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INS: Bucharest-Ilfov Housing Permits Up 35% In Jan-Sep
Real Estate

INS: Bucharest-Ilfov Housing Permits Up 35% In Jan-Sep

The number of residential construction permits rose by 35% to 4,721 in Bucharest-Ilfov region in the first nine months of the year, while witnessing a slight decline of 0.2% to 29,000 countr...

Loredana Frățilă-Cristescu · 29.10.2014 · 00:00 · 1 min
Romania’s Economy Cannot Grow More Than 2-3% In 2014, Minister Says
Macroeconomics

Romania’s Economy Cannot Grow More Than 2-3% In 2014, Minister Says

Romania’s economic growth rate cannot be higher than 2-3% this year due to the macroeconomic context, state-run companies lacking technological upgrades and firms having difficulty contracti...

Ecaterina Craciun · 15.10.2014 · 10:50 · 1 min
Auto Market Returns To Over 20% Growth After Slow August
Automotive

Auto Market Returns To Over 20% Growth After Slow August

New car registrations rose by 23% to 5,561 units in September compared with the year-ago period, according to the Driver’s License and Vehicle Registration Department (DRPCIV) data, which me...

Loredana Frățilă-Cristescu · 14.10.2014 · 00:00 · 1 min
PostMaster Sees Higher Than Expected Growth In January-August
Companies

PostMaster Sees Higher Than Expected Growth In January-August

PostMaster, a company of the Austrian Post Group, which provides postal services and delivers advertising material to mailboxes, posted growth of 17% in revenue to about EUR6.3 million in th...

Loredana Frățilă-Cristescu · 03.10.2014 · 11:55 · 1 min
ADM Farm Aims To Consolidate Its Business, Return To Growth In 2015
Health

ADM Farm Aims To Consolidate Its Business, Return To Growth In 2015

Romanian pharmaceutical wholesaler ADM Farm wants to consolidate its financial indicators, namely, its profitability and cash flow, in a bid to switch to growth starting 2015, after posting...

Ecaterina Craciun · 29.09.2014 · 20:13 · 1 min
Pharmaceutical Wholesaler Polisano Resumes Growth After Decline Caused By Owner’s Death
Health

Pharmaceutical Wholesaler Polisano Resumes Growth After Decline Caused By Owner’s Death

The downward trend registered by pharmaceutical wholesaler Polisano, following the scandal involving the company’s owner Ilie Vonica who committed suicide early June, stopped and even revers...

Ecaterina Craciun · 29.09.2014 · 17:51 · 1 min
Avon Romania Posts Slight Growth In January-August
Retail&Consumer

Avon Romania Posts Slight Growth In January-August

Sales of Avon Romania, the largest direct sales cosmetics company in the country, rose by less than 5% in the first eight months of the year driven by products like perfume, makeup, men’s pr...

Loredana Frățilă-Cristescu · 22.09.2014 · 00:00 · 3 min
Banks-Insurance

Nine Out Of Top Ten Leasing Companies Post Growth In H1

Nine of the ten largest financial leasing companies posted revenue growth by 9% to 90% in the first half, amid a surprising rebound of the market.

Loredana Frățilă-Cristescu · 28.08.2014 · 00:00 · 2 min
DB Schenker: Romania’s Economy Still Has Growth Potential
Automotive

DB Schenker: Romania’s Economy Still Has Growth Potential

The Romanian economy still has growth potential and its trend in the past year helped the business of transport and logistics companies, DB Schenker Logistics chief executive officer Albin B...

Loredana Frățilă-Cristescu · 22.08.2014 · 00:00 · 2 min