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CBRE Romania: Office Segment Is The Star Of Real Estate Market
Real Estate

CBRE Romania: Office Segment Is The Star Of Real Estate Market

The office segment is the driver of the real estate market in Romania, with record growth, as 33% of all demand in the first quarter was new demand, not relocation, Mihai Paduroiu, head of o...

Oana Gavrila · 26.05.2015 · 15:38 · 1 min
Lenovo: Romania's PC Market Up 15% In 1Q
Technology &Telecoms

Lenovo: Romania's PC Market Up 15% In 1Q

The local PC market stood at 182,000 units in the first quarter of 2015, an increase of about 15% on the year-ago period, says Aurel Netin, country manager of Lenovo Romania, Bulgaria and Mo...

Loredana Frățilă-Cristescu · 21.05.2015 · 00:00 · 1 min
Jidvei Owner: Focus Must Remain On Local Market
Retail&Consumer

Jidvei Owner: Focus Must Remain On Local Market

Winemaker Jidvei (Alba County, central Romania) focuses on sales on the domestic market, which generate more than 90% of revenue, says owner Claudiu Necsulescu.

Loredana Frățilă-Cristescu · 20.05.2015 · 00:00 · 3 min
Porsche Romania Revenue Up 18% In 2014
Automotive

Porsche Romania Revenue Up 18% In 2014

Porsche Romania, the largest auto importer on the local market, posted almost 1.8 billion lei (EUR405 million) revenue last year, an increase of 18% on 2013, the company said. The sales of t...

Loredana Frățilă-Cristescu · 20.05.2015 · 00:00 · 1 min
Companies

Bucharest Accounts For One Third Of Romania’s Restaurant And Coffee Shop Market

Bucharest accommodates more than 3,400 restaurants, coffee shops and bars, whose sales amount to almost 2.5 billon lei (EUR562 million) and is the most important market for this industry by...

Loredana Frățilă-Cristescu · 19.05.2015 · 00:00 · 2 min
Romanian Auto Leasing Market Rose 14% In 1Q, To EUR277M
Automotive

Romanian Auto Leasing Market Rose 14% In 1Q, To EUR277M

Romania's automotive leasing market increased 14% in the first quarter, compared to the same period last year, to EUR277.08 million, boosted mainly by commercial vehicles, BCR Leasing genera...

Oana Gavrila · 18.05.2015 · 12:32 · 1 min
Ursus Breweries: Sales On The Rise Since November
Retail&Consumer

Ursus Breweries: Sales On The Rise Since November

Sales returned to growth in November on restored consumer confidence, following the elections that month, says Igor Tikhonov, president of Ursus Breweries, the largest brewer in Romania. The...

Loredana Frățilă-Cristescu · 18.05.2015 · 00:00 · 2 min
Avenir Telecom: Romania's Smartphone Market Seen Growing 25%
Technology &Telecoms

Avenir Telecom: Romania's Smartphone Market Seen Growing 25%

Romania’s mobile phone market went down in February and March but sales are already recovering. The number of smartphones sold should go up by 25% by yearend.

Loredana Frățilă-Cristescu · 08.05.2015 · 07:49 · 2 min
Players In Romanian Architecture Field Battle On EUR200M Market
Companies

Players In Romanian Architecture Field Battle On EUR200M Market

Companies operating in Romania’s architecture field posted total revenue worth 869 million lei (almost EUR200 million) in 2013. Over 4,700 companies operate in this field, with 3,500 posting...

Catalina Apostoiu · 21.04.2015 · 00:00 · 1 min