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Radu Georgescu: Romania's IT Industry Boasts Formidable Growth
Technology &Telecoms

Radu Georgescu: Romania's IT Industry Boasts Formidable Growth

The IT industry is witnessing ‘formidable’ growth in Romania and one thing that shows it is that the centers dedicated to supporting technology startups are packed, which is a radical change...

Loredana Frățilă-Cristescu · 13.02.2015 · 09:42 · 2 min
Lenovo: Romania PC Market Up 20% In 2014
Technology &Telecoms

Lenovo: Romania PC Market Up 20% In 2014

The PC (desktop, laptop and server) market grew by almost 20% last year when sales reached 750,000 to 770,000 units. Growth should continue at a double-digit rate in 2015, Aurel Netin, count...

Loredana Frățilă-Cristescu · 10.02.2015 · 08:11 · 3 min
Private Investments Lifted Romanian Cement Market By 5-6% In 2014
Companies

Private Investments Lifted Romanian Cement Market By 5-6% In 2014

Romania’s cement market, a key indicator of the trend of the construction field, in 2014 rose by 5-6%, reverting to the level of 2012, when total output amounted to 7.6 million tons, accordi...

Catalina Apostoiu · 05.02.2015 · 00:00 · 1 min
Megaprofil Expects Bumper 2015 Year
Companies

Megaprofil Expects Bumper 2015 Year

2015 is due to be a year of growth as Romania is faring well in macroeconomic terms, so that there are hopes fiscal issues are also to be reviewed in the sense of supporting investments, say...

Catalina Apostoiu · 02.02.2015 · 00:00 · 1 min
Sales Of Leu Mortgage Loans Tripled In 2014
Banks-Insurance

Sales Of Leu Mortgage Loans Tripled In 2014

The halving of the interest rates and the halt of the crisis impact on home prices are driving up residential property transactions, with statistics indicating a rise in sales of leu mortgag...

Loredana Frățilă-Cristescu · 29.01.2015 · 00:36 · 3 min
Romanian Building Materials Market Seen Posting Tepid Growth In 2015
Analysis

Romanian Building Materials Market Seen Posting Tepid Growth In 2015

The local building materials field, accounting for around one third of the overall construction market, is set to rise by 3-4% this year, after stalling at around EUR3.2 billion in 2014.

Catalina Apostoiu · 29.01.2015 · 00:00 · 2 min
Carrier Frigoexpress Expects 10% Growth From International Contracts
Companies

Carrier Frigoexpress Expects 10% Growth From International Contracts

Oradea-based road freight carrier Frigoexpress expects the new contracts signed with customers in Germany, France and Switzerland to drive its business up 10% this year, says Florian Mihut,...

Loredana Frățilă-Cristescu · 15.01.2015 · 10:07 · 1 min
Epson Sees Up To 10% Growth For Printer Market In 2015
Technology &Telecoms

Epson Sees Up To 10% Growth For Printer Market In 2015

The local printer market will reach about 338 million lei ($89 million) in 2015, an increase of less than 10% on 2014, while the total number of units sold will only grow by 5%, according to...

Loredana Frățilă-Cristescu · 14.01.2015 · 08:51 · 1 min
Rus Savitar Ends Year With 20% Growth
Companies

Rus Savitar Ends Year With 20% Growth

Furniture group Rus Savitar-Casa Rusu, held by the Rusu family in Timisoara, will end the year with a growth of 20% in sales and 28 stores (corporate and franchised).

Loredana Frățilă-Cristescu · 22.12.2014 · 00:00 · 1 min