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Metro spends 5 million euros on consolidation
Metro will invest 5 million euros in "consolidating" the stores it owns until next spring and will no longer rely on opening new outlets for growth. "We intend to boost the number and qualit...
Furniture production goes up 5% to 317m euros in Q1
Furniture production in the first quarter of this year advanced slightly to 317 million euros, rising from the 301.2 million euros registered in the similar period of last year, amid rising...
Real opens second hypermarket in Romania with 12m euros
Real Hypermarket Romania, the company that operates Real hypermarkets on the domestic market, has invested over 12 million euros to open its second Romanian outlet, in Constanta. Real, the h...
Boromir, 12m euros in bread factories
The Ramnicu-Valcea-based Boromir Ind group of firms, one of the leading bread manufacturers in the country, will invest 12 million euros in the milling and bakery sector by the end of this y...
Cotroceni Park to invest 165m euros
Africa-Israel Europe and New Century Holding (NCH) will invest some 165 million euros in a real estate project, developed on a 120,000 square metre plot of land in the Timisoara Blvd area in...
GTC invests 56m euros in 2 office buildings
Real estate developer Globe Trade Center (GTC), one of the most dynamic developers on the local real estate market, will invest 56 million euros to build two class A office buildings, with a...
Broadhurst and Property Fund to get 7m euros for Otelinox shares
A number of Otelinox Targoviste shareholders, including Broadhurst investment fund and the Property Fund, whose stakes total 19.84% together, filed for exiting this company and are to get 25...
BT raises 34 million euros
The shareholders of Banca Transilvania subscribed shares worth 120.8 million RON, that is 97.2% of the total shares offered, the lender announced. The Extraordinary General Meeting of Banca...
Renault pumps another 178m euros in Logan
The French group Renault, owner of Automobile Dacia, intends to invest 178 million euros in the Pitesti plant, by the end of 2007, stated Jacques Abot, commercial manager of Automobile Dacia...