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Max Mara aimed at customers with annual incomes of 100,000 euros
Italy's luxury brand Max Mara will open six or seven new stores within the next five years, with the potential cities including Timisoara, Brasov, Constanta, Cluj, Sibiu, Oradea and Iasi. At...
Oriflame: Romania targeted for investments worth several billion euros
Romania is on the list of Swedish company Oriflame for the construction of a cosmetics plant, along with Hungary, Ukraine and the Czech Republic. Oriflame is seeking a location for a new cos...
UAMT Oradea borrows up to 3.5m euros for investments
UAMT Oradea, a producer of car parts and accessories, plans to contract loans worth as much as 3.5 million euros for investments, the company announced. The loans will be guaranteed with ass...
Romanian Lottery brand appraised at 35m euros
The Loteria Romana (Romanian Lottery) brand has been appraised at 35 million euros, which makes it number one of all Romanian brands and 758th in the European ranking of 3,000 brands, indica...
Trigon investments on the market in H1: almost 7m euros
Investment funds managed by Estonia's Trigon Capital have reached an exposure close to 38m euros on the Romanian capital market, double the level registered at the end of last year, when the...
Pro Confort invests 70m euros in 1.500 flats
Pro Confort group, controlled by brothers Ionut and Robert Negoita, is poised to invest approximately 70 million euros within the next two years to build a housing complex with 1,500 flats i...
SIFs sit on 127m euros
The five financial investment companies (SIF) at the end of August held banking deposits worth 406m RON (127m euros), up 50% from the end of last year, according to the portfolio statement i...
BelRom earmarks 100m euros for Colentina retail park
BelRom real estate developer has allocated 100 million euros for the development of a retail park and two office buildings in Bucharest's Colentina district, on the site of the former Helitu...
Daw Benta sales hit 9m euros in H1
Targu-Mures-based Daw Benta Romania company, part of Daw & Caparol group, a paint and varnish producer, in the first half of this year registered turnover worth above 9.1m euros, up 57% agai...