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Romania

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Eurostat: Romania Has Lowest Household Gas Prices
Energy

Eurostat: Romania Has Lowest Household Gas Prices

Romania has the lowest household gas prices, of EUR3.2 per 100 kWh, whereas Sweden has the biggest household gas prices, of EUR12 per 100 kWh, in the first half of 2017, according to seasona...

Ecaterina Craciun · 29.11.2017 · 17:47 · 2 min
Immofinanz Rental Income In Romania Up 8%, To EUR37M, In January-September 2017
Real Estate

Immofinanz Rental Income In Romania Up 8%, To EUR37M, In January-September 2017

Austrian-held real estate developer Immofinanz registered rental income of EUR37 million from its properties in Romania, in January-September 2017, up nearly 8% from the year-earlier period,...

Ecaterina Craciun · 29.11.2017 · 15:25 · 1 min
Ikea Sales In Romania Up 14%, To Over RON586M, Between Sept 1, 2016 And August 31, 2017
Companies

Ikea Sales In Romania Up 14%, To Over RON586M, Between Sept 1, 2016 And August 31, 2017

Swedish furniture and decoration retailer Ikea on Thursday reported 14% higher sales in Romania, to over RON586 million (nearly EUR128 million), in the catalog year September 1, 2016 and Aug...

Ecaterina Craciun · 23.11.2017 · 18:01 · 1 min
How Romania’s Economy Looks Like Today Compared With 1999
Macroeconomics

How Romania’s Economy Looks Like Today Compared With 1999

Today’s economy looks significantly better than it did in 1999, as most indicators strengthened in the past nineteen years. The gross domestic product went up more than five-fold from EUR33....

Loredana Frățilă-Cristescu · 23.11.2017 · 11:12 · 1 min
Key Safety Systems Acquires Takata Corporation, Also Present In Romania
Companies

Key Safety Systems Acquires Takata Corporation, Also Present In Romania

Automotive parts company Takata Corporation, which also operates in Romania, has been acquired by American company Key Safety Systems (KSS), which develops and manufactures automotive safety...

Ecaterina Craciun · 21.11.2017 · 17:09 · 1 min
Group Of Hungarian And Romanian Entrepreneurs Invests EUR15M In Combined Fodder Factory
Companies

Group Of Hungarian And Romanian Entrepreneurs Invests EUR15M In Combined Fodder Factory

UBM Feed Romania, whose shareholding structure includes Hungary’s UBM group and local companies East and Oprea Avi Com, will be opening a combined fodder factory in Sanpaul (Mures County) an...

Ecaterina Craciun · 20.11.2017 · 16:58 · 1 min
Taco Bell To Open Its Second Restaurant In Romania, In Mega Mall Bucuresti
Companies

Taco Bell To Open Its Second Restaurant In Romania, In Mega Mall Bucuresti

Taco Bell, the American chain of fast-food restaurants serving a variety of Tex-Mex foods, will be opening its second restaurant in Romania, in shopping center Mega Mall Bucuresti, on Novemb...

Ecaterina Craciun · 16.11.2017 · 16:09 · 1 min
Retailer dm drogerie markt To Top 100-Store Mark In Romania
Companies

Retailer dm drogerie markt To Top 100-Store Mark In Romania

German cosmetics and fast-moving consumer goods retailer dm drogerie markt reached 91 stores on the Romanian market and plans to open 13 more units between October 2017 and September 2018, w...

Ecaterina Craciun · 16.11.2017 · 13:07 · 1 min
Miele Home Appliance Stores In Romania Headed Towards EUR6M Turnover
Companies

Miele Home Appliance Stores In Romania Headed Towards EUR6M Turnover

Miele Appliances, the retail division of German appliances manufacturer Miele, has reached eight stores, of which five in franchise system in the Romanian cities of Brasov, Bucharest, Cluj-N...

Ecaterina Craciun · 10.11.2017 · 19:05 · 1 min