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Carrefour's turnover tops 560m euros

French retailer Carrefour posted sales worth almost 200 million euros in the third quarter of this year, up 36% against the same time in 2006, after its network expanded by two stores. The c...

Ziarul Financiar · 19.10.2007 · 21:25 · 1 min
ZF English · Companies

Price change drives Ballantine's sales to over 8m euros

Pernod Ricard, one of the biggest importers of alcoholic beverages on the domestic market, with turnover worth 10.8m euros last year, could post sales of above 8m euros this year for Ballant...

Diana Tudor Stoica · 19.10.2007 · 21:22 · 2 min
ZF English

Insurer BT Asigurari sold for record 90m euros

Banca Transilvania has signed the sales contract for BT Asigurari (BT Insurance) with Groupama, a French financial group with operations in Europe and Asia, with 90% of the company sold for...

Angela Placinta · 19.10.2007 · 21:21 · 2 min
French firms' investments in Romania, 4bn euros
ZF English · Investments

French firms' investments in Romania, 4bn euros

Investments by French companies in Romania have amounted to 4bn euros (the third largest foreign investments), stated France's new ambassador to Romania, Henri Paul. Major French investors i...

Iulian Anghel · 17.10.2007 · 20:41 · 2 min
Sonae Sierra invests 300m euros in 2 shopping centres
ZF English

Sonae Sierra invests 300m euros in 2 shopping centres

Portuguese company Sonae Sierra, which entered the Romanian market in May by taking over the River Plaza mall in Ramnicu-Valcea for 42 million euros, has acquired land in order to develop an...

Ziarul Financiar · 16.10.2007 · 21:58 · 1 min
ZF English · Companies

GED to invest at least 300m euros in real estate

Spanish private equity company GED, which is involved in the development of the IRIDE business park in Bucharest, is set to invest 300 to 500 million euros on the Romanian real estate market...

Cristi Moga · 15.10.2007 · 21:34 · 1 min
ZF English

Vinterra shareholders appraise company at 3.3m euros

The shareholders of the wine producer Vinterra International, which holds 100 hectares of vineyard in the Dealu Mare and Vanju Mare areas, estimate the company is worth 3.3 million euros and...

Ziarul Financiar · 12.10.2007 · 20:07 · 1 min
Blue Air climbs towards 100m euros
ZF English

Blue Air climbs towards 100m euros

Low cost airline Blue Air, held by businessman Nelu Iordache, registered turnover worth over 70 million euros in the first three quarters of the year, more than double against the same perio...

Ziarul Financiar · 12.10.2007 · 20:05 · 1 min
Hame-Antrefrig deal, put at around 5m euros
ZF English · Companies

Hame-Antrefrig deal, put at around 5m euros

Businessman Manucher Saadati Sohi states he decided to sell Antrefrig pate brand and part of production equipment to Hame Romania to be able to develop his businesses only in the real estate...

Diana Tudor Stoica · 12.10.2007 · 20:02 · 2 min