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Private equity funds bring in half a billion euros
Romania attracted private equity investments worth 476 million euros in 2007, four times more than in the previous year, ranking second in Central and Eastern Europe in terms of the number of deals sealed, according to a survey conducted by the European Privat...
Asset sale could bring Romcarbon into the black
Romcarbon Buzau, one of the leading manufacturers of plastic sheets and profiles, estimates a 90.6m-RON (25.64m-euro) turnover for this year, a similar level to last year's. In 2007, the com...
Local agencies bring 7% of IMSG's business
Local operations of the communications group International Marketing&Sales Group (IMSG), which last year bought 70% of advertising agency Friends Advertising, will amount to around 7% of the...
Competition may bring rent in shopping centres down by 40-50%
The value of rent in shopping centres could go down by 40-50% over the next few years compared with 2008, due to fiercer competition on the market, believes Luiza Moraru, head of the retail...
Infrastructure works bring Electrogrup 20m euros
Cluj-based Electrogrup, which builds electrical infrastructure projects, as well as telecommunications and civil engineering projects, estimates turnover worth over 20 million euros this yea...
BCR Viata: Bancassurance will bring 75-80% of our sales
BCR Asigurari de Viata (BCR Life Insurance), a company set up by the BCR group at the end of 2005, closed last year with turnover worth 85 million RON (25.5 million euros), which includes 62...
Global food shortage to bring high gains for big farmers
The increasingly high demand for food and biofuels (which are promoted by the EU) will bring Romanian farmers business increases of up to 30% against 2007. The cumulated business of the lead...
Bike sales bring DHS turnover to 20m euros
Hunedoara-based group DHS, which manufactures bicycles and sells scooters & ATVs, forecasts sales worth around 20 million euros this year, double the level registered in 2006. "This year's r...
BCR to bring five funds onto the market by mid-December
BCR Asset Management, the investment management division of the financial group BCR-Erste, will launch five open-end investment funds on the market midway through December, two months after...