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Foreigners buy shares worth 143m euros
Acquisitions by foreign investors on the capital market hit a record level of 143.2 million euros (521.9 million RON) in January, but sales carried out by foreigners also stood at one of the...
Vincon sales, 30m euros last year
Wine producer Vincon Vrancea in 2005 bottled more than 23 million bottles, mostly of wine. Besides wine, the company also produces brandy and spirits. Vincon Vrancea, one of the most importa...
Food imports worth 2bn euros
The trade balance for foodstuffs saw a deficit standing at 1,348 million euros last year, about 287 million euros more than in 2004, because of the 23% increase in imports, up to 2 billion e...
Omniasig sells insurance policies worth 116m euros
Insurer Omniasig last year posted underwritten premiums worth 421.61 million RON (116.46m euros), up almost 41% in RON from 2004, according to the company''s preliminary data. In the second...
Romanian IT&C, worth more than 4bn euros
The Romanian IT&C sector registered growth of 20% last year. Software exports saw the same rate of growth, reaching 280 million euros. Revenues cashed in from the IT&C industry last year acc...
Summa Romania predicts turnover worth 40m euros
Summa Romania, the domestic branch of Summa, a Turkish construction company, forecasts turnover worth around 40 million euros for 2006, 150% higher year-on-year, company officials say. "Last...
Foreign debt exceeds 24bn euros in 2005
Medium and long-term foreign debt reached 24.4 billion euros at the end of last year, which has grown by 33% to December 2004. The share of the public and of the publicly guaranteed debt inc...
Smithfield invests 6m euros
Frigorifer Tulcea, the biggest frigorific warehouse in Romania, and a member of the American group Smithfield, is investing 6 million euros in the first frozen vegetable plant in Romania. Th...
Mutual funds, 10m euros richer last month
The value of mutual funds'' assets in January grew by around 10 million euros (36.4m RON), exceeding the 100m-euros mark, indicating a rise of small investors'' interest in collective placem...