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Carpatair turnover surges to 73m euros
Carpatair, the second largest carrier on the Romanian market, has budgeted a 15% turnover increase for this year, to 85 million euros. The company closed last year with a 73 million-euro tur...
Clothing manufacturer ModaTim allocates 8m euros for office building
Clothing manufacturer ModTim, which is investing 8 million euros in building an over 10,000 square-metre office building in Timisoara, could finalise the building at the beginning of Septemb...
Ortoprofil seeks to make 6m euros from medical equipment
Ortoprofit Prod Romania, based in Targu-Mures, one of the leading local producers of orthopaedic medical equipment, estimates it will see an over 6 million-euro turnover in 2007, a 20% incre...
Banks bring 11bn euros from abroad to fuel lending
The foreign debts of the banking system exceeded 11 billion euros at the end of November 2006, after having surged by around 41% from the level registered in 2005. At the same time, foreign...
MiniMax to invest 70m euros to reach 100 outlets
MiniMax Discount retailer plans to develop a 100-outlet network over the following 5-7 years by expanding at a faster than before rate. "We plan to open over 100 outlets over a period of 5-7...
FMS estimates turnover worth 4m euros
Fleet Management Services, a company specialising in car fleet management, expects to double its turnover to 5 million dollars (4 million euros) in 2007, compared with the 2 million-dollar t...
Tina R estimates 50% turnover increase to 6m euros
Clothing store network Tina R estimates a turnover increase from 4 million euros in 2006 to 6 million euros this year, triggered by the opening of new stores and by the sales increase seen i...
Fadesa to invest over 1bn euros in residential projects
Real estate development company Fadesa Immobiliaria intends to invest over one billion euros in Romania for the construction of five residential projects in Bucharest and Bacau, which will c...
eMAG.ro expects revenues worth 80m euros
eMAG.ro, the largest online retailer on the local market estimates the revenues derived from the online sales of IT and electronic products will range between 75-80 million euros this year....