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Tuborg invests 60-90m euros to double capacity
United Romanian Breweries Bereprod (URBB), the bottler of Tuborg and Carlsberg beer brands on the Romanian market, is expected to make investments worth between 60 and 90 million euros, in o...
Imported car market approaches 3bn euros
The market of imported vehicles is expected to exceed 3 billion euros within the next six weeks, if the 52% growth rate registered in the first nine months of the year, which brought sales t...
Officer pensions cost public 1 billion euros
The number of pensioners formerly employed by the Interior and Defence Ministries, along with those from the special services (Romanian Intelligence Service, Foreign Intelligence Service, Gu...
Covalact shareholders come up with 4m euros to increase capital
Covalact, the dairy producer, which this year sold 70% to US-based investment fund SigmaBleyzer, will increase its share capital by 13.5 million RON (around four million euros), in order to...
Fabian reappraises seven properties at 105m euros
Real estate investment fund Fabian Romania Property, listed on the London Stock Exchange, has reappraised seven of its nine properties in Bucharest and Timisoara at around 105 million euros,...
Romstal to invest 30m euros in Arges factory
Romstal group, one of the leading players on the sanitary, electrical equipment and installations market, will invest 30 million euros in a new Valrom production centre located in Topoloveni...
Rail freight shipping to reach 1bn euros in 2010
The rail freight transportation market is set to revolve around 1bn euros within the next 3 years, from this year's estimated level of 800m euros, with coal, oil products and cement industry...
Dornafarm to increase share capital by 1.7 million euros
Pharmaceuticals distributor Dornafarm could increase its share capital by 5.84 million RON (some 1.7 million euros) to a total of 7.2 million RON, with cash contributions from shareholders,...
Petrom derives revenues worth 1bn euros from foreign sales
Petrom, the largest company in Romania, sells almost one billion euros of petroleum products through OMV networks in Bulgaria, Serbia and Romania. "Petrom is deriving approximately 1 billion...