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Bedminster pays 10m euros to control Hiperdia clinic
Bedminster Capital Management, manager of the Southeast Europe Equity Fund II (SEEF II), has taken over 65% in Brasov-based Hiperdia one of the leading private medical services operators, in...
500,000 euros for first Bally store in Bucharest
Bally, the Swiss luxury footwear brand, has entered the Romanian market through a monobrand store on Nicolae Balcescu Blvd. The 100 square-metre unit (which covers two floors) entailed inves...
Bike sales bring DHS turnover to 20m euros
Hunedoara-based group DHS, which manufactures bicycles and sells scooters & ATVs, forecasts sales worth around 20 million euros this year, double the level registered in 2006. "This year's r...
Rothschild pays 104m euros to enter housing market
The Rothschild banking family officially entered the domestic housing market last week in a deal worth 104 million euros for a 60 percent stake in three housing projects, which are controlle...
Pharmaceutical market to exceed 2bn euros in 2008
The Romanian pharmaceutical market is expected to grow by around 15% in 2008, to 2.2bn euros, in line with the estimates made by major players in the industry. As a result, drug sales will m...
GFR owner invests 50m euros in hotels
Businessman Gruia Stoica, who controls rolling stock company Grup Feroviar Roman through Grampet, plans to invest over 50 million euros in the hospitality industry. The main investments will...
Vlad Stan could get several millions of euros from Vodanet exit
Vlad Stan, one of the top five managers in the Romanian online industry, could collect several million euros from the sale of the 40% stake he holds in the online publishing company Vodanet...
Tudorache family businesses generate 150m euros
The companies owned by the Tudorache family, who control Montero pharmaceutical group, consolidated under investment vehicle Newarch Investments, are expected to generate revenues worth 150m...
A&D Pharma turnover rises to over 300m euros
Pharmaceutical company A&D Pharma, which includes the distributor Mediplus and the drugstore chain Sensiblu, posted net consolidated turnover worth 301.8 million euros in the first nine mont...