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Porsche: 8.5% sales increase, to 320m euros
Porsche Romania, the largest importer of vehicles on the local market, sold 18,164 units in the first four months of the year, up 8.5% on the same period last year, whereas estimates made by...
Bayer approaches revenues worth 100m euros
German group Bayer, which operates in the pharmaceutical, agricultural, and automotive industries, forecasts a 15-20% increase in revenues on the local market against 2007, which could take...
GE Real Estate allocates 90m euros for 6 logistic parks
American-held GE Real Estate and Greek-based Helios Phoenix will start an 87.5 million-euro investment programme, aimed at building six logistic parks that will cover an overall area of 315,...
Population's overdue loans stabilise at 169m euros in March
Overdue bank loans accumulated by the population were slightly up in March, and almost reached 628 million RON (169 million euros), according to data from the NBR (National Bank of Romania),...
Greek-based Piraeus pumps 1bn euros into retail lending
The volume of loans granted to retail clients by the local subsidiary of Piraeus Bank, one of the largest financial groups in Greece, reached one billion euros at the end of the first quarte...
Macon invests 7m euros to upgrade manufacturing
Deva-based Macon, a manufacturer of construction supplies, announced a 7 million-euro investment budget for this year, which will be used to upgrade manufacturing processes and improve the q...
Restaurant business to exceed 2bn euros in two years
The local restaurant market, where fast-food chains like McDonald's, KFC and Pizza Hut prevail, will double over the next two years, and is expected to reach over two billion euros, driven f...
Rombat sells 14.7m euros' worth of batteries in Q1
Bistrita-based Rombat, the main domestic maker of car batteries, posted more than 14.7 million-euro turnover in the first three months of this year, an increase of 165% on 2007. "The improve...
TBI Credit will grant up to 2m euros' worth of loans online
TBI Credit, the consumer credit division of the TBI Financial Services group, expects to grant 3,000 loans, worth 1.5-2 million euros this year, via an online application service- eCreditor....