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Puratos Romania sees turnover double to 20m euros
Puratos company, the domestic unit of the Belgian group with a 80-year record in the industry of bakery and patisserie ingredients, forecasts double turnover this year from 2004, to 20 milli...
Petrom spends 200 million euros on foreign capital markets
Romania''s largest company, Petrom, which is probably the largest holder of cash in this country, has invested 200 million euros with foreign investment funds, out of the one billion euros i...
Macon Deva aims for 20m euros
Construction supplies producer Macon Deva expects to see turnover grow by 10% this year to 20.7 million euros, according to the company''s representatives. "This growth is due to the investm...
Silcotub profit drops to 1.8 million euros
In the first nine months of this year Silcotub Zalau, part of the international group Tenaris, the world''s biggest piping producer, posted net income worth 6.46 million ROL (1.8 million eur...
Copos collects 23 million euros for 0.9% Connex stake
Vice-premier George Copos sold the 0.9% stake he still held in MobiFon, the company that operates the Connex mobile telephony service, to the British Vodafone Group, in exchange for 16 milli...
BRD assets speed past 5 billion euros, net profit up 104% to 124m euros
BRD-Groupe Societe Generale, the second largest bank in the system, overshot the 5 billion-euro mark at the end of the third quarter, due to the increase in consumer lending and to funds bei...
Celco forks out10m euros for lime plant
Celco Constanta, a producer of concrete parts for constructions, has launched greenfield investments worth 10 million euros, and is to integrate the production process by building a lime pla...
Greeks contribute another 50m euros to Bancpost''s capital
Bancpost, which according to NBR data climbed to fifth place in the bank ranking in terms of assets at the end of September, is starting to prepare for resuming foreign currency lending, giv...
Booming business travel drives Lufthansa turnover up to 29m euros
The German airline Lufthansa estimates it will derive turnover worth 29 million euros on the Romanian market this year, 45% higher than the level seen in 2004. "Given the higher number of fl...