euros
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Insurance market close to 450m euros in Q1
Insurance companies operating on the Romanian market in the first three months of this year underwrote gross premiums totalling 446.4 million euros (1.58 billion RON), stated Nicolae Crisan,...
Black Tuesday costs 1.5bn euros on Bucharest Stock Exchange
The stocks of BRD and Petrom, the largest companies listed on the Bucharest Stock Exchange, yesterday plunged 11.6% and 9.6% respectively. The reason for this slump remains unclear, but many...
Tiriac Auto, mall worth 20m euros
The Tiriac Auto group, which coordinates the activity of six car importers, will invest some 20 million euros to build a centre in Bucharest, which will host all the brands in the portfolio,...
Another 40m euros from London heading this way
Reconstruction Capital II (RC2), the first investment fund listed on the London Stock Exchange (LSE), which focuses on investments in Romania, has raised another 40 million euros beside the...
GDP worth 136bn euros in 2010
Romania''s economy will stand at some 136 billion euros in 2010, 72% higher than the figure seen last year, reveal the current estimates of the National Prognosis Commission. By 2010, the ec...
Vinia Iasi to take out 7.5m euros in credits
According to the company''s spending and revenue budget, winemaker Vinia Iasi will take out credits worth 7.5 million euros (27 million RON) this year to be used for production, to support e...
Broker Cluj invests 2m euros
Broker Cluj, the only brokerage company that is listed on the Stock Exchange, saw gross profit worth over 0.1 million euros (0.37 million RON) last month, an estimated 3-fold increase agains...
Microsoft to invest 13m euros in Bucharest
Microsoft intends to invest 13.1 million euros over a four-year period to set up a technical support centre in Bucharest, a project for which it has requested a number of incentives from the...
BRD profit up to 42 million euros in Q1
BRD Groupe Societe Generale, the second-largest bank in Romania in terms of assets, yesterday announced a 150 million RON (42 million euros) net profit for the first quarter, an increase of...