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Logan boosts Rombat profit to 3m euros
Rombat Bistrita, a car battery producer, last year registered profit worth 3 million euros (10.8 million RON), 38% higher year-on-year. At the same time, the company''s turnover advanced by...
Holzwerk invests another 3m euros
The Austrian company Holzwerk Karl Soukup will conduct an investment worth 3 million euros this year to acquire a new line to process veneer. The company opened a plant processing logs by ve...
Mutual funds speed up towards 1bn euros
The mutual funds market will go beyond 1 billion euros by 2010, according to analysts. The main players are already striving to secure a solid share of the market. Fund managers are banking...
Electrica posts record-high profit: 197 million euros
Electrica SA logged 197 million-euro net profit last year, a record value for a company still fully owned by the state. Electrica is a top five company in Romania in terms of turnover. The p...
Irrom allocates 5m euros to boost radiator production
The subsidiary of Italy''s Irsap group, Irrom Industrie, which produces tubular steel radiators, has for this year earmarked approximately 5 million euros to construct a new production facil...
NBR adds another 147m euros to reserve
NBR''s foreign currency reserve reached 18.29 billion euros at the end of April, an increase of a little more than 147 million euros compared with the previous month. The increase was visibl...
Agroindustriala Bucium invests 4.5m euros
Agroindustriala Bucium, one of the medium-sized players on the wine market, will invest 4.5 million euros this year to retool the winemaking facility in Bucium and to acquire new vineyards....
Pharmaceutical market heading for 2.5bn euros
The Romanian pharmaceutical market is likely to go beyond the 2.5bn-euro mark over the next five years, whereas competition between the main players will become tighter. "Over the next four-...
1bn euros in foreign investments
This year, foreign investments have been off to a spectacular start, according to provisional data from the National Bank, which pointed to a level of one billion euros, almost double that o...