and
1.140 articole · RSS
Spanish Detea and Lar: 1bn euros in real estate and energy
Spanish groups Detea and Lar intend to invest 910 million euros within the next two years in developing real estate projects, as well as projects in energy and agriculture. The wave of inves...
Petrom has oil and gas reserves worth 10 billion dollars
The oil and gas reserves of the biggest Romanian company, Petrom, are currently worth 9.53 billion dollars (7.1 billion euros), and are the most valuable asset of the company, reveals an ana...
Bank of Cyprus: 500m euros for credits in Romania and Russia
The Bank of Cyprus intends to sell bonds worth 500 million euros, and the funds therefrom raised will be allocated for granting funding to the clients of the group in Romania and Russia, two...
Tina R sells 49% of its shares to aid expansion and BSE listing
The shareholders of the clothing stores chain Tina R sold 49% of the company's shares through a capital increase worth 3 million euros, with two targets in mind: expansion onto the local mar...
Banks and brokers unable to sell compulsory pensions directly
Banks, brokers, and financial investment service companies (SSIF) will be unable to sell compulsory pensions (the 2nd pillar) directly, as the Private Pension Supervision Commission (CSSPP)...
ATE Bank: 88 new branches and 5-fold loan increase in 3 years
ATE Bank Romania, the former Mindbank, is set to focus on the retail segment in a bid to achieve an almost fivefold turnover increase in the next three years. "We must get the number of indi...
Albalact and Romaqua plant builder estimates 25m-euro turnover
The Alba-Iulia-based Pomponio company, the constructions company behind the Romaqua group's brewery and a new production facility for Albalact expects to derive a turnover worth 25 million e...
Ventilation and air conditioning systems, a lucrative seasonal business
Firms exploiting the need for ventilation and air conditioning systems are boasting turnovers as high as one million euros or even more. Entering this market is not an easy task given the hi...
Three Aston Martins and a Lamborghini sold to Romanian buyers
Three Aston Martins and one Lamborghini, with a total value ranging between 500,000 and 600,000 euros have already been sold in the second day of the Luxury Car Show. Organisers say that, by...