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Romsilva invests 40m euros in forest regeneration
Romsilva, The National Forest Authority (RNP), will invest 40 million euros this year in forest regeneration, according to company representatives. "Forest regeneration works will cover 15,4...
Iberdrola invests 300m euros in wind farms
Spanish group Iberdrola, a European energy giant, has acquired 50 wind farm projects in Eastern Romania through its renewable energy division, Iberdrola Renovables, for an estimated value of...
Hergan sells office buildings worth 46m euros outside Bucharest
Real estate group Avrig 35, controlled by businessman Alexander Hergan, one of the leading local developers, characterised by his discreet operations, has sold a portfolio of 18 properties f...
Private pension client valued between 30-200 euros
Clients who have already joined mandatory pension fund are worth between 30 and 200 euros, given the fact that large pension firms are in search of takeover targets, while smaller funds are...
CA targets transactions worth 200m euros
Consilium Advisors, a financial consulting company recently established by three bankers, expects to broker transactions worth 200 million euros during its first year in business. "As banker...
Angst hits target, though not in euros
Angst, one of the leading charcuterie producers on the local market, closed last year with turnover worth 62 million euros, over 20% higher than in 2006, according to the producer's estimate...
Roche up 6%, to 109m euros
The local branch of the Swiss pharmaceutical giant Roche posted a 364 million-RON (109.3 million-euro) turnover last year (producer price), up 6% against 2006, according to estimates made by...
Orange revenues up 24%, to 1.234bn euros
The revenues of Orange Romania, the largest mobile telephony operator on the local market climbed by 24.3% last year against 2006, to 1.234 billion euros, after the growth rate was calculate...
Labormed sale takes drug market deals to over 650m euros
LaborMed Pharma, the drug manufacturer, owned by five Romanian entrepreneurs, has been acquired by Advent investment fund in a deal estimated to be worth approximately 120 million euros, acc...