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Broadhurst sells two more assets for over 115m euros
American investment fund Broadhurst sold another two of its assets in Romania over the last few days, the AAC (Autoclaved Aerated Concrete) producer Elpreco, based in Craiova, and a company...
Omniasig set to top 500m euros in 2010
Omniasig, which ranks second on the insurance market, will see turnover go beyond half a billion euros in 2010, according to the company's strategy for the following years. "First of all, we...
Islands for sale, from 350,000 euros
Real estate consulting company Coldwell Banker is promoting a portfolio of exotic islands, which are up for sale, with prices ranging from 342,000 euros to 27 million euros. These islands ca...
Private foreign debt tops 21bn euros
Private companies increased their medium and long term foreign debt by another 700 million euros in October, around 120 million euros more than in September, with total credits being worth o...
Hidroconstructia borrows 60m euros from BRD-led consortium
Hidroconstructia, the largest construction company in Romania, has secured a syndicated loan worth 60 million euros, from a consortium led by BRD-Groupe Soci?t? G?n?rale, in order to finance...
Cramele Recas imports 2m euros' worth of wine
Wine producer Cramele Recas, based in Banat (Western Romania), expects sales worth 2 million euros next year from wine imports, with the company officials relying on a 10 million-euro turnov...
Transgaz managers subscribe 21m euros for the offering
The managers of Medias-based Transgaz had over 21 million euros available to subscribe in the initial public offering of company shares, and received shares worth a total of 550,000 euros af...
10% of Trilulilu.ro site, 100,000 euros
The founders of the Romanian video sharing site Trilulilu.ro have sold a 10% stake in Trilulilu SRL for 100,000 euros, after having invested 30,000 euros in setting up the site at the start...
Furniture market poised to top 1bn euros
A 10-15% surge sustained by the real estate boom, further segmentation and the arrival of new players, as well as mounting exchange rate pressures are several features expected to characteri...