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Israeli-based Clal will invest 50-70m euros in insurance
Total investments operated by Clal group in Clal Asigurari, initially set up in late 2006, will amount to 50-70m euros over the next 5 years, Avigdor Kaplan, chairman of the group, told ZF....
RON decline causes Farmexim to lose 5.5m euros
Farmexim drug distributor, with annual turnover worth 150 million euros, says it registered losses of 5.5m euros in the wake of RON depreciation, a process that started at the middle of last...
Vodafone: 11% EBITDA increase to 558 million euros
Vodafone, the second leading player on the domestic mobile telephony market posted 558 million-euro EBITDA for the fiscal 2007/2008 ended March 2008, an increase of 11% on the previous year....
Asirom holds 80m euros in deposits, current accounts and bonds
Asirom, one of the largest insurers on the market, has 287.2 million RON (80 million euros) in deposits, current accounts and bonds, according to the end-of-2007 data in the company's annual...
30m euros for yoghurt advertising campaigns
In their battle over market shares, dairy industry producers have significantly increased their promotional investments in the first half of this year, after budgets went up by 13% from Janu...
Non-residents deposit 3.6bn euros in local banks
Medium and long-term deposits made by foreign clients with local banks reached an all time high in March, almost 3.6 billion euros, NBR data can reveal. After a 250 million-euro decline in F...
Azomures value more than doubles and reaches 50m euros
The shares of chemical fertilisers producer Azomures (AZO), based in Targu Mures, have become Stock Exchange stars, in the wake of an 140% increase since the end of April, amid an optimistic...
Each Glencore employee contributes 5.5m euros a year
Glencore Protein Romania, the local subsidiary of Swiss trader Glencore International, one of the top three players on the cereal trade market, reported turnover worth 66 million euros (220...
Lukoil petrol station sales exceed 1bn euros
Lukoil Romania, the retail division of the Russian petroleum group Lukoil, last year derived an operating income worth 78.9 million dollars (50.5 million euros) on the local market, up 142%...