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BitDefender appraised at 100 million dollars
Seven Romanian and American investors paid 7 million dollars (4.8 million euros) to buy a minority stake (less than 7%) in Romanian software security solutions developer BitDefender. The bus...
After 12 years, PRO TV is worth one billion dollars
"Good evening, Romania! Good evening, Bucharest!" It has been 12 years since that December 1, 1995 when Andreea Esca used these words to announce the launch of the PRO TV channel, a channel...
Patriciu: Price of oil per barrel will reach 150 dollars within the year
Dinu Patriciu, chairman of the petroleum group Rompetrol, believes the price of oil per barrel could reach 150 dollars next year, while competitors - Petrom, MOL and OMV - are confident the...
Arcelor Mittal invests 53m dollars in environmental projects in Galati
Arcelor Mittal Galati, the largest steel plant in Romania and a division of the ArcelorMittal group, leader in the world ranking of steel producers, has 64 ongoing environmental projects, wo...
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...
Ranbaxy plans to invest over 20 million dollars in Terapia in two years
Indian giant Ranbaxy plans to invest over 20 million dollars in the next two years in local producer Terapia, which it acquired last year following a 324 million-dollar (270 million-euro) tr...
Julius Baer spends more than 350m dollars on the Stock Exchange
The investment funds managed by the US branch of the Swiss Julius Baer bank, reached an exposure of more than 355 million dollars (270 million euros) on the Bucharest Stock Exchange at the e...
Europe Israel pays 23.3 million dollars to get into Radio House
Dambovita Center Holding, controlled by Israeli group Europe Israel paid Dambovita Limited 23.36 million dollars for a stake of 75% in the company that will develop the project on the site k...
Copper bankers require 600 million dollars
Copper and wire manufacturer Cuprom has hired international banks Merrill Lynch and Deutsche Bank to raise 600 million dollars (450 million euros) to finance the acquisition of assets and li...