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RCS&RDS, profit increases 8 times to 35m euros
Last year, the telecom, software and services sectors derived the biggest profits for domestic firms, according to the data published on the Economy and Finance Ministry website. The smalles...
Italian and Spanish destinations drive TAROM revenues from flights abroad to 110m euros
The new flights TAROM has introduced to Valencia, Madrid or Bologna this yea r bolstered the company's revenues from regular flights abroad by 25% to around 110m euros (148m dollars) in the...
Europa Capital has over 300m euros for real estate projects
Investment management company Europa Capital, which has assets worth almost four billion euros in its portfolio, is set to become involved in real estate projects worth over 300 million euro...
Asirom needs at least 15m euros from shareholders to relaunch
Asirom, one of the largest insurance companies in Romania, requires investments worth at least 15 million euros to update its IT system, train human resources and reorganise its claim settle...
Producers derive profits of almost 50m euros on the pharmaceutical market
The main drug manufacturers in Romania registered profits of approximately 50m euros last year, compared with over 35m euros posted in 2005, according to ZF data. As a result, the biggest do...
Kronospan adds 5m euros to capital
Brasov-based Kronospan Romania, the distributor of Austria's Kronospan group, one of the main players in the wood industry, intends to increase its share capital by 5.36m euros, to 11m euros...
Office space yields to reach 6% in euros per year
The costs related to the construction of an office building are 60% higher than five years ago primarily due to the current rising prices of construction materials, but also because of the s...
Hot weather drives Electrica turnover to over 900m euros
Electrica, electricity distribution and supply company, registered a turnover worth 3.01bn RON (903m euros) in the first half of this year, up 6% against the same period last year. The compa...
Foreign analysts put this year's foreign investments at 7.2bn euros
Romania is going to attract foreign direct investments worth approximately 9.5bn dollars (7.2bn euros) this year, believe the analysts of 12 foreign financial and research institutions, whic...