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Tess Conex: 20m euros from car subassemblies
Tess Conex, a producer of car subassemblies and parts intends to reach a business of 19.5 million euros this year, an increase of 5% on the 18.5 million euros derived last year. In 2006, the...
Credit Europe Leasing increases capitalby 8.2m euros
Credit Europe Leasing IFN, the leasing division of financial group Credit Europe, has increased its share capital by 8.2 million euros, following the 160% increase in the volume of funding g...
Tuborg has 15m euros for marketing
United Romanian Breweries Bereprod (URBB), producing Tuborg and Carlsberg brands under licence, has earmarked a net sum of 15 million euros this year for marketing activities, says Shachar S...
Artego's business increases to 53m euros
Artego, the Targu-Jiu based rubber manufacturer increased its business by 20.8% last year, generating 181.65 million RON (53 million euros). The net profit also increased 2.5 times, to 4.56...
Modern retail drives chocolate market to over 180m euros
Romanians ate eight chocolate tablets each last year, two tablets more than in 2005. Sales of chocolate products on the domestic market increased by 19% in terms of volume last year against...
A headhunter can make up to 40,000 euros
Tariffs operated by recruitment companies on the local market cover a wide range of margins, from 500 euros for entry-level positions, to 40,000 euros in the case of getting a top manger for...
Petrom to invest 150m euros in Kazakhstan
Petrom continues to develop new exploration and production perimeters through a new acquisition in Russia, as well as through investments of some 190 million dollars (152 million euros) in a...
Valmet: 35m euros from metallurgic products
Hunedoara-based Valmet Production, which manufactures steel-concrete products, and sells construction materials, has estimated a 35 million-euro turnover this year, an increase of 23% on 200...
Petrom employees could make over 500m euros from their 8% stake
Around 60,000 people, who have been Petrom employees since August 2003 until now, could share an over 500 million-euro profit from an 8% stake in Petrom they will receive from the state. The...