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SIF Transilvania puts 1.2m euros more in tourism
The shareholders of Turism, Hoteluri si Restaurante (THR) Prahova decided to increase the share capital of the company by 4.5 million RON (1.23 million euros), by contribution in cash from s...
German fund pays 3.8m euros for 40% in Ulker
The German Investment Fund (DEG), with a portfolio of over 100 million euros in Romania, will acquire 40% in the Ulker biscuit plant located near Bucharest, in the wake of a share capital in...
UniCredit moves house for 5m euros
UniCredit bank will relocate its headquarters to an office building in northern Bucharest next year with the rental deal being on the biggest on the local market this year. "It is about 8,00...
Caromet asks 2.1m euros from shareholders
Railway vehicle manufacturer Caromet Caransebes is preparing a capital increase by contribution in cash worth 7.5 million RON (2.06 million euros). The proposal of the Board of Directors is...
Alum Tulcea invests 9m euros
Alumina producer Alum Tulcea invested 2.3 million dollars (nearly 2 million euros) this year as part of a programme to comply with environmental standards, agreed upon with the Environment P...
UPC rents offices for 3.5m euros
Cable and satellite communications company UPC Romania has rented an office building in northern Bucharest, which will change its name to the UPC Building, the broker of the deal, CB Richard...
Continental to invest 25m euros
Tyre maker Continental Automotive has set out to boost the production capacity of its Timisoara-based factory by nearly 12% in 2006. Some 25m euros have been allocated in order to attain thi...
Banca Romaneasca gets 130m euros
Banca Romaneasca will receive a capital inflow of 130 million euros from its main shareholder, the National Bank of Greece (NBG) next year, in order to overcome NBR''s restriction on foreign...
Euroavipo spends 4m euros on ads
Spirits producer Euroavipo Posta Calnau, has announced it will channel its 2006 investments towards promoting the Unirea and Hanul Ars brands, continuing the investments in communication it...