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Banvit set to invest 10m euros in poultry production
Banvit group, Turkey's biggest poultry producer, invested 5m euros in a poultry incubator in Urziceni, Ialomita county, and plans to double its investment in the next two years. "We are goin...
Forex market growth halts at 23.3bn euros in April
After a booming increase, by over 10 billion euros in the October 2006 - March 2007 period, the volume of transactions on the inter-bank forex market finally stabilised in April, when it fel...
PNTCD leader makes 27 million euros in one week
The market value of the construction supplies manufacturer Prefab Bucuresti controlled by Marian Petre Milut has increased by 3.5 times, to almost 80 million euros. In the last week alone, P...
Bank CEOs can earn up to 220,000 euros a year
A chief executive officer of a company on the domestic market earns between 90,000 to 220,000 euros in net amount a year, that is 7,500 to 18,300 euros per month, reveals a salary survey con...
Mayor Videanu has some 100m euros in land in Bucharest
The surge in the land prices in Bucharest over the last couple of years as a result of demand for space to develop real estate projects has brought to the fore the land of the former factori...
BCR: Romanians can save 17.5 euros / month
The potential average monthly saving for a Romanian citizen stands at 17.5 euros compared with 21 euros in the Czech Republic, 27 euros in Poland, and 36 euros in Slovenia, according to esti...
Immoeast buys Euromall Pitesti for almost 90 million euros
Immoeast, the most active real estate investment fund on the domestic market is in advanced talks to purchase the Euromall Pitesti shopping complex. According to sources on the real estate m...
Warm weather boosts soft drinks market by 200m euros
This year's longer-than-usual warm season is likely to take sales of the major players on the soft drinks market up to over one billion euros. The ten largest players on the soft drinks mark...
Petrom's first quarter profit plunges 55% to 112 million euros
Petrom's turnover fell by 8% in Q1, to 815 million euros. "In the first three months we were faced with unfavourable conditions including lower oil prices and the strong appreciation of the...