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Tallest real estate complex in Bucharest to cost 220m euros
Cefin Real Estate Romania, the local branch of Italian company Cefin Holding, is to develop the highest real estate complex in Romania in the Capital, which will comprise a 36-storey office...
Procter&Gamble: Romanian business totals 550m euros
The four companies controlled by consumer goods giant Procter&Gamble posted a cumulated turnover worth 547.6 million euros last year and gross profit worth 46 million euros. The value of Pro...
Biodiesel market set to reach 25m euros
Eu fuel consumption norms will generate a 25 million-euro biodiesel market in the last six months of this year. Imports will make up the largest part of the market, though, as most projects...
Mega Image sales, in excess of 70m euros
Supermarket network Mega Image, which mainly operates on the Bucharest market, has posted 70.8 million euros in turnover last year, an increase of 14% on 2005, according to information suppl...
Orange Romania's revenues up 29% to 283.3 million euros in Q1
Orange Romania's revenues increased in the first quarter of this year by 29.1% to 283.3 million euros, while the number of recorded customers increased by 16.4% to 8.271 million, according t...
Borsec producer triples profit to 6m euros
The Romaqua Group, the biggest mineral water producer on the market, posted an approximately 6 million-euro gross profit last year, almost three times as much as in 2005, according to data p...
Terapia could make 20m euros from land sale
Terapia Ranbaxy, one of the leading drug producers on the local market, has decided to sell 9 hectares of land in Cluj-Napoca via a tender. The land in question has been estimated at up to 2...
BT spends another 7m euros on headquarters in Cluj
Banca Transilvania (BT), the fifth largest lending institution on the market, has expanded its headquarters in Cluj-Napoca by refitting and refurbishing a second building it owns in the city...
Reinert comes with 2m euros for brand promotion
Germany's H&E Reinert charcuterie producer, which finalised a 17m-euro greenfield investment near Brasov, is going to invest a net sum of 2m euros this year, to promote its brand domesticall...