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German fund Berenberg invests 30m euros on BSE
Accession to the European Union has already brought new investment funds onto Bucharest Stock Exchange including the German fund Berenberg-Balkan-Baltikum, which invested over 30 million eur...
First Audi S6 worth over 100,000 euros goes to Timisoara
Porsche Romania, Audi importer domestically, in August delivered this year's first Audi S6 through Porsche Timisoara. Audi S6 is the sport version of A6, the large-class model of the German...
Cocor, fined 300,000 euros for "insider trading"
CNVM (National Securities Commission) has fined Cocor Bucuresti (COCR) 1.01 million RON (300,000 euros) for transactions that involved SIF Transilvania (SIF3) shares between May 24 and May 3...
Fincop Pensions Broker invests 10m euros in network expansion
Fincop Broker de Pensii Private (Fincop Private Pensions Broker), which operates on the market of mandatory pensions, will invest 10 million euros to expand its territorial network, which cu...
Rematholding: 100m euros from scrap iron in 3 years
From initial investments worth 200,000 euros, Rematholding group, which specialises in the collection, processing and sale of scrap iron, has derived in excess of 100m euros turnover in its...
Bogaris to invest 450m euros in its first large-scale project
Alfonso Otero Zapata, managing director for Poland and Romania of the Spanish real estate developer Bogaris, which has ongoing investments worth 680 million euros, has decided to open an off...
Real estate market drives Macon Deva turnover to 16.6m euros
Macon, a Deva-based producer and distributor of construction materials, in the first half of this year generated turnover worth above 16.6m euros, up 34% against the same period in 2006. The...
Tuborg summer sales reach 40m euros
United Romanian Breweries Bereprod (URBB), the company that holds the bottling licence for the Tuborg and Carlsberg brands on the Romanian market, saw sales worth 40 million euros over the s...
Petrom buys back Petromservice for 328.5m euros
Petrom announced the acquisition of the petroleum services branch of Petromservice on Tuesday, with Romania's largest company paying 328.5 million euros for the supplier that was part of it...