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Business software and IT services market to top 200m euros
The value of local software and IT consultancy services for companies will reach 200-300 million euros in two or three years, against the approximately 100 million euros last year, according...
NBR''s gold reserve appraised at 1.47bn euros in late 2005
The National Bank of Romania withdrew its monetary gold deposits from Barclays and Morgan Stanley, choosing to keep those with the Bank of England, Nova Scotia and Fortis Bank Brussels, wort...
GEFCO makes 7.5m euros from logistics and transport
French company GEFCO, a part of the Peugeot-Citroen group estimates it will post a turnover worth 7.5 million euros from logistics, distribution and transportation of goods in its first year...
Orange set to invest 22m euros in 3G services
Mobile telephony operator Orange Romania on Tuesday launched 3G telecommunication services in Bucharest and Timisoara. In July the firm plans to expand coverage to Brasov and Cluj-Napoca, as...
Business of 39m euros for Autoliv
The producer of seat belts and gas generators for airbags Autoliv Romania estimates it will post a turnover worth 30 million euros in 2006, a two-fold increase against the 12.8 million euros...
QVT and Broadhurst ready to pay 126m euros for Asirom
Investment funds Broadhurst and QVT, the main minority shareholders of Asirom, have submitted documents to the National Securities Commission (CNVM) for a tender offer to buy Asirom shares,...
Offices worth 12m euros near Iulius Mall Cluj
The Iulius Group will increase the amount it is to invest in Cluj-Napoca for the building of a mall by 12 million euros, having decided to also erect an office building near the shopping cen...
SAP invests 4m euros to open consulting centre
Germany''s SAP company, the world''s biggest business software producer, plans to open a near-shore consulting centre in Romania, Wolfgang Runge, general manager of SAP for the EMEA region (...
Agrana''s sugar business generates over 117m euros in revenues
In the 2005/2006 financial year ended in February, Agrana Romania, the branch of the Austrian group Agrana, posted a turnover worth 117.8 million euros, a 52.3% increase against the previous...