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Dacia wants another 100m euros
Dacia wants another 100m euros
Copos looking to build another hotel
George Copos, owner of the Ana group, claims that the almost 25m euros he invested in the Eforie Nord hotel complex have "shaken" him, but he will continue to invest in the hotel industry. T...
Broadhurst wants another bread factory
American investment fund Broadhurst has announced plans to put out a tender offer for Panificatie Postavarul Brasov. The fund holds Ramnicu Valcea-based Vel Pitar, one of the leading bread p...
Another year of massive losses for Tractorul
Agricultural equipment maker Tractorul Brasov (UTB) concluded last year with 910bn ROL losses ($27 million), as its expenses were almost twice higher than its revenues. Losses fell slightly...
Another year of 20% growth for Ductil
Welding electrodes manufacturer Ductil Buzau saw 22% net profit growth in 2003, following similar growth in the year before. The company's shares, listed on RASDAQ, have gained more than 60%...
Electrolux to invest another 4.5m euros
Swedish group Electrolux will invest 4.5m euros in its cooker plant based in Satu Mare, Romania. According to Electrolux Romania officials, the Swedish group's investments total 14.3m euros,...
Zapp is looking for another $100 million to expand its business
Telemobil, the operator of the mobile telephony network Zapp, is in advanced talks over getting a foreign funding worth approximately $100 million, which money will be used for network expan...
UniCredito feeds another 10m euros into Romanian business
The Italians at UniCredito will invest another 10 million euros in their Romanian operations by yearend, as they plan to be among the leading players in the Romanian banking system. The nich...
Another two funds choose longer life
Société Générale Romania Fund (SGRF) and Romanian Investment Fund (RIF), two of the leading foreign investment funds in Romania, are planning to extend their life span by two years, so that...