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Energy

Ariston Thermo Romania Sees ’11 Sales At EUR32M

Heating equipment maker Ariston Thermo Romania on Friday said its first-half sales stagnated and they could reach EUR32 million by the end of the year, compared to EUR30 million in 2010, as...

Andrei Cîrchelan · 16.09.2011 · 14:30 · 1 min
Companies

Zippo Targets Sales Of EUR500,000 In Romania

US-held Zippo, producer of the lighters of the same name, wants to sell up to 30,000 lighters on the Romanian market this year, which it estimates will bring it EUR400,000-500,000 in revenue...

Adelina Mihai · 15.09.2011 · 00:00 · 1 min
Companies

Entrepreneurs Ignore Bad News And Get Back To Work

After two years of recession and the “threat” of a new storm over Europe, businesspeople have decided not to wait for better days any longer and act to boost their business and take advantag...

Radu Bostan · 15.09.2011 · 00:00 · 2 min
Companies

Government Approves Memo On Renegotiated Subway Maintenance Contract

Romania's Government on Wednesday approved the memorandum between Bucharest subway operator Metrorex and Alstom Transport, following the renegotiation of their contract, which will reduce su...

Radu Bostan · 14.09.2011 · 16:37 · 1 min
Companies

Comvex Pins Hopes For Growth On Restart Of ArcelorMittal Furnace

The management of harbor operator Comvex Constanta (CMVX) says the company’s business could see growth in the second half of the year as a result of the reopening of steel mill ArcelorMittal...

Adrian Cojocar · 14.09.2011 · 00:00 · 1 min
Luxury Furniture Sales Rebound
Companies

Luxury Furniture Sales Rebound

Luxury furniture vendors are talking about a rebound in demand in the first half of the year, and hope it will continue into the coming months, despite financial markets turmoil.

Ioana David · 13.09.2011 · 23:00 · 3 min
HR

Economy Ministry Gets 3 Bids From Headhunters

Romanian authorities received bids from Pedersen&Partners, Agentia Professional SRL Bucuresti and the association between George Butunoiu and law firm Biris Goran for the recruitment of priv...

Andrei Cîrchelan · 13.09.2011 · 16:08 · 1 min
Udrea Wants To Sell State-Owned Hotels
Companies

Udrea Wants To Sell State-Owned Hotels

Romanian Regional Development and Tourism Minister Elena Udrea said Tuesday, in a meeting with tour operators, that she wants to privatize the hotels managed by the State Protocol Patrimony...

Radu Bostan · 13.09.2011 · 14:21 · 1 min
Social/Politics

Number Of Tourists On Romanian Black Sea Coast Up 10% In 2011

The number of tourists who spent their holiday on the Romanian Black Sea coast increased by 10% this year compared to 2010, Corina Martin, president of the National Association of Tour Opera...

Ioana Tudor · 13.09.2011 · 14:13 · 1 min