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URBB invests 1m euros to promote Holsten
United Romanian Breweries Bereprod (URBB), the producer of Tuborg and Skol, this year will invest one million euros in promoting the Holsten beer brand. The investment will help sustain the...
Relad shareholders to borrow up to 60m euros
Relad Pharma, one of Romania's major drug distributors, and Relad International, a company operating drug imports, are going to contract a loan worth as much as 60 million euros, according t...
Africa-Israel buys land worth 60m euros for housing
The Africa Israel Europe real estate development firm, which is building the Cotroceni Park shopping complex in Bucharest, plans to buy three plots of land valued between 60 and 70 million e...
Cardiovascular drugs take Sanofi's business to over 115m euros
Sanofi-Aventis, the third largest player on the Romanian drug market, estimates it will see an over 15% increase in sales this year against 2006. "We expect our growth rate to exceed the mar...
Domestic cement market expected to top 600m euros
The cement market, one of the most dynamic sectors within the constructions industry, is expected to expand by around 15% this year in terms of volume, helped by a 4-5% price hike. As a resu...
Angst invests 5m euros in stores
Angst, one of the main players on the local charcuterie market, will expand its network by nine stores this year, four of which will be located in Bucharest. The company currently owns 23 st...
Ro Holland invests 1.5m euros in logistics
Medias-based Ro Holland Trans, which is part of the Dutch group De Greef, will invest 1.5 million euros in a refrigerating storage facility this year, which will become operational at the be...
Real estate leasing boosts Immorent financing to 28m euros
Immorent Romania, the leasing arm of Austria's Erste Bank, last year released financing worth 28.3 million euros, an increase of 80% from the 15.7 million euros registered in 2005. "The incr...
Tassulo Group invests 15m euros in plant in Bolintin
The Italian group Tassullo, specialising in the production of thermo-insulating construction materials, will invest some 15 million euros in the next three years in building a construction m...