MARKET
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Romania’s Property Management Market Seen At Up To EUR100M
The local outsourced property management market is evaluated at EUR20 million, but adding the facility management component the market reaches a value of EUR80-100 million, Thursday said Val...
Obi Romania Drops Expansion Plans For 2011
DIY retailer Obi Romania, owned by German group Tengelmann, will not go through with its plans to open new stores in 2011, because of the economic crisis and a failure to agree with real est...
RBS: Leu To Fare Better Than Zloty And Forint
The Romanian central bank (BNR) wants to keep the leu/euro exchange rate stable, limit its volatility in order to create the framework for economic growth, and has sufficient forex reserves...
CIROM: Romania’s Cement Output Up 8.1% In 1H, To 3.18 Mln Tons
Romania’s cement production rose 8.1% on the year in the first half of 2011, to 3.18 million tons, according to data of cement makers' association CIROM.
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...
Beer Market Falls Nearly 3% In July
Beer sales declined by 2.86% in July this year against July 2010, according to ZF calculations based on data from the National Statistics Institute (INS). These are the first data on July be...
Upetrom: Romania’s Oil Industry To “Boom” In 2012-2013
Romania’s oil segment will “boom” in 2012-2013, given that 40 new exploration and drilling licenses will be granted by the end of this year, Thursday said Florin Ciocaneala, executive manage...
Financial Leasing Accelerates Growth In 2Q
The financial leasing market accelerated its growth in the second quarter of the year, when EUR379 million in funding was granted, 33% less than in the first quarter of 2011, according to da...
More Than Half Of Romanians Prefer Building Their Own House - Poll
Over 50% of Romanians would prefer to build a house from scratch against buying it ready-made, according to a survey of Wienerberger, the largest by brick maker in Romania.