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Delta Distribution targets 67m euros in 2008
Delta Distribution, the largest distributor of ceramic tiles on the domestic market has budgeted turnover worth 67m euros in 2008, up around 50%, in the wake of network expansion and improve...
Nivea brings Beiersdorf business to over 40m euros
Beiersdorf, which sells the Nivea brand, expects to maintain last year's 20% growth rate in 2008, which would bring the group's business to 43 million euros, against last year's estimated 36...
Promotion drives Zaraza sales up to 5.8m euros
Zaraza brandy, formerly Vinars de Murfatlar, could reach sales worth 5.8 million euros next year, with representatives of Murfatlar company, the holder of the Zaraza brand, targeting a 40-45...
Immoeast invests 250m euros to expand Iride Business Park
Austrian investment fund Immoeast, the most active player on the Romanian real estate market, has purchased land close to the Iride Business Park, located in the Pipera area of the Capital,...
Leasing market, over 3.3bn euros in 9 months
The companies belonging to the two professional associations in the sector, ALB and ASLR, which control almost 97% of the market, had released financing worth almost 3.19 billion euros by la...
Bere Mures owners ask for at least 150m euros for their company
Bere Mures producer, the biggest independent player on the domestic beer market is now up for sale. Its owners are trying to find an investor to pay at least 150 million euros. Top contender...
Medsana invests 25m euros in private hospital
Private medical services provider Medsana, one of the main local players in the medical services sector, will invest 25 million euros in the construction of a 200-bed hospital. "We have appr...
Petrom to invest 90m euros in upgrading petrol stations
Petrom, the largest Romanian company, will invest around 90 million euros next year, to upgrade 75 petrol stations, around 40 of which will be turned into PetromV stations. The PetromV conce...
Up to 1bn euros from eurobonds
Romania could borrow up to 1 billion euros in the 1st quarter of next year, through a ten-year eurobond issue, which will be managed by three investment banks - Eurobank EFG, UBS Bank and Cr...