euros
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Riso spends 1m euros to change rice perception
The commercial manager of the domestic branch of Europe''s largest rice producer says the company will invest more than one million euros in promotion this year, in order to change the Roman...
Foreign businesspeople spend 845 million euros in Romania
The foreign tourists brought more money in Romania in 2005 than Romanians spent during their trips abroad after 1989. Business travel was the drive of the industry, which collected 845 milli...
Dexia: Municipal funding to reach 40bn euros
The local market of municipal funding will reach approximately 40 billion euros in the next ten years, says Reinhert Platzer, chief executive of Dexia Kommunalkredit Bank, and he wants a lar...
Porsche Romania targets 500m euros
Porsche Romania, the biggest car importer on the local market, estimates a 500 million-euro turnover for this year, given an increase in its revenues from the service operations. "Car sales...
Bancpost HQ bought for 24m euros
The British real estate investment fund European Convergence Property PLL acquired the office building PGV Tower, housing Bancpost''s headquarters through a 24-million euro transaction. The...
SIF Muntenia sells 120 ha of land for 17.5 million euros
SIF Muntenia sold approximately 120 hectares of urban land located in a commune south of Bucharest for 17.5 million euros (62 million RON), approximately 15 euros per square metre. SIF Munte...
Constructions market could reach 7bn euros
The constructions market could increase this year by about 15-20% from 2005 to a 7 billion-euro level, according to Gheorghe Polizu, chairman of the Association of Construction Companies. (P...
Impact wants to raise 40m euros from investors
Impact Bucharest, a real estate development company, intends to implement a share capital increase by 30 million euros and a bond issue worth 10 million euros this year, to bolster the finan...
700m euros disappear into thin air in a single day
The blue chips of the Bucharest Stock Exchange ended yesterday having declined by up to 6 percent, with no precise cause having been pinpointed. This was perhaps an attempt on the part of sp...