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Transelectrica earmarks 150m euros for cable to Turkey
Transelectrica, the national power transmission company, is set to invest at least 150m euros by 2020 for the construction of a submarine power cable for energy transmission to Turkey and fo...
Daewoo, losses of over 345m euros last year
Daewoo Automobile Romania, for which Ford US carmaker is in talks with the Romanian state to take over, registered net accounting losses of 345m euros in the previous financial year, while t...
ADM Farm to invest 4m euros to double the number of drugstores
ADM Farm, a pharmaceuticals distributor, which owns the Sante drugstore chain, is set to invest around 4m euros this year to expand its retail network to 30 drugstores. "At the moment, we ha...
Trade growth drives TCE sales to 5m euros
TCE Logistica, one of the main players on the domestic courier services market, registered turnover worth five million euros in the first half of this year, 25% higher against the same perio...
Temporary work contracts set to bring Adecco 15m euros
Temporary employment contracts will bring Swiss-based company Adecco 15m euros on the domestic market next year, given that the company expects to generate a 30m-euro turnover in 2008, for i...
British fund EEPF has 20m euros for three acquisitions
Real estate investment fund Eastern European Property Fund (EEPF), listed on the AIM market of the London Stock Exchange, intends to acquire three real estate properties in the Capital by th...
Vosganian: The administration is wasting 600m euros a year
The public administration and the other state-run institutions waste 600 million euros per year, in wage funds for jobs and for civil servants who are simply not there, says Varujan Vosgania...
Ardaf puts up for sale assets worth 6m euros
Ardaf, an insurance company taken over at the beginning of the year by the Czech-based PPF Investments, has decided to sell part of its assets, which consist of both land and buildings worth...
Domestic electronics, electrical home appliances and IT&C market, head for 1bn euros
The domestic electronics, electrical home appliances and IT&C market is worth just below one billion euros, with the IT&C segment accounting for 25%, black electronics 35% and white electric...