-UPC transaction

RCS&RDS operator is considering the possibility of rival Romtelecom interfering in the fight for UPC Romania, which would complicate the battle for the acquisition of the second-largest oper...

Cristian Hostiuc · 07.03.2011 · 07:42 · 1 min
ZF English

SIF Transilvania to disburse same dividends as last year despite 42% lower profit

SIF Transilvania (SIF3) board of directors proposes the company's shareholders the awarding of a gross dividend of 0.03 lei/share from net income generated in 2010, with the dividend being f...

Andrei Chirileasa · 07.03.2011 · 07:41 · 1 min