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Coffee and chocolate take Kraft turnover beyond 100m dollars
Kraft Foods Romania, one of the major players on the chocolate and coffee market, ended last year with turnover worth 100 million dollars (80.4 million euros), up 18% from 2004. "We expect t...
Mergers and acquisitions worth 5.8bn dollars
With mergers and acquisitions totalling 5.8 billion dollars (4.6 billion euros) last year, Romania is currently second in the regional market, in a ranking calculated by the total number and...
Dufa founder makes second exit for 16 million dollars
Marius Ivan, one of the founders of the paints and enamels business Dufa Romania collected 16 million dollars (13 million euros) from the sale of the 35% stake held in Henkel Bautechnik Roma...
10m dollars for Carpatair
Carpatair closed a 10-million dollar contract with SITA for a seven-year period, in order to completely automate services provided to its clients and its administrative activity, with the in...
Rompetrol invests 25m dollars
The petroleum group Rompetrol, run by businessman Dinu Patriciu, was granted concession to exploit natural gas in Golesti (Arges county), for which it announced an about 25 million dollar (s...
Petromidia turns over 1bn dollars in six months
Petromidia turns over 1bn dollars in six months
UPC takes over Astral Telecom for 420 million dollars
UPC takes over Astral Telecom for 420 million dollars
PepsiAmericas acquires 49% in QABCL for 51m dollars
PepsiAmericas Inc has acquired 49% in the outstanding common stock of Quadrant Amroq Bottling Company Limited (QABCL) for 51 million dollars. QABCL is a holding company that, through subsidi...
Rompetrol to sue Romanian state for hundreds of millions of dollars
Rompetrol will file suit with a World Bank arbitration court for damages incurred as a result of actions taken by institutions of the state. The central elements of the case include a letter...