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Raiffeisen and Bear Stearns feed 250m euros into Bechtel deal in 2004
The Ministry of Transports, Constructions and Tourism is negotiating the loan contract with the syndicate comprising Raiffeisen Bank Austria and Bear Stearns (US) for the partial funding of...
Atlantic Tour sales up to 4.7m euros
Bucharest-based travel agency Atlantic Tour concluded 2003 with 180bn ROL in turnover, 22% up from 2002. In euros, the result amounted to 4.73 million, close to the 2002 level. The agency po...
Howard Johnson Bucharest sees 10m euros
Howard Johnson Grand Plaza Hotel in Bucharest dedicated two weeks ago targets 10 million euro revenues and 60-65% average take-up for its first year in business, general manager Antoni Kuhne...
Medicover revenues up to 7.7m euros
Swedish medical services group Medicover reported preliminary revenues of 7.7m euros in Romania, as the pre-paid medical assistance unit went up 22% and a 6% growth came from lab activities....
InterAgro turnover up to 560m euros
Companies in the InterAgro group, held by businessman Ioan Niculae, posted 560m euros in turnover last year, up 16% from 2002, when they had reported $470m. However, business remained flat i...
Electrolux sees 80% growth, to 105m euros
Swedish home appliances maker Electrolux sold 105 million euros' worth on the Romanian market last year, up 80% from the year before. The growth was based, as explained by Electrolux Romania...
FDI in Romania: 61 euros per capita
Foreign direct investment (FDI) in Romania last year amounted to 61 euros per capita, which ranks it fourth in SE Europe after Croatia, Bulgaria and Serbia-Montenegro, an analysis of the Vie...
HVB and West LB lend CFR 60m euros
German HVB and West LB banks will lend CFR Calatori more than 60 million euros for importing the last batch of 21 self-propelled Desiro trains made by the Siemens Group in Germany, sources a...
Star Foods invests 1.1m euros
Potato chips maker Star Foods E.M. SRL will upgrade its production capacity in Popesti-Leordeni by an 1.1 million-euro investment, with 30% of the money provided by the European Union throug...