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Skoda sales could increase by 100 million euros
Skoda's turnover on the domestic market is currently estimated at almost 400 million euros, an increase of over 30% against last year. The average price of a Skoda car sold in 2007 was 13,00...
Hilton's operating income tops 10m euros
Bucharest's five-star hotel Ath?n?e Palace Hilton, held by businessman George Copos, posted an operating income worth 14.3 million dollars (over 10 million euros) last year, with revenues wo...
Domo shareholders receive another 12.5m euros from Equest
The shareholders of the home appliances store network Domo will receive another 12.5 million euros by the end of May for a 75% stake, sold in autumn 2007 to Lynx Property, the subsidiary of...
Principal Company budgets turnover worth 40m euros
Principal Company, producer of charcuterie Principal and Salonta brands, has budgeted turnover worth 40 million euros this year, double against the results registered at the end of 2007, pri...
Foreigners' deposits total 3.4bn euros
Foreigners' medium and long-term deposits in Romanian banks increased almost 4 times between November 2006 and November 2007. The level of such deposits reached an all time high of 3.73 bill...
BRD profit up 48 percent to 275 million euros
BRD-SocGen derived net profit worth 917 million RON (274.7 million euros) last year, up 40%(48% in euros), double the increase posted in the previous year. Assets increased 45% last year, to...
CWP Cyprus invests a massive 1bn euros in wind power
Investments in wind power projects have amounted to 1.5 billion euros since the beginning of the year, while previously they did not exceed 50 million euros, with just 22 functional projects...
Raul Ciurtin invests 6m euros in new business
Raul Ciurtin, chairman and one of the shareholders of dairy producer Albalact, based in Alba county, has, in cooperation with another two partners, invested 6 million euros in the constructi...
LaborMed sold for 123m euros after 6-month process
The sale of drug manufacturer LaborMed Pharma, acquired by US investment fund Advent, first began in June 2007, when shareholders were reticent to exit the company completely. At the time, t...