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Deals total 500m euros for FMCG and services in 2007
One third of deals concluded last year on the services and FMCG (fast moving consumer goods) market were worth over 20 million euros each, but no deals worth over 100 million euros were reco...
UPC: Internet and telephony offset video decline
The turnover of UPC Romania, the biggest cable TV operator on the domestic market, went up by 16.2% last year to 173.2 million euros, as a result of growth on the telephony and Internet segm...
Lafarge invests 35m euros in aggregates and concrete
French group Lafarge has earmarked investments worth 125 million RON (35 million euros) to develop its aggregates and concrete unit in 2007 and 2008, both through acquisitions and the implem...
Immoeast pays 200m euros for former Rocar and other plots of land
Austrian investment fund Immoeast has acquired the real estate portfolio of UK-based Longbridge for some 200 million euros. The portfolio comprises several plots of land, such as the site of...
Robert Dallek - Nixon and Kissinger: Partners in Power
Harper Perennial, 2007 "Putini presedinti au fost atat de complecsi precum Nixon: timid si totusi hotarat; nesigur si totusi decis; neincrezator in intelectuali si totusi profund reflexiv in...
Cruises register 50% growth and 3,000 passengers
The number of packages sold for cruise ship holidays increased by around 50% last year, and reached 3,000. Although the price of a cruise can reach 27,000 euros, travel agencies believe a si...
Fermented milk drinks and ice cream sales grow faster than dairy market's
Sales of dairy products went up by more than 20% last year, having increased faster than the entire consumer goods market. However, the stars of 2006, milk and desserts, were left behind by...
Realkapital and Cushman & Wakefield launch real estate fund
Norwegian-based investment fund manager Realkapital Partners will, together with Cushman & Wakefield, launch an investment vehicle with a capitalisation target worth 200 million euros, which...
Prima Pensie and OTP poised to sell mandatory pension funds
Market sources have hinted to ZF that Prima Pensie and OTP will sell their mandatory private pension funds, after they launched negotiations with other pension managers with a view to exitin...