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Citi cuts 2 euros from the price target for Erste shares
Analysts from the American bank Citi have cut the price target for Erste Bank (BCR's majority shareholder) shares by 2 euros, from 69 to 67 euros, but maintained the recommendation to purcha...
Tiriac's real estate portfolio to exceed one billion euros
Businessman Ion Tiriac, one of the richest Romanians, has not overlooked any segment of the real estate market, the most profitable investment field in Romania, managing to build a property...
Romanian mobile phone market worth over 300m euros
The Romanian mobile phone market is expected to exceed 300 million euros this year, with leading retailers estimating to sell 4 million terminals. In the first six months of this year, the a...
GE Healthcare: medical equipment market could reach 200m euros
Annual sales of medical equipment in Romania could reach 200 million euros a year, but the market fluctuates depending on government initiatives, according to estimates made by the medical e...
500m euros investments in new districts in Cluj
The new housing complexes of Cluj-Napoca, including thousands or just several tens of apartments, make up a market of around 12,000 housing units, attracting investments of over 500m euros,...
20 foreign funds invest 1.1bn euros on BSE
Twenty of the biggest funds active on the Bucharest Stock Exchange owned around 1.1 billion euros in Romanian shares at the end of August, double last year's value. The increase is due to th...
Remex targets 5m euros from furniture exports
Remex, Reghin-based furniture manufacturer, estimates turnover worth 5.5 million euros for 2007, up 10% on last year. "We estimate a 10% turnover increase this year, against results register...
Skoda takes Compexit Trading sales to 9.5m euros
Cluj-based company Compexit Trading, local dealer of the Skoda brand, posted an approximately 9.5 million-euro turnover in the first eight months of this year, up 160% against the same perio...
Owner of Elit Cugir invests 1.5m euros in hotel in Alba
Dorin Mateiu, majority shareholder of Elit Cugir, one of the top five charcuterie producers on the Romanian market, has invested 1.5 million euros in building a four-star hotel in Alba count...