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EnergoBit heads towards business worth 110 million euros
Cluj-based EnergoBit group, one of the leading manufacturers of electrical equipment, which also operates on the market of electrical installations, forecasts turnover worth approximately 11...
Mandatory private pension funds' investments in share capital: 200m euros
The 18 mandatory private pension (pillar II) funds invested a total of 500-600 million euros in order to attract almost 4.2 million clients, 200 million euros of which make up just the compa...
Romanian Lottery profit increases to over 44 million euros in 2007
Compania Nationala Loteria Romana (Romanian Lottery National Company) last year posted profit worth 148.39m RON (44.46m euros), an increase of 21% on the previous year, alongside total reven...
Asirom's managers could make as much as 5m euros a year
The members of the management board of Asirom insurance company, who will be elected in the next few weeks, will receive gross annual pays of 10,000 euros to 2.5% of gross underwritten premi...
Palplast to invest 3.5 million euros in manufacturing
Polyethylene piping maker Palplast, held by the Rompetrol group, intends to build two more production facilities- one in Romania and one abroad, as part of an around 5 million dollar (3.5 mi...
Banca Transilvania performs record capital increase: 121 million euros
Banca Transilvania (TLV), the biggest private bank with Romanian capital, will propose to its shareholders a share capital increase worth 448.6 million RON (121 million euros), which will in...
UniCredit Tiriac net profit up 48% to 79m euros
UniCredit Tiriac, the local branch of the largest Italian financial group, posted net profit worth 79 million euros last year, up 48% on 2006. Converted in RON, the net profit stood at 263.1...
Paralela 45 thought to be worth 20m euros
Paralela 45 travel agency, which last year managed to dethrone its main rival, Eximtur, from the second position on the market through 40m-euro turnover, is worth around 20m euros. "I evalua...
BCR Leasing grants 70m euros to real estate developers
At the end of 2007, BCR leasing launched a product for funding construction projects. The projects can be office buildings, industrial buildings, commercial ones or residential complexes, wh...