announces
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BCR announces dividends, elects Supervisory Board members
The BCR is to pay 367 million RON in dividends for 2006, which will equal around 110 million euros at the current exchange rate, almost 2.2% higher than in 2005. The decisions were made at the General Meeting of Shareholders yesterday. The value of the dividen...
Siemens announces plan to take over Frosys
Siemens SRL has announced it intends to take over 100% of the shares of automation company Frosys SRL, based in Cluj-Napoca. It also intends to integrate the Cluj-based company into its divi...
Kober announces investment to increase production
Kober announces investment to increase production
Petrom announces investment in region's biggest finance & IT centre
Petrom announces investment in region's biggest finance & IT centre
Israel's Engel announces third real estate project in a month
Israel's Engel announces third real estate project in a month
Termoelectrica announces 37m-euro losses
State-owned electricity producer Termoelectrica closed 2005 with gross losses worth 37.6 million euros (135.5 million RON), over two times more than in 2004, when the company posted losses w...
Copos announces resignation from Government
George Copos has announced that he handed in his resignation from the position of state minister to Premier Calin Popescu Tariceanu yesterday. He did this because he was unhappy that his pro...
Vladescu announces speedier CEC privatisation
The Government will announce the deadline for submitting final bids for the privatisation of CEC (Savings Bank) in the next few weeks, once the revised strategy for the sale of a 69.9% stake...
AIG Life announces 10m-euro sales
Life insurance company AIG Life posted gross underwritten premiums worth 34.8 million RON (almost 9.8 million euros) in the first quarter, a 46% growth against the same period last year. In...