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Highest net salary in Romania, 110,000 euros a month
The highest net salary collected by an employee in Romania amounted to 109,986 euros per month in 2005, according to the information provided by the National Fiscal Administration Agency (AN...
Scania to spend 5m euros on service facilities
Scania Romania, the general importer of the Swedish brand, in collaboration with two independent dealers, will invest about five million euros in building four vehicle service facilities in...
Kronospan increases credit lines to 16m euros
According to an announcement published by the company in the Official Gazette, shareholders of Austrian group Kronospan have increased the credit facilities taken out by the Sebes-based plan...
Agricola Bacau invests 12m euros to upgrade production facilities
The Agricola Bacau group of firms, one of the biggest local poultry producers, will invest 12 million euros in modernising production facilities this year. "Out of the total value of investm...
Cosmetics companies invest 430m euros in advertising
The top six investors in advertising on the cosmetics market have spent 430 million euros (rate-card) on advertising according to last year's figures, thus topping the total value earmarked...
Ticketing may boost Eurolines turnover to 30m euros
The Eurolines group, which comprises approximately 16 companies with different activities - ranging from international passenger transportation to air ticketing and sales of travel packages,...
Piraeus grants 702m-euro credits and gains 4.5m euros
Piraeus Bank last year witnessed a 4.5 million-euro gross profit, almost triple the level seen in 2005, according to data published in Athens. Parent bank Piraeus Bank Greece reported assets...
Astra-Uniqa: 3m euros from maritime insurance
Insurance company Astra-Uniqa last year handled gross underwritten premiums worth 3.8 million dollars (3 million euros) from maritime insurance. Such premiums have had a significant share in...
Individuals' overdue payments on small loans, 78m euros
Individuals' overdue payments on small loans in November climbed to 268 million RON (the equivalent of a little more than 78 million euros). Against November 2005, the volume of outstanding...