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Inscut business to reach almost 7m euros
Inscut, a company operating in the field of constructions and of sales of constructions equipment, estimates a 15% increase in turnover for this year, to 6.7 million euros, according to comp...
Aerotravel business plan tops 23m euros
Aerotravel Lufthansa City Center travel agency, one of the top five players on the local market, has budgeted a 20% increase in turnover for this year to 23.5 million euros, stated Antonio N...
Actavis buys Sindan for 150m euros
The Icelandic pharmaceutical company, Actavis, has acquired the local oncologic drugs producer Sindan in a transaction valued at some 150 million euros. Actavis acquired both the production...
Magnetti invests 4 million euros in prefabs
According to company officials, Magnetti Prefabricate, the local branch of the Italian producer of construction materials, will post a turnover of 4.5 million euros in 2006, in its first yea...
Automotive industry grows by 1bn euros a year
The value of the Romanian automotive industry will go up to 4.7 billion euros this year, an increase of about one billion euros from last year, according to ACAROM (Association of Carmakers...
Marriott makes 17m euros from food and events
Restaurants and events last year accounted for 40% of the business in the five-star JW Marriott. The hotel''s turnover for 2005 was estimated at 42 million euros. Revenue from the restaurant...
Alro invests 25 million euros in Alprom
Aluminium alloys producer Alprom Slatina, controlled by Alro Slatina, the biggest primary aluminium smelter in Central and Eastern Europe, this year intends to make investments worth some 30...
Beer market stays at 600m euros
Beer consumption last year saw a 4.7% increase to 15.2 million hectolitres due to a 43.5% increase in sales of beer in PET bottles compared with 2004. The increase of consumption in the PET...
Germans invest 10m euros in cardboard
The THIMM group, one of the leading suppliers of packaging materials on the German market, will invest 10 million euros in building a plant, which manufactures corrugated cardboard in Sura M...