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Amvic group, asking price of 40m euros
Marin Crutescu, owner of the constructions group Amvic, with a 10.5 million-euro turnover, intends to sell the business for at least 40 million euros. Crutescu, who is also head of the Assoc...
Lukoil lends 150m euros to Petrotel refinery
Petrotel-Ploiesti refinery, controlled by Russian petroleum group Lukoil, intends to contract a 150 million-euro loan from its majority shareholder Lukoil Europe Holdings, registered in Holl...
Centrul Medical Unirea: 10m euros for acquisitions
Private medical services provider Centrul Medical Unirea (Unirea Medical Center - CMU) will invest 10 million euros this year in the acquisition of new clinics outside the capital city, afte...
Record net profit across banking system in 2007: 825 million euros
The net profit registered by the banking industry broke a new record last year, when the 40 players on the market made 825 million euros (2.75 billion RON), an around 32% increase on 2006. T...
300m euros for 800 villas in Corbeanca
American-held Asset Management System, will allocate 300 million euros to build an 800-villa residential complex in Corbeanca commune, according to a recent statement from real estate compan...
Private loans climbed to 41bn euros in December
Loans taken out from banks by the population reached 19.8 billion euros at the end of last year, a massive increase of 82% on 2006. Non-government loans went up to a sum equivalent to 41 bil...
House of Art invests 5m euros in brand development
Staff Collection, the operator of the House of Art store network, will invest up to 5 million euros in brand development and territorial expansion. "Staff Collection's strategy this year is...
Budget collects 2bn euros less than expected
Budget revenues stood at 121.5 billion RON (36.4 billion euros) for 2007, 6.9 billion RON (2.07 billion euros) below the revised collection plan, according to data published on Tuesday by th...
Groupama injects 16m euros into BT Asigurari
French group Groupama, the new owner of BT Asigurari, one of the top ten insurance companies on the market, has increased the company's share capital by around 16.2 million euros (60 million...