MARKET
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Competition Council: Romania Should Liberalize Car Part Market
Romania’s Competition Council recommends the liberalization of the car part production market, which would reduce prices, Bogdan Chiritoiu, president of the antitrust watchdog, said Wednesda...
Cemacon Head: Construction Materials Market Won’t Rise In 2013
Romanian construction materials market for real estate compound development will not increase in 2013 either, as there is no reason for a positive flow, according to Liviu Stoleru, general m...
Only Three Car Brands Beat 2007 Sales Volumes
Only three of the 45 car brands officially sold in Romania posted higher sales in the first ten months of this year compared with the same time of 2007. Ten brands, on the other hand, saw th...
Top Five Construction Companies Valued At EUR1.5B Thanks To High Profit Margins
The five leading companies on the Romanian construction market have been valued at nearly EUR1.5 billion this year, according to the seventh edition of the “100 most valuable companies in Ro...
Romanians Buy Luxury Cars Worth EUR110M In First Ten Months
The number of luxury cars registered in the first ten months of this year doubled compared with the similar period a year ago, to more than 900 cars worth almost EUR110 million in cumulated...
Listed Construction Companies Make Overall Losses Of RON44M In First Nine Months
Most construction companies on the stock exchange posted turnover declines, low profits or losses, which shows that 2012 will most likely be another “failed” year for companies in this secto...
DTZ: Romania Might See Increased Number Of Realty Deals After Elections
The Romanian real estate market has become more stable, meaning that both rentals and acquisitions are made at realistic prices, and the number of transactions might increase in the next six...
Fleet Sales Going Strong: Seven Out Of Ten Cars Are Bought By Companies
Companies account for 69% of overall car sales, while sales to individuals fell by 55% in the first ten months of 2012 compared with the similar interval a year ago, according to Business Ma...
Romanians Spend EUR3.5 Each On Cosmetic Products Per Month, Three Times Lower Than Polish
Romania’s cosmetics market is seen up 2.2% this year compared to 2011 when it reached 3.5 billion lei (EUR823 million), according to data from market research company PMR.