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Rewe rakes in sales of 450m euros
German group Rewe, which owns the Billa, Selgros and XXL Mega Discount stores in Romania, has reported sales of 450 million euros for last year. The year before, the respective turnover for...
Lubricant market approaches 200m euros
The lubricants market in Romania this year will exceed the 180 million litres reported for last year, said Daniel Condratov, chairman of Lubrichem, on Monday. Lubrichem is the Association of...
Bucharest borrows 500m euros at 4.125% per annum
The eurobond issue launched by the Bucharest Municipality on Friday has been subscribed at a value of 500 million euros and a rate of 4.125% per year, the lowest rate any Romanian entity has...
Dura sees surge to 33 million euros
Dura Automotive Systems, the US car parts manufacturer, estimates its Romanian-based business will grow to 33 million euros in the next five years. The company has finalised a 5 million-euro...
Gallaher invests 4m euros
The Romanian branch of British cigarette maker Gallaher has announced the start of some 4 million euros of investments intended to help boost its market share from around 1% at the moment to...
Dufa sells offices for 6m euros
Dufa Romania, a varnish and dye producer and one of the top-three players on the market, recently sold the class A office building it owned in the north of the capital in a deal put at 6.5 m...
MOL feeds 67m euros into former Shell
Investment in Romania by Hungarian petroleum group MOL has increased significantly after the registering with the Trade Registry of a new company, Mol Ro Comert SRL, in April, with a subscri...
Pangram Resita owner invests 12m euros in resort
Businessman Ioan Popa, the majority shareholder in Pangram Resita, one of the top players on Romania''s pasta market, has turned his passion for skiing into a business opportunity by launchi...
National Bank Governor''s salary revealed at 6,200 euros a month
One of the best kept secrets in the banking system, the salary of the governor of the National Bank of Romania, became public knowledge yesterday following publication on the NBR website of...