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Elmiplant invests 2m euros in plant
Cosmetics company Elmiplant Prodfarm, owner of the Elmiplant brand, invested 1m euros in building a plant set to help it gain a better market position. Construction works began three years a...
Banc Post: 7.5m euros net profit in eight months
Banc Post, the bank controlled by Greek group Eurobank, posted net profit worth 258.5 billion ROL (some 7.5 million euros) in the first eight months this year. Gross profit amounted to 304.8...
Linde invests 100m euros in Romania and Czech Republic
German group Linde AG, the industrial gas market leader in Central and Eastern Europe, said it would build three gas separation plants in Romania and in the Czech Republic within a 100 milli...
4.5m euros for tile and sheet metal
Coilprofil, a Belgian tile and sheet metal constructions company, invested 0.7 million euros in a new production line, within its Romanian unit based in Ceptura, Prahova County. The producti...
MasterCard close to 2bn euros
The number of merchants accepting payments with Maestro cards doubled in the first half this year. Maestro cards were accepted at 6.500 electronic terminals at the end of H1, while the Maste...
Arctic to invest 6m euros in 2004
Home appliances producer Arctic Gaesti will invest about 6 million euros next year in order to expand its production capacity, the companyi's general manager, Ogushan Ozturk said during Roma...
10m euros for plain mineral water
Ramprod Company, held by businessman Anton Radulescu, former director of Romcif Fieni for almost 15 years, will launch the natural plain mineral water Sapte Izvoare on the market at the end...
Brokers' mistakes insured for 200,000 euros
Insurance brokerage firms will have to buy a professional liability insurance covering at least 200,000 euros or for an annual aggregated amount of 500,000 euros, the Insurance Supervision C...
Electrica's H1 loss, 8.3 million euros
Electrica, the second-leading company on the Romanian market in terms of turnover, posted 8.3 million-euro loss in the first half, against the about 2 million-euro (73.9bn ROL) profit antici...