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Unirea car park evaluated at 28m euros for capital increase

Unirea Shopping Center Company (SCDM), which owns the shopping centre with the same name in central Bucharest, is set to conduct a capital increase, which will add the store's aboveground ca...

Ziarul Financiar · 07.11.2007 · 19:44 · 1 min
ZF English

NBR's foreign currency reserve up by just 4m euros

The foreign currency reserve of the NBR (National Bank of Romania) rose by just 4.1 million euros in October, to 25.21 billion euros. This is the lowest monthly increase in this year's reser...

Ziarul Financiar · 05.11.2007 · 19:42 · 1 min
ZF English

Africa Israel pays 78.8 million euros to get NCH out of Cotroceni Park

Real estate developer Africa Israel, controlled by Lev Leviev, one of the richest businessmen in Europe, has bought the 50% stake owned by US investment fund New Century Holdings (NCH) in Co...

Cristi Moga · 05.11.2007 · 19:38 · 3 min
ZF English

Lidl increases share capital by 10m euros to around 26.5m euros

Lidl Romania SCS retailer has raised its share capital by 10m euros, to around 26.5 million euros (90m RON), through a contribution in cash by its main associate, Germany's WE-Beteiligungs....

Ziarul Financiar · 02.11.2007 · 22:40 · 1 min
ZF English · Companies

McCann Erickson: creativity of almost 70m euros

The international awards McCann Erickson Romania has won in the past two years have also contributed to turnover growth, with Bogdan Enoiu, manager of the agency, putting this year's turnove...

Diana Sava · 02.11.2007 · 22:36 · 2 min
ZF English · Companies

Avicola Buzau turnover, up 18% to 21.5m euros

Avicola Buzau, the meat product manufacturer controlled by Aaylex Trading group, has generated turnover worth 21.5m euros in the first nine months of this year, up 18% on the 18m euros deriv...

Diana Tudor Stoica · 01.11.2007 · 21:48 · 2 min
ZF English

Grampet assets worth 225m euros

The Grampet Group, which operates primarily in the railway sector, with business worth over 110 million euros, has evaluated its assets on the Romanian market at 225 million euros, with more...

Ziarul Financiar · 31.10.2007 · 20:15 · 1 min
ZF English

Chimtitan invests 4m euros in paint facility

Bucharest-based paint producer Chimtitan, which specialises in products for the industrial sector, will invest 4 million euros to launch a new production facility in Fundulea, near Bucharest...

Ziarul Financiar · 30.10.2007 · 19:53 · 1 min
PEF V fund sells Artima supermarkets for 55m euros
ZF English

PEF V fund sells Artima supermarkets for 55m euros

Private equity fund Polish Enterprise Fund V (PEF V) has sold the Artima supermarket network to the French retailer Carrefour for 55 million euros, three times as much as Artima's original i...

Ziarul Financiar · 30.10.2007 · 19:53 · 1 min