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British fund Equest to raise another 50m euros for Romanian investment

British real estate investment fund Equest Balkan Properties, which owns eight properties on the domestic market, aims to raise funds worth 50 million euros by September this year from the A...

Ziarul Financiar · 17.07.2007 · 19:46 · 1 min
Fords to invest over 675m euros in Craiova
ZF English

Fords to invest over 675m euros in Craiova

Ford has submitted a bid to take over the Automobile Craiova car plant, pledging to make direct investments worth 675 million euros and to double the number of employees, up to 9.000. At the...

Ziarul Financiar · 16.07.2007 · 18:40 · 1 min
ZF English · Companies

Amsterdam Cafe shareholders invest 2m euros in new hotel

The shareholders of Bucharest's Rembrandt hotel and Amsterdam Cafe will invest two million euros in a new hotel located in the historical centre, after closing down the Amsterdam Cafe bar an...

Roxana Grigorean · 16.07.2007 · 18:38 · 2 min
ZF English

Speculators push forex transactions to 30bn euros

The forex market boomed in June and witnessed a new record volume of transactions, which overshot the 30 billion-euro mark after coming under pressure from inflows of speculative capital att...

Ziarul Financiar · 13.07.2007 · 19:50 · 1 min
Ursus shareholders invest 50m euros to boost production capacities
ZF English

Ursus shareholders invest 50m euros to boost production capacities

Ursus Breweries, the beer market's second largest player, which posted turnover worth over 185 million euros last year, will invest 45 to 55 million euros in expanding its production capacit...

Ziarul Financiar · 13.07.2007 · 19:50 · 1 min
EU Integration drives Serpico turnover to over 7.5m euros
ZF English · Companies

EU Integration drives Serpico turnover to over 7.5m euros

Serpico Trading, a distributor of food products, expects sales to advance by 50% this year, which would take the company's turnover to over 7.5m euros. "The effects of EU integration have ge...

Mihaela Popescu · 13.07.2007 · 19:49 · 2 min
ZF English

ING Real Estate buys Felicia shopping centre gallery in Iasi for 40m euros

ING Real Estate Management (ING REIM), the real estate investment arm of ING Group will buy the shopping gallery at the Felicia retail project in Iasi in a deal worth around 40 million euros...

Catalin Lupoaie · 13.07.2007 · 19:48 · 2 min
ZF English

Gedeon Richter invests 6.6m euros in logistics centre

Hungarian pharmaceutical company Gedeon Richter, one of the most active players on the domestic pharmaceutical market, has invested 9 million dollars (6.6 million euros) in building a logist...

Ziarul Financiar · 12.07.2007 · 21:03 · 1 min
ZF English

Joseph Seroussi: "For 200m euros, I will sell the business"

Businessman Joseph Seroussi, owner of four textile plants and of the No 36 clothing stores, says he would not turn down a 200 million-euro offer to sell. "If someone were willing to give me...

Ziarul Financiar · 12.07.2007 · 21:02 · 1 min