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Electrica Banat and Dobrogea restructuring costs: over 3m euros
The restructuring process undertook by Italy's Enel, the only power group owning 2 electricity distribution companies domestically, generated 3 companies and a team of 500 energy "salesmen",...
Credex: 40,000 credit contracts worth around 20m euros in Q1
Credex Finantari (Credex Funding), the consumer finance company held by the Altex retailer and Raiffeisen Bank, signed over 40,000 credit contracts worth around 20 million euros in the first...
Foreign direct investment to exceed 7.6bn euros
The level of foreign direct investments will stand at 7.6 - 8 billion euros this year estimates the National Forecasting Commission (CNP). According to the estimates, 2007 could see foreign...
Mall in Valcea sold for 42m euros
The Portuguese company Sonae Sierra, which owns over 40 shopping centres worldwide, has entered the local market through a 42 million-euro transaction, by taking over the River Plaza shoppin...
Bathroom furniture brings 5m euros to Arthema
Timisoara-based Arthema, a producer of bathroom furniture, has estimated an approximately 5 million-euro turnover for this year, up 25% on 2006, when the company posted sales worth around 3....
Carrefour invests 5m euros in former Univers'All store
Carrefour, the biggest hypermarket network in terms of sales on the market, is to invest around 5 million euros in refurbishing the former Univers'All store in the centre of Bucharest. So fa...
SCA invests 10m euros to expand cardboard plant
Packaging producer SCA Packaging Romania will start an investment project worth 10 million euros in expanding production capacity of its corrugated cardboard plant in Timisoara. The project...
BT earmarks 3.5m euros for pension fund
Banca Transilvania (BT) intends to become involved in the pension funds market, after its shareholders approved the decision to include among its activities fund and pension fund assets depo...
BRD's private banking customers hold 650,000 euros on average
BRD-SocGen's private banking customers have reached an average value of portfolios of approximately 650,000 euros, as the total assets of this category of luxury clients last year increased...