euros
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Altex revises estimated turnover down by 30m euros
Altex, the largest electronics and home appliances retailer on the local market, has downwardly revised its estimates for this year's turnover to 400 million euros, after, at the beginning o...
Germanos adds 3m euros to Sunlight's share capital
Sunlight Romania Filiala Bucuresti has increased its share capital by 10.7m RON (3m euros), to 12.7m RON (3.6m euros), via a cash contribution from its sole partner - Germanos Telecom Romani...
Prodplast, 65m euros from land
Plastics producer Prodplast Bucuresti (PPL) has recently reassessed its assets with a view to breaking up the company. The value of assets stands at 275.7m RON (around 76m euros), from 42m R...
Smithfield invests 100m euros in farms
The agricultural unit of Smithfield group, one of the biggest US investors in Romania with a global turnover of around 9bn euros, is set to invest around 100m euros this year in order to dou...
Transport Ministry asks for 600m euros at budget adjustment
The Ministry of Transport has asked to be awarded around 600 million euros at the next budget adjustment, in order to speed up road and railway infrastructure projects. Priorities include th...
bauMax invests 10m euros in a store in Bacau
Austrian DIY retailer bauMax opened a store in Bacau at the beginning of this week, as part of the expansion programme announced early this year, which could double the company's turnover, t...
Mandatory pension funds: 3.2m euros investedon Stock Exchange
Mandatory pension funds had placements worth around 11.6 million RON (3.2 million euros) on the Stock Exchange at the end of June, according to data from the Private Pensions Supervisory Com...
Tight competition delays cost increases for credits in euros
Top ranking retail banks are yet to make credits in euros more expensive, after the signal sent last week by the European Central Bank, amid heated competition from players seeking to gain m...
Dealers trade 34bn euros in June
Transactions on the Bucharest forex market have stabilised at around 34-36 billion euros over the last few months, a lot lower than the all-time high of 41 billion euros, reached in January....