equipment
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Upetrom 1 Mai Ploiesti slashes 600 jobs
Upetrom 1 Mai Ploiesti, a company specialising in supplying equipment and services for the petroleum and gas industry, controlled by Constanta-based businesman Gabriel Comanescu, will let around a quarter of its employees go by the end of this year amid a dras...
Cameron: The plant in Ploiesti will generate 200m-dollar revenues
US Cameron, a group with 6bn-dollar turnover, specialising in equipment and services for the oil industry, says the new production facility opened in Ploiesti has the capacity to generate tu...
Alstom spends 150m euros on power-generating equipment plant
French industrial group Alstom, one of the largest providers of power generation services and equipment, with turnover worth 17 billion euros, will build a 150 million-euro plant near Buchar...
Construction boom boosts equipment leasing
The construction and industrial sectors continue to be the drivers of the equipment leasing market and account for 92% of the total funding granted in the first half of the year, according t...
Constructions sector dominates equipment leasing
The constructions sector dominated the market of equipment leasing and accounted for 37% of the overall funding granted in 2007, indicates data from ALB (Leasing and Non-Bank Financial Compa...
Daily cargo flights to deliver Ford equipment
Ford is expected to start daily cargo flights to Craiova Airport in mid-March in order to deliver equipment to Automobile Craiova, after the company conducted an audit of the airport. Alongs...
Car leasing to be outranked by equipment leasing
The growth rate of car leasing is expected to slow down within the next three years, with equipment financing to begin to gradually dominate the market, according to Septimiu Postelnicu, exe...
RAEF's follow-on fund buys equipment rental business
Balkan Accession Fund (BAF), the follow-on fund of the Romanian-American Enterprise Fund (RAEF), has signed an agreement to take over 90% of equipment rental company Industrial Access in Buc...
Irum sells 6.5m euros' worth of farming equipment
Reghin-based Irum, which manufactures farming and forestry equipment, posted over 6.55 million-euro turnover in the first nine months of this year, up approximately 44% in RON against the sa...