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Equest Balkan earmarks 100m euros for Romania
Real estate investment company Equest Balkan Properties, based in the UK, will invest 100 million euros in the acquisition of office and commercial space on the Romanian market. "The Romania...
Artrom needs 25m euros from Russians
Piping manufacturer Artrom Slatina intends to take out two loans, together worth a total of 25.5 million euros, from Sinara Trading, one of the subsidiaries of the Russian TMK Group, the maj...
European Drinks spends 100m euros on beer
The European Drinks food group will invest up to 100 million euros over the next two years to boost the production capacity of their brewery in Draganesti, Bihor County. The company announce...
Viorel Catarama dumps euros and moves to rubles
After having lost nearly 2 million euros from the decline of the euro against the RON, businessman Viorel Catarama, the owner of the furniture manufacturer Elvila is dropping some of his cli...
TMK invests 22m euros in CSR
The Russian TMK Group, the second largest piping manufacturer in the world, which took over Combinatul Siderurgic Resita (Resita Steel Plant - CSR) last year, made 12 million-dollar (over 10...
Finans Leasing reaches 50m euros
Finans International Leasing expects full-year funding to reach 50 million euros, 40% more than last year, now that it has increased its line of funding following its takeover by FinansBank...
Organe de Asamblare investments to total 9.8m euros
The Brasov-based company Organe de Asamblare, which specialises in the production of screws and rivets for use in the automotive industry and railway infrastructure, will carry out an invest...
SEWS derives 75m euros from wiring
Automotive company SEWS (Sumitomo Electric Wiring System), estimates its turnover for this year to stand at some 50 million pounds sterling (75 million euros), an increase of 30% on 2004. "T...
Eurocheese puts 4m euros in cheese plant
Bucharest-based Eurocheese Production and Distribution, a company operating in the dairy industry, has said it will invest 4 million euros next year in the construction of a cheese plant in...