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Frigoglass wants 85m euros from refrigerated display cases
Frigoglass Romania, a provider of personalised solutions and services for commercial refrigeration, expects to derive a turnover worth 85.6 million euros this year, up 37% year-on-year and 7...
Banca Transilvania seeks to raise 41 million euros from shareholders
Banca Transilvania, the largest Romanian-controlled bank, intends to increase its share capital by about 217.7 million RON (65 million euros), by capitalising the net profit of 2006 and the...
Bere Mures invests 3 million euros in marketing
Bere Mures, the second biggest producer on the domestic beer market, will invest over 1.2 million euros in promoting the Neumarkt brand, positioned on the PET-bottled beer segment. Bere Mure...
Elpreco makes 39 million euros from construction materials
Construction materials producer Elpreco, based in Craiova, controlled by American investment fund Broadhurst, estimates a 25% turnover increase for this year, to some 48 million euros. "This...
Oil products market hits 3bn euros
Sales of oil products last year went up by over 17%, driven by the 16% growth of the domestic car market and the increased transportation activity in the region. The upward trend is expected...
Dawnay Day invests 135m euros in Cluj and Arad
British investment and financial services group Dawnay Day, owner of the Brasov-based commercial centre MacroMall, says it will invest 135 million euros in two real estate projects in Cluj-N...
Centro makes 300,000 euros per coffee shop
Trend Hospitality, which controls the Centro coffee shop chain, is witnessing average revenues worth 300,000 euros from each of its coffee shops on the Capital market. "Some generate higher...
Siemens VDO invests 25m euros in 2 new facilities
Siemens VDO, the division that handles automotive components production within the German group Siemens, invested 25 million euros last year in the construction of a production centre in Tim...
HLV Transilvania to invest 2m euros in timber production
Sibiu-based company HLV Transilvania, specialising in forest exploitation and timber production, will invest 2 million euros this year in acquiring equipment for the timber plant in Talmaciu...