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Henri Coanda Airport Close To Matching Budapest Airport By Traffic
Henri Coanda (Otopeni) International Airport, the largest in Romania, is one step away from matching the Budapest airport by passenger numbers, having closed the gap to about 400,000 last ye...
Avenir Telecom: Average Price Of Cellphones Sold In Romania Up From RON600 To RON750 In Three Years
Sales of cellphones in Romania are almost flat this year, but people are spending more on handsets, as the average price including VAT reached 750 lei (EUR164), 25% higher than three years a...
ROBOR Index At Two-Year Peak On Interbank Market
Interbank leu rates rose for the third time in a row on Wednesday, and the three-month ROBOR, which is used to set the interest rates for the loans of most Romanians, reached 1.25%, the high...
Farinsan: Consumption Of Bread And Bakery Products Up, Driven By Imports
The local bakery industry cannot be competitive with other markets in the region mainly because of the logistics and transportation costs, which led to a rise in imports, especially of froze...
Lucia Morariu, Eximtur: Venus Is The Southern Seaside Resort With Highest Rise In Demand
Demand for vacations on the Romanian seaside is up 20% and Venus is the southern Black Sea Coast resort in highest demand, following investments in hotel upgrades, says Lucia Morariu, owner...
Voicu, Coldwell Banker: Rise In Apartment Prices Is A Natural Evolution
Apartment prices rise on average 5-7% per year and the trend will probably maintain in the future, according to Gabriel Voicu, head of New Homes Division within real estate consulting firm C...
Bucharest Stock Exchange At Its Highest In Nine Years
The Bucharest Stock Exchange rose again on Friday, reaching its highest level since January 2008.
Romania’s Airports In Q1: 30% Rise In Passenger Traffic
Passenger traffic on Romania’s airports stood at more than 4 million people in the first quarter, an increase of 30% on the year-ago period, according to the Romanian Airports Association.
Terapia Cluj Net Profit Up 45% To RON143M In 2016
Pharmaceutical manufacturer Terapia based in Cluj, part of India’s Sun Pharma group, posted almost 143 million lei (EUR31 million) net profit last year, an increase of 45% on 2015, according...