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10m euros for Panasonic in H1
Panasonic Romania estimates to sell some 10 million euros' worth in the first half of financial 2003, after having concluded Q1 with 4 million euros in turnover, Catalin Savulescu, Panasonic...
Domo H1 sales: 18m euros
Domo, the retailer of electronic and household appliances, posted sales worth 18m euros in the first half of the year, more than double as compared to the year-ago period. Interexpo, the ret...
100,000 euros for Honda showroom
Inter Motorcycle, part of the AutoItalia Group, yesterday opened its first showroom aimed at showcasing and selling Honda motorcycles.The company is planning to open another 4-5 such centres...
Banc Post nets 5m euros
Banc Post posted H1 gross profit worth 201 billion ROL (some 6 million euros) and net profit of 168 billion ROL (5 million euros). The bank's revenues amounted to 2,047 billion ROL on June 3...
Underground economy, close to 8bn euros
The underground economy - those economic activities partially or completely left out of the accounting books - accounts for 18% of the Gross Domestic Product, said Valentina Ungureanu, head...
Magnetto Wheels invests several million euros in Dragasani-based plant
Increasingly more international companies are relocating their production activities to Romania, lured by the cheap workforce, then close down their Western plants. This is not a new trend....
Electrica loses 1.5m euros
Electrica SA, Romania's second-largest company, is again in the red, after breaking even last year. The company logged losses worth 54 billion ROL (1.5m euros) in the first four months of th...
New Mobexpert store eyes 10m euros
The Mobexpert store that opened yesterday near the Carrefour hypermarket will post annual sales worth 10 million euros, said Dan Viorel Sucu, chairman of the Mobexpert Group. The sales of Mo...
Carmeuse pays 10m euros for two lime factories
Belgium-based Carmeuse Group has bought two Romanian lime factories from HeidelbergCement (Germany) for 10 million euros, the representatives of the companies involved in the deal told Ziaru...