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Brokers gain 800,000 euros from Transelectrica''s listing
The syndicate of brokerage companies, which will handle the floatation of power grid company Transelectrica, will collect a fee worth almost 800,000 euros if it manages to sell all the share...
Enel pays 820m euros to take over sale of electricity in Bucharest
The Italians submitted a financial bid worth a total of 820.09 million euros for 67.5% in the electricity distributor of the Capital, which will be the value of the privatisation contract. T...
100m euros more for Bechtel
The Ministry of Transport, Construction and Tourism intends to supplement the funds allocated to the building of the Bucharest - Bors highway for this year with 100 million euros, increasing...
Timisoara sells bonds worth 42m euros
The consortium made up of BCR and its brokerage company BCR Securities will sell the biggest bond issue on the Romanian market, which is worth 150 million RON (42 million euros), launched by...
Foreign direct investment to reach 9bn euros
Foreign direct investment in Romania could reach 9 billion euros this year, a 73% increase against 2005, given that the Romanian Agency for Foreign Investment (ARIS) forecasts FDI flows wort...
Ruwel plans sales worth 50m euros next year
The German company Ruwel AG estimates sales worth 30-50 million euros for next year, according to the chairman of the company''s Board of Directors, Wilfried Sehner. Ruwel will start buildin...
Flat tax pushes insurance market toward 4-5bn euros
The introduction of the flat tax will take the insurance market toward 4-5bn euros in 2010, due to the higher volume of disposable income the population and companies will benefit from, esti...
RomTelecom Q1 net income, 18.7m euros
Fixed telephony and data operator RomTelecom announced net income of 18.7 million euros for the first quarter of this year, up 43.5% from the same time in 2005. Revenues, however, were down...
Medsana invests 0.8m euros in Ploiesti clinic
Medical service provider Medsana, a member of the Greek group Athens Medical, will invest 800,000 euros to open a clinic in Ploiesti by the end of this year. Medsana currently has three clin...