euros
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Foreigners inject 7.7bn euros into banks and insurance companies
Foreign investors have injected almost 7.7 billion euros in local banks and insurance companies over the last 17 years. The banking and insurance sector attracted over 22% of the total volum...
Overdue payments on loans exceed 150m euros
The population's overdue payments on credits taken out from banks have surpassed the 500 million-RON mark for the first time, after increasing by more than 4% in September. At the end of the...
Elmiplant, a business appraised at 10m euros
Elena and Mircea Cremenescu, the two shareholders of cosmetics manufacturer Elmi Prodfarm, are considering a partnership with an investment fund in order to secure the development of the bus...
BRD sees most profitable third quarter ever: 80 million euros
BRD-SocGen, the second largest bank on the market in terms of assets has accumulated a 682 million RON (approximately 207 million euro) net profit in the first nine months of 2007, up 43% on...
Keston Boilers: 13.2m euros from boilers
The Romanian branch of the British boiler producer Keston Boilers, Celsius 2000, forecasts turnover worth 13.2 million euros this year, up around 17% on last year. "In the 1994-2004 period,...
Cargus derives 18.6m euros from internal courier services
Cargus, one of the leading players on thCargus derives 18.6m euros from internal courier servicesCargus, one of the leading players on the Romanian courier market, has posted turnover worth...
A&D Pharma's bosses get another 2.5 million euros if targets are met
The five executive directors of A&D Pharma, a company with a 566 million-euro capitalisation on the London Stock Exchange, are set to receive 2.5 million euros in shares if the targets to in...
Carpatcement to invest 55m euros in Bicaz plant
Carpatcement Holding, the domestic unit of Germany's HeidelbergCement group, is set to invest 55m euros to start and modernise the second production line of Bicaz plant, currently under cons...
Praktiker invests 16m euros in Timi[oara and Ia[i
German company Praktiker will open two Do-It-Yourself stores by the end of the year, in Timi[oara and Ia[i, with total investments worth around 16 million euros, and reach a 20-store network...