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620m euros from 20 investors in December
The top 20 foreign investors pumped funds of over 620 million euros into the share capital of Romanian companies, according to data presented by the National Trade Registry (ONRC) for last D...
A&D Pharma evaluates business at 300m euros
A&D Pharma, which comprises the Sensiblu drugstore chain and drug distributor Mediplus, has evaluated its business on the Romanian market at approximately 300 million euros, an amount regist...
Kia sales up to 20m euros
Kia Rom Auto, the importer of Korean brand KIA on the domestic market, last year sold almost 1,200 cars, 20% above estimates. "We had about eight-nine months at our disposal last year, since...
Fornetti sells pastries totalling 17m euros in 2005
The widest franchised network in Romania (450 stores) estimates that it will make 26 million euros in turnover this year, an increase of 50% on 2005. The pastry company Fornetti Romania, whi...
Perfumes lift Avon''s business to over 100m euros
Avon Cosmetics Romania, the domestic branch of the US cosmetics giant, concluded the 2005 fiscal year with 128 million dollars (106m euros) in turnover, an increase of 18.5% on the previous...
Cosmote moves to America House for 3.5m euros
The mobile telephony operator Cosmote Romania has rented more than 3,000 square metres of office space in the America House project located in Piata Victoriei, according to real estate marke...
Bets on exchange rate from 50,000 euros
The individuals that have more than 50,000 euros available and believe they have an accurate enough vision of the trends on the forex market so as to afford to bet on them, can invest their...
Petrom invests 70m euros in offices
Petrom, the largest company on the market and a member of the Austrian OMV Group, is building its own headquarters in Straulesti, north of Bucharest. The complex, whose development will be p...
Piraeus Bank invests 40m euros to double assets
The Piraeus Bank has announced ambitious growth plans, scheduling investments worth 40 million euros to expand its network, its IT system, and to develop alternative distribution channels. "...