euros
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92m euros for 2 hydropower stations
Hidroelectrica, Romania's second-largest power producer, has signed a contract to build two hydropower stations and a dam on the Jiu river, together with a consortium led by power company Ro...
Motoractive expects 35m euros
Leasing company Motoractive closed 1,300 contracts last year, with the total value of the financed goods amounting to 25m euros, up 35% from 2002. "We mainly developed our portfolio by incre...
Unita Turism eyes 10m euros
Unita Turism hotel company expects consolidated turnover to reach 10 million euros this year from the 8 million euros in 2003, marketing manager Marius Pintilie said. The consolidated turnov...
Thermopane glass market climbs to 480m euros
The sales of thermo-insulating glass saw the highest growth rate of the last few years, about 20%, in 2003, amounting to approximately 480 million euros, preliminary estimates show. Consumer...
Electrolux to invest another 4.5m euros
Swedish group Electrolux will invest 4.5m euros in its cooker plant based in Satu Mare, Romania. According to Electrolux Romania officials, the Swedish group's investments total 14.3m euros,...
AIG Life cashes 14.8m euros
Insurer AIG Life cashed premiums worth 556.5bn ROL ($16.7m or 14.8m euros) last year, up more than 60% from 2002. The growth in euros accounted for 41%. "We exceeded our target to reach a po...
Landini expects 70m euros from Tractorul
Italian group Landini expects turnover worth 70m euros from the Tractorul Brasov plants, which it took over from the Romanian State at the end of last year. The company is in advanced talks...
Ibis sees 5m euros in turnover
Bucharest-based hotel Ibis, held by Continental Nord SA, posted 191.7bn ROL (5.06m euros) in turnover last year, some 16% more than in 2002, the hotel's managing director Ilie Calin said. "T...
Banks vying to supply 56m euros to CFR
Eight banks have submitted financing bids for importing 21 Desiro self-propelled trains from Germany, trains known as the "Blue Arrow" in Romania and worth approximately 56.5 million euros,...