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Gas imports drive Romgaz income down to 61m euros
Romgaz Medias gas producer, one of the most valuable companies still held by the state, in the first half of this year generated net income worth 61m euros (202m RON), down 8%. The main fact...
Carpatair business climbs to 38.7m euros
Carpatair, the second largest airline operator on the Romanian market, saw a 27% turnover increase in the first half of this year, to 38.7 million euros. "As expected, the liberalisation of...
Biofarm gets 2m-euro plot of land from the state for 135,000 euros
The Romanian state is set to receive shares worth 135,000 euros from the drug producer Biofarm Bucuresti in exchange for a plot of land worth 2-4 million euros, according to prices used on t...
CORRECTION: The "Dawnay Day invests 60m euros in Cluj"
CORRECTION: The "Dawnay Day invests 60m euros in Cluj" article in ZIARUL FINANCIAR's August 16 issue incorrectly said that the new project announced was the second of the British company on...
KD invests 10m euros in mandatory pensions
On Tuesday, the group submitted its proposal to the Private Pension Supervision Commission (CSSPP) to form a company to manage second pillar pension funds, with a 10 million-euro investment...
Strong RON forces Petrom's profit down to 266m euros
A drop in the price of crude oil and the appreciation of the Romanian currency against the dollar has resulted in Petrom's profit witnessing a decline of 34% in euros in the first half of th...
Foreign deficit, record increase of 1.87bn euros
At the same time, the volume of foreign direct investments climbed by 827m euros, to 2.96bn euros. Therefore, June became the best month of this year in terms of the volume of investment inf...
Dawnay Day invests 60m euros in Cluj
British real estate investment fund Dawnay Day Carpathian has acquired a 19,400 square metre area of land in Cluj-Napoca, on which it intends to develop a project that will include retail sp...
Cameron to invest 46m euros in Ploiesti plant
Cameron US group, one of the world's main providers of equipment and services for the oil and gas industry, is set to invest $63m (46m euros) in a plant located in Ploiesti. Through the move...