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Romanian Premium Tablet Market Seen Tripling This Year, To 60-70,000 Units
Technology &Telecoms

Romanian Premium Tablet Market Seen Tripling This Year, To 60-70,000 Units

Sales of premium tablets in Romania, at prices of over 1,800 lei (EUR400), are expected to reach 60-70,000 units by the end of the year, triple compared to 2011 sales, Lucian Radulescu, gene...

Oana Gavrila · 12.09.2012 · 13:46 · 1 min
Czech Group Develops Office Tower Project In Bucharest
Real Estate

Czech Group Develops Office Tower Project In Bucharest

Czech-based S Group Holding has started the construction of an office tower with a lettable area of 27,000 square meters in capital Bucharest.

Ioana Tudor · 12.09.2012 · 13:20 · 1 min
GfK: Romanians Spent 2% Less On Food, More On Beer In First Half
Retail&Consumer

GfK: Romanians Spent 2% Less On Food, More On Beer In First Half

Romanians spent 2% less on food in the first half of the year, while spending on non-alcoholic drinks and beer increased 5%, according to a survey conducted by market research company GfK Ro...

Ioana Tudor · 12.09.2012 · 12:40 · 1 min
Transgaz SPO Prospectus To Be Ready In A Few Days
Capital Market

Transgaz SPO Prospectus To Be Ready In A Few Days

The prospectus for the secondary public offering to list an additional 15% in Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO) will be ready in a few days, a governm...

Oana Gavrila · 12.09.2012 · 11:49 · 1 min
Wheat Price Up 60% Year on Year
Retail&Consumer

Wheat Price Up 60% Year on Year

The wheat price on the Romanian market overshot 1,100 lei (EUR245) per ton early in September, two months after the harvesting of the new crop, and is 60% higher than a year ago.

Tudor Ioana Raluca · 12.09.2012 · 00:00 · 2 min
Foreign Direct Investment Falls To EUR907M In First Seven Months
Macroeconomics

Foreign Direct Investment Falls To EUR907M In First Seven Months

Romanian foreign direct investment, or FDI, were down to EUR907 million in the first seven months, from EUR963 million in the same period of 2011, central bank data showed Tuesday.

Neagu Bogdan Mircea · 11.09.2012 · 14:31 · 1 min
Technology &Telecoms

Israeli Ceragon Networks Opens $1M Telecom Research Lab In Bucharest

Israel-based Ceragon Networks opened a telecom research and center in Bucharest, in which it invested over $1 million, general manager Ira Palti told a news conference Tuesday.

Oana Gavrila · 11.09.2012 · 14:10 · 1 min
PwC, KPMG File Bids For Consultancy Services In Posta Romana Sale
Companies

PwC, KPMG File Bids For Consultancy Services In Posta Romana Sale

PricewaterhouseCoopers (PwC) and KPMG filed Monday the bids for providing consultancy services in the sale of national postal operator Posta Romana, Communications minister Dan Nica said Tue...

Manuela Panescu · 11.09.2012 · 13:06 · 1 min
Ceramic Tile Maker KAI Expects Over 20% Growth In 2012
Retail&Consumer

Ceramic Tile Maker KAI Expects Over 20% Growth In 2012

Ceramic tile maker KAI Group, controlled by private equity firm Advent International, posted more than EUR10 million sales on the Romanian market in the first half, up 20% year-on-year.

Neagu Bogdan Mircea · 11.09.2012 · 12:10 · 2 min