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Carpatica Asig increases capital by 2.4m euros
Carpatica Asig, a medium-sized insurer, is set to increase its share capital by around 2.4 million euros (8.8 million RON) to more than 5.6 million euros (20.8 million RON). Carpatica Asig i...
Audi forecasts business in excess of 130m euros in 2008
Porsche Romania, the official importer of VW-Audi Group and Porsche brands estimates 2,900 unit sales for Audi. "Audi sales on the domestic market in 2008 will increase by around 13% to appr...
First deluxe perfumery in Romania sells 3 perfumes worth 2,200 euros each
Madison, Romania's first luxury perfumery, opened by Madeleine Florescu (former general manager of Geroaslan) in mid December, has already sold three of the most expensive perfumes in the wo...
Piraeus gross profit up six times to 22m euros
The local branch of the Greek-based Piraeus Bank group derived gross profit worth 22 million euros last year, around six times higher on 2006. Assets went up by 196% to 2.87 billion euros, d...
Immoeast pays 200m euros for former Rocar and other plots of land
Austrian investment fund Immoeast has acquired the real estate portfolio of UK-based Longbridge for some 200 million euros. The portfolio comprises several plots of land, such as the site of...
ABB forecasts turnover worth 106m euros
Swiss-Swedish group ABB, which operates on the energy and automation services and equipment segment posted turnover worth 145 million dollars (106 million euros) in Romania last year, of whi...
Plastic pipes market worth 150m euros
The development of water and gas pipe networks, as well as the development of infrastructure networks, will bring the PVC polyethylene (PE) pipes market to around 150 million euros, up 10-15...
Domo: Home appliances market to stabilise at 3bn euros
The home appliances market, estimated at 1.3 billion euros this year, will experience continued growth until 2012, when it will settle at 3 billion euros, believes Lorand Szarvadi, general m...
GEFCO revenues reach 12 million euros
GEFCO Romania, part of the logistics and transport division of French PSA Peugeot Citro?n, posted turnover worth 12 million euros last year, an increase of 130% against the 5.2 million euros...