Archive » February 2008 » 14 February 2008 The english news from 14 February 2008
Romania's Flamingo International eyes triple sales of notebooks this year on higher demand
IT&C distributor Flamingo Intentional, one of the key players on the Romanian market, said it is targeting to triple laptop sales this year on, foreseeing a growth in demand on a developing market estimated to reach 400 million euros this year…
Mobile phone operator Cosmote counts more than 15m clients in five European countries in 2007
Mobile phone operator Cosmote, member of Greece's OTE Group, which operates in Greece, Romania, Bulgaria, Albania and Macedonia, reached more than 15.5 million clients in the five European countries at the end of 2007, according to a company release…
Romania is one of the most expensive locations for office spaces worldwide, Cushman & Wakefield says
Romania ranks 35 among the most expensive locations for offices worldwide as rents reached 21 euros per square meter in downtown Bucharest last year, according to the "Office Space Across the World 2008" study made by the real estate company Cushman & Wakefield…
Life insurance policies could reach a quarter of the Romanian insurance market at the end of 2010
Life insurance could cover a quarter of the Romanian insurance market at the end of 2010, reaching 3 billion lei, underpinned by investments and economic development, according to the general manager of ING Asigurari de Viata, the unit of Netherlands' biggest financial-services company ING Groep NV…
Romania's ARCE and Netherland's SenterNovem sign memorandum to collaborate in the power field
Romania's Energy Preservation Agency (ARCE) inked today a memorandum for collaboration in the power field with SenterNovem, an agency of the Dutch Ministry of Economic Affairs, a release reads…
EU to spare Romania of the infringement procedure for budget deficit, Romanian Economy minister says
Romania will not be target to the so-called Excessive Deficit Procedure (EDP), Economy and Finance Minister Varujan Vosganian said at the beginning of a government meeting today where he presented the results of talks he had with the European Commission's representatives…
Joining the EU shrinked profits of Romanian companies, prognosis commission shows
The 26.3 percent net profit hike posted by Romanian companies in the first half of last year was sluggish compared to the same period of the previous year and the percentage of profitable companies continued to slump, according to National Forecast Commission (CNP)…
Romania's oil company Rompetrol to spend 340m U.S. dollars for expansion plans this year
Rompetrol Group, the second-largest oil company in Romania, will invest more than 340 million U.S. dollars this year on expanding activities, according to the company's president, Dinu Patriciu…
Real estate company RealTime will spend EUR 9.5m for a new residential project in Bucharest
Real estate company RealTime will present four residential projects of 50 million euros at the apartment fair Condominium which will take place in Bucharest this week and will present new residential project of 9.5 million euros, according to the company…
Erste Bank to make its debut on the Bucharest Stock Exchange, analysts expect it to hike liquidity
Erste Bank, the main shareholder in Romania's largest bank by assets Banca Comerciala Romana (BCR), will list shares on the Bucharest Stock Exchange (BSE) on February 14; the market expects the listing to draw more liquidity despite turmoil on the international markets, analysts said…