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Carpatair Sees Slight Decline In 2011 Revenue And Passenger Numbers
Companies

Carpatair Sees Slight Decline In 2011 Revenue And Passenger Numbers

Carpatair, the Romanian airline controlled by businessman Nicolae Petrov, carried 550,000 people last year, down about 2% on 2010.

Loredana Frățilă-Cristescu · 14.03.2012 · 00:00 · 2 min
Delta ACM Looks For Opportunities In Qatar, After Winning Highway Contract In Iraq
Companies

Delta ACM Looks For Opportunities In Qatar, After Winning Highway Contract In Iraq

Romanian constructor Delta ACM ’93 owner Florea Diaconu is interested in projects in Qatar, which will host the 2022 FIFA World Cup.

Andreea Neferu · 12.03.2012 · 00:00 · 1 min
Companies

Schaeffler Plans To Boost Production In Brasov By 9%

German-held manufacturer Schaeffler Romania, which owns a ball bearing plant in Brasov, has budgeted production growth of about 9% for 2012, which should take its turnover towards EUR370 mil...

Laurentiu Cotu · 09.03.2012 · 00:00 · 1 min
Leasing Market Rebounded To EUR1.3B In 2011
Companies

Leasing Market Rebounded To EUR1.3B In 2011

The Romanian leasing market rose 15% last year, when new financing hit EUR1.3 billion, but it was still significantly down from the almost EUR5 billion peak registered in 2007-2008, accordin...

Ciprian Botea · 08.03.2012 · 00:00 · 2 min
Dedeman Aims For 10% Higher Sales In 2012 From RON2B In ‘11
Companies

Dedeman Aims For 10% Higher Sales In 2012 From RON2B In ‘11

Romanian do-it-yourself retailer Dedeman on Wednesday reported sales of 2 billion lei (EUR459 million) for last year, compared to RON1.55 billion in 2010.

Andrei Cîrchelan · 07.03.2012 · 16:31 · 1 min
Basescu Says Small And Medium Enterprises In Rural Areas Are Vital
Social/Politics

Basescu Says Small And Medium Enterprises In Rural Areas Are Vital

Romanian President Traian Basescu on Wednesday said it is vital for the future of rural areas to have small and medium enterprises providing services, on the one hand, and processing farming...

Ecaterina Craciun · 07.03.2012 · 13:25 · 1 min
Companies

BASF Expects Two-Digit Growth This Year

The local branch of German chemical group BASF, has budgeted double-digit growth for this year, a projection that takes into account the international trends and the trend of the local const...

Andreea Neferu · 06.03.2012 · 00:00 · 2 min
Companies

Fluorescent Lamp Recycling Plant Built In Hungary In Partnership With Romania

Romanian and Hungarian non-profit organizations Recolamp Romania and Electro-Coord Magyarország, respectively, specialized in managing waste from light sources, on Monday inaugurated a plant...

Ecaterina Craciun · 05.03.2012 · 13:20 · 1 min
Closure Of Baneasa Airport Reveals EUR1B Real Estate Treasure
Companies

Closure Of Baneasa Airport Reveals EUR1B Real Estate Treasure

As of March 25, all 70 flights operated from the Baneasa Airport will move to the Otopeni Airport. What will happen to the 200 hectares of airport land worth one billion euros?

Loredana Frățilă-Cristescu · 05.03.2012 · 00:00 · 5 min