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HVB Bank Romania earns 10m euros

HVB Bank Romania last year posted net profit 60% higher than in 2001 in real terms, according to the Romanian accounting standards. Net income increased from some 6 million euros at the end...

Ziarul Financiar · 28.03.2003 · 00:00 · 1 min
ZF English

Wintershall 2002 sales in Romania: 300 million euros

The companies through which Germany's Wintershall operates on the Romanian market last year sold approximately 300 million euros' worth, the company officials say. Wintershall holds stakes,...

Adrian Mirsanu · 28.03.2003 · 00:00 · 2 min
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Philips Electronics exceeds 60m euros in Romania

Philips Electronics made more than 60 million euro turnover in Romania last year, which accounts for 20% growth in general, compared with 2001. And the growth pace is expected to pick up thi...

Ionut Bonoiu · 17.03.2003 · 00:00 · 2 min
ZF English

EBRD gives 11.5m euros to mortgage company

The European Bank for Reconstruction and Development (EBRD) next month will grant 11.5 million euros to the Romanian-American Mortgage Credit Company, established by the Romanian-American En...

Razvan Voican · 17.03.2003 · 00:00 · 1 min
10m euros for Transelectrica
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10m euros for Transelectrica

The national power carrier Transelectrica will be granted a 10 million-euro credit by French bank Credit Agricole Indo Suez in the next few days, sources close to negotiations told Ziarul Fi...

Ziarul Financiar · 13.03.2003 · 00:00 · 1 min
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2.5m euros for Continental Suceava

Continental SA is planning to invest approximately 2.5 million euros this year in order to renovate and modernise its Continental Hotel in Suceava, as well as the Putna chalet, company chair...

Ziarul Financiar · 11.03.2003 · 00:00 · 1 min
ZF English

Carrefour harvests 100 million euros per hectare

11,500 euros. This is the amount sold by Carrefour per each square metre in its Bucharest-based store last year. Is it a little, is it a lot? We'll spare you the calculations: this means 100...

Ionut Bonoiu · 18.02.2003 · 00:00 · 2 min
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Transelectrica to invest 93m euros

Transelectrica, the national electricity carrier, will invest about 3,452 billion ROL (93.2m euros) this year, twice last year's level, when investments amounted to 1,700 billion ROL (54.3 m...

Ziarul Financiar · 17.02.2003 · 00:00 · 1 min
ZF English

Konica sales should reach 3m euros

The official sales posted by Japan-based Konica on the Romanian market are eight times smaller than they should be. According to the company estimates, Konica holds some 30% of the Romanian...

Ziarul Financiar · 13.02.2003 · 00:00 · 1 min