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Lehman Brothers pays 16m euros for 5% of Adama
The powerful Lehman Brothers investment bank has joined the shareholder structure of Adama real estate development company by taking over 6.9 million shares accounting for a 5% stake in the...
Ion Gheorghe and Alexandru Haiduc get 40m euros for Bucharest land
The sale of assets and the 6-hectare area of land belonging to Compania Industriala Grivita, in Bucharest, will make Ion Gheorghe and Alexandru Haiduc, the main shareholders of the company,...
Excess imports widen trade deficit to 9.6bn euros
The level of exports in RON remained constant in June against last year, while imports advanced by 12%. As a result, the trade deficit widened by 65.2% in the first half of the year, to 32.2...
Euromedic borrows another 30m euros
Euromedic, a company specialised in providing medical diagnosis services, expanded its 25m-euro credit line for investments from ING Bank by as much as 30m euros, according to data published...
Air conditioning pushes electricity bills up by 30m euros
The use at maximum capacity of air conditioning units and electric fans during the heat wave is expected to increase electricity bills by at least 30 million euros this summer. In June and J...
Sweden's East Capital invests over 180m euros on BSE
Investment funds managed by Sweden's East Capital company reached a portfolio of approximately $250m (181m euros) on the domestic capital market in the first half of the year, accounting for...
A&D Pharma CEO: Company value may reach 1bn euros in 3 years
A&D Pharma, the company operating pharmaceuticals distributor Mediplus and the Sensiblu chain of drugstores, could reach a market value of 1 billion euros within 3 to 5 years. "The capitalis...
Astra H1 turnover climbs to 57m euros
Astra Asigurari in H1 underwrote gross premiums worth almost 190m RON (57m euros), up 2.5% against the results generated during the same period of 2006. General insurance premiums rose by al...
A&D Pharma invests 500,000 euros to launch Respiro card
Lauren Finance IFN, a division of A&D Pharma, has launched the first credit card for exclusive use in drugstores, Respiro, with the overall investments for the product's launch estimated to...