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Krka’s Sales In Romania Up 9% In 1Q, To EUR11.9M
Health

Krka’s Sales In Romania Up 9% In 1Q, To EUR11.9M

Slovenian pharmaceutical group Krka’s sales in Romania increased 9% in the first quarter, to EUR11.9 million, mainly due to the prescription drug segment, the company said in a statement.

Oana Gavrila · 19.05.2013 · 15:02 · 1 min
Blue Air’s New Owner Seeks Brand Consolidation, Larger Fleet, Higher Sales In 2014-2015
Automotive

Blue Air’s New Owner Seeks Brand Consolidation, Larger Fleet, Higher Sales In 2014-2015

The new owner of Romanian low-cost airline Blue Air wants to consolidate the company’s position on the market, bigger sales in 2014-2015, and a bigger fleet, company officials said Sunday.

Oana Gavrila · 19.05.2013 · 14:43 · 1 min
AFI Europe To Build 60,000 Sqm Office Compound In Bucharest On Land Of Former Inox Factory
Real Estate

AFI Europe To Build 60,000 Sqm Office Compound In Bucharest On Land Of Former Inox Factory

Real estate developer AFI Europe has received its building permit for a second mall in Bucharest, for which works are slated to start this year or early 2014, and the developer also plans to...

Oana Gavrila · 19.05.2013 · 13:44 · 1 min
Profi Opens Store In Sibiu, 166th Unit In Romania
Retail&Consumer

Profi Opens Store In Sibiu, 166th Unit In Romania

Retailer Profi, controlled by Polish private equity firm Enterprise Investors, opened a new store in Sibiu, central Romania, Saturday, its eighth in the city and 166th in the country.

Oana Gavrila · 19.05.2013 · 13:25 · 1 min
Mechel Campia Turzii 1Q Loss Narrows But Revenue Sinks
Companies

Mechel Campia Turzii 1Q Loss Narrows But Revenue Sinks

Romanian steel company Mechel Campia Turzii (INSI.RO) Friday reported its first-quarter net loss stood at 18.8 million lei (EUR4.3 million), versus RON22.8 million in the year-earlier period...

Bogdan Neagu · 17.05.2013 · 20:11 · 1 min
Bucharest Radisson Blu's Owner Considerably Narrows Loss In 1Q
Companies

Bucharest Radisson Blu's Owner Considerably Narrows Loss In 1Q

Romanian hotel operator Bucuresti Turism (BUTU.RO), which operates the Radisson hotel in Bucharest, posted a loss of just RON6,000 and its turnover increased nearly 4%, to RON26.3 million (E...

Oana Gavrila · 17.05.2013 · 18:19 · 1 min
Cora Hypermarkets In Romania 2012 Sales Up 6%, To RON1.6B
Retail&Consumer

Cora Hypermarkets In Romania 2012 Sales Up 6%, To RON1.6B

French retailer Cora’s network of ten hypermarkets in Romania had sales of 1.6 billion lei (EUR359 million) in 2012, up 6% from 2011, driven by the opening of new stores, the company said in...

Oana Gavrila · 17.05.2013 · 16:24 · 1 min
Cora Opens Constanta Store In July, Ploiesti Store And Online Store In Fall
Retail&Consumer

Cora Opens Constanta Store In July, Ploiesti Store And Online Store In Fall

French retailer Cora will open a shopping center in Constanta, southeastern Romania, at the end of July and will open its hypermarket in Ploiesti, southern Romania, and its coradrive.ro onli...

Oana Gavrila · 17.05.2013 · 15:02 · 1 min
Dacia And Ford Have To Import Sheet Metal For Lack Of Better Option In Romania
Automotive

Dacia And Ford Have To Import Sheet Metal For Lack Of Better Option In Romania

ArcelorMittal Galati, the former Sidex plant acquired by Indian billionaire Lakshmi Mittal for EUR70 million in 2001, would see EUR100 million higher sales a year if it were able to supply s...

Tudor Ioana Raluca · 17.05.2013 · 09:26 · 3 min