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More investments in Algozone and Paracetamol
Britain''s Ozone Laboratories will triple its production capacity for the pharmaceutical products made at the Fabiol Bucharest plant, as part of its 5.8m- euro investment plan for this year....
American and Romanian interests: don''t assume they''re the same
Romania''s post-communist foreign policy can be divided roughly into three phases. The first phase, between 1990 and 1996, saw Romania''s foreign policy as a victim of the country''s directi...
35m-euro turnover and 350,000 passengers for Blue Air
Blue Air, the low-cost airline, expects 350,000 passengers and turnover worth 35 million euros this year, after exceeding the estimations projected for the level of turnover in 2005 by 33%....
ACE starts work for Renault and Citroen
ACE Romania, producer of electric automotive parts will start production for Renault''s Clio and Megane models, as well as for Citroen in a few months. "We have been in talks for a few month...
WindJet to fly to and from Romania as of April
The Italian airline WindJet, specialising in low-cost flights, will launch Forli-Bucharest flights as of April, when the summer schedule starts, with passengers from Romania having the possi...
BDG: Jack Daniel''s and Finlandia, 60% of turnover
BDG Import, the importer of Corona beer and Evian mineral water, projects 50% turnover growth, to 12 million euros for this year, after it took over the import and distribution of Jack Danie...
Floods and accidents drive Allianz-Tiriac profit down
Allianz-Tiriac, the leader of the insurance market, posted a 9 million-euro net profit last year, derived from the general insurance business. The profit was down 10% from 2004, despite a 30...
IT and real estate, top profit makers
George Doholici, the general manager of Jules Verne Imobiliare, the real estate developer, which is building 10 million euro block of flats in Bucharest, says investments in IT and real esta...
Broadhurst delists Vel Pitar and Winmarkt
Broadhurst investment fund approved the delisting of two of the companies it owns during the General Meetings held at the end of last week. The two companies are bread producer Vel Pitar and...