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Fewer workers to make 1.6bn euros worth of furniture 2010
Furniture production is set to advance gradually to 1.6 billion euros by year 2010, while the number of employees will decrease. Furniture consumption is going to get close to 900 million eu...
Dafora Medias sees business worth 37m euros
Dafora Medias, a company involved in oil drilling and constructions, posted a net profit worth 6.4 million RON (1.8 million euros) at the end of last year, an approximately six-fold increase...
Mondex targets sales worth 8m euros
The management of Mondex Sibiu, one of the leading manufacturers of women''s stockings in Romania, estimates sales worth over 8 million euros this year, a 15% increase against last year. The...
Fruhwald plans to spend 40m euros in Romania
Officials of the Austrian company Fruhwald, specialising in the production of cement prefabs, have announced that they intend to invest some 40 million euros in Romania in the next 10 years,...
Losses of 6.2m euros for Astra Asigurari
Astra insurance company closed the 2005 financial year with total losses of 6.2 million euros (22.4 million RON), 5.2 million euros of which come from general insurance, reads a report of th...
Guarantee Fund has 150m euros available permanently
The bank deposit Guarantee Fund (FGBD) has signed the agreements for stand-by lines of credit with commercial banks in the system, thanks to which it can attract funding of up to 150 million...
Drug sales, up to 350m euros in Q1
The Romanian pharmaceutical market in the first quarter of this year reached the level of 350 million euros in acquisition prices, up 13% from a similar period last year, according to prelim...
RBL sells 243m euros worth of saving-lending contracts in one year
Raiffeisen Banca pentru Locuinte will double its assets this year to 80 million euros, says Ionut Costea, the chairman of the institution, who expects to sell 70,000-80,000 saving-lending co...
Paralela 45 makes 4m euros from Chicco products
Paralela 45 Turism this year estimates a 15% growth in turnover, as it attained a contract to import Chicco children products. "Last year, national sales stood at 4 million euros, 25% more t...