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Rising oil prices add 40% to top four players' turnover
Petrom, Lukoil, Rompetrol and MOL Romania, the top four players on the Romanian market, whose sales account for over 90% of all petrol and diesel oil sold domestically, posted record figures in the first six months of this year, after rising oil prices brought...
Rising oil prices add 34% to Lukoil turnover
However, procurement expenses also increased and had a negative impact on the company's net income, after Lukoil Romania lost 33% of the net gains worth $17.6m (13.2 million euros), generate...
Auchan, to add another 3-4 stores
French retailer Auchan has invested 40 million euros in its first hypermarket outside Bucharest, located in Targu-Mures, with the domestic arm of the French group announcing an aggressive ex...
Leumi to add $65m to its capital
Bank Leumi's share capital will be raised by $65m (49m euros) to $100m (75m euros), in the wake of the bank's expansion on the domestic market, reads Globes Israeli publication. The bank is...
Mobexpert to add another 19 hypermarkets in the next four years
The Mobexpert group, the leader of the furniture market in Romania, plans to be operating 24 hypermarkets in the region by 2011, four of which abroad and 20 in Romania. Currently, the Mobexp...
Wienerberger to add two or three plants by 2010
Wienerberger to add two or three plants by 2010