euros
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Raiffeisen invests 6m euros in 40 branches
Raiffeisen Bank, the third largest bank on the market, plans to make investments worth about 6 million euros to expand the 40-branch network to a total 255. In the first half of 2006, the ba...
Reinert spends 15m euros on cold cuts plant
The general manager of the Reinert charcuterie producer, Ovidiu Bocaniciu, says that before starting production, the company needs to have functional partnerships in place with companies ope...
Dacia to boost turnover by over 1bn euros
French Renault Group, which makes the Logan model, will boost the production capacity of the plant in Ploiesti from 235,000 to 350,000 units by January 2008. This will increase the turnover...
106.2m euros from the World Bank
World Bank's Executive Board has approved a 106.2 million-euro loan in Washington, which will be granted to Romania as funding for a municipal services project, the international financial i...
Office equipment business to reach 400m euros in 5 years
The market of stationery products, office supplies and office furniture might double by 2010, amid the large number of companies entering Romania and the rising number of "office" employees....
Marr Group to invest 70m euros in housing
The prices for plots of land in the Capital, especially in central areas, are the most expensive in the region, according to Marat Safin, president of the Marr group, which is developing the...
Fornetti makes 3.5m euros from pastries
Pastry producer Fornetti last year posted a turnover worth 62.7 million RON (17.3 million euros), a 47% increase against 2004, and a gross profit worth 12.8 million RON (3.5 million euros),...
Mondragon spends 5m euros on aluminium rim plant
Spanish group Mondragon, which has made 11 billion euros in revenues worldwide, will invest some 5 million euros in an aluminium rims plant, located in the West of the country, through Mapsa...
ARoBS expects turnover worth 2m euros
The management of the ARoBS Transilvania Software company estimates it will reach turnover totalling around 2 million euros by the end of this year, 125 percent higher than 2005, when turnov...