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CEZ Vanzare Sees Operating Revenue At RON1.64B This Year, Down 2.3%
Energy

CEZ Vanzare Sees Operating Revenue At RON1.64B This Year, Down 2.3%

CEZ Vanzare, the retail division of energy company CEZ Romania, estimates operating revenue of RON1.64 billion (EUR371.8 million) this year, 2.3% lower than the RON1.68 billion it posted in...

Oana Gavrila · 29.09.2014 · 14:30 · 1 min
Huawei Romania Targets EUR130M In Turnover This Year
Technology &Telecoms

Huawei Romania Targets EUR130M In Turnover This Year

Huawei Technologies Romania targets EUR130 million in turnover this year, slightly higher than in 2013, when it stood at EUR127 million, more than half of which to be covered by from compute...

Oana Gavrila · 09.09.2014 · 16:40 · 1 min
TP-Link Targets 30% Sales Growth In Romania This Year, To $8M
Technology &Telecoms

TP-Link Targets 30% Sales Growth In Romania This Year, To $8M

Chinese computer networking equipment manufacturer TP-Link plans to reach a turnover of $8 million in Romania this year, 30% higher than in 2013, driven by higher demand on the local market.

Oana Gavrila · 07.08.2014 · 15:01 · 1 min
Tarom Sees Passenger Numbers Down In 2013 Despite Plan To Boost It 5%
Automotive

Tarom Sees Passenger Numbers Down In 2013 Despite Plan To Boost It 5%

Privately managed state-owned airline Tarom carried 2.1 million passengers last year, compared with 2.19 million in 2012, even though the target in the management plan approved early last ye...

Loredana Frățilă-Cristescu · 27.05.2014 · 00:00 · 1 min
Romania Aims To Boost EU Fund Absorption Rate By 50%-80% By End-2015
Social/Politics

Romania Aims To Boost EU Fund Absorption Rate By 50%-80% By End-2015

Romania’s new Cabinet wants to increase the absorption rate on European Union structural and cohesion funds by 50% to 80% by the end of 2015, according to its new governing program.

Ecaterina Craciun · 07.03.2014 · 15:43 · 1 min
KFC Wants To Open More Drive-Thrus In Romania In 2014
Retail&Consumer

KFC Wants To Open More Drive-Thrus In Romania In 2014

Fast-food restaurant chain KFC wants to expand its local network of drive-thru restaurants in Romania in 2014 and plans to open at least two such units in capital city Bucharest, KFC head Ma...

Ecaterina Craciun · 21.01.2014 · 19:36 · 1 min
DAAS Romania Head Went From Selling Ice Cream Machines To EUR25M Business
Retail&Consumer

DAAS Romania Head Went From Selling Ice Cream Machines To EUR25M Business

Daniel Mocanu has gone from selling juice dispensers and ice cream machines twenty years ago to providing equipment and services for the Horeca and food retail industry through his company D...

Ecaterina Craciun · 04.12.2013 · 09:19 · 3 min
Romania’s Budget Deficit Barely Kept Within The 3% Target In 2012
Macroeconomics

Romania’s Budget Deficit Barely Kept Within The 3% Target In 2012

Romania's 2012 budget deficit was barely kept within the target of 3% of the gross domestic product agreed upon the international financial partners, under the European System of Accounts (E...

Ecaterina Craciun · 23.10.2013 · 09:30 · 2 min
DAAS Romania Targets 10%-15% Higher Sales In 2013
Companies

DAAS Romania Targets 10%-15% Higher Sales In 2013

DAAS Romania, supplier of equipment and services for the HoReCa and food retail businesses, registered 15% lower sales on the year in the first half of 2013, because the retail sector slowed...

Ecaterina Craciun · 12.09.2013 · 08:15 · 1 min