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Royalton Partners want to invest ?50m on local market
Ivan Vohlmuth, a partner with Swiss private equity firm Royalton Partners, says financial assets in Romania are the most expensive in Central and Eastern Europe. Having entered the local market at the end of last year, following an investment estimated at one...
Baby food market nears 50m euros
"The baby food market will reach around 52 million euros at the end of this year, up 22.6% compared with the 43 million euros derived in 2007, when it registered a 28% increase on the previo...
Azomures value more than doubles and reaches 50m euros
The shares of chemical fertilisers producer Azomures (AZO), based in Targu Mures, have become Stock Exchange stars, in the wake of an 140% increase since the end of April, amid an optimistic...
Dogan taps into real estate sector with 50m euros
Turkish group Dogan, the owner of the largest media group and leading petrol station network in Turkey, has purchased a 55,800 square-metre plot in Bucharest for 48.9 million euros, Bloomber...
Porsche Broker sells 50m euros' worth of policies
Porsche Broker, the insurance broker of car importer Porsche, handled insurance policies worth 167 million RON (50 million euros) last year. Porsche is vying for the top position on the mark...
Elmiplant to take Sarantis' business to over 50m euros
Sarantis Romania, the local branch of the Greek cosmetics distributor with the same name, which paid 6.5 million euros for the Elmiplant producer, forecasts business worth 52.3 million euros...
Romanians spend 50m euros on Christmas travel packages
Over Christmas and New Year around 160 million Romanians took holidays away from home and spent over 50 million euros. "Around 40,000 Romanians chose to travel abroad, up 25% against the sam...
GFR owner invests 50m euros in hotels
Businessman Gruia Stoica, who controls rolling stock company Grup Feroviar Roman through Grampet, plans to invest over 50 million euros in the hospitality industry. The main investments will...
Producers derive profits of almost 50m euros on the pharmaceutical market
The main drug manufacturers in Romania registered profits of approximately 50m euros last year, compared with over 35m euros posted in 2005, according to ZF data. As a result, the biggest do...