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Hidroconstructia's real estate assets exceed 100m euros
The real estate assets of Hidroconstructia, the biggest constructions company on the domestic market, which derived turnover worth 220 million euros last year, have been valued at more than 100 million euros by Darian company. The more than 180 properties the...
Imported gas to exceed $600/1,000 cubic metres
The Germans at E.ON Gaz Romania and the French at Distrigaz Sud are warning that the price of imported gas will reach as much as 600 dollars per 1,000 cubic metres in the fourth quarter comp...
Average gross salary at Carpatcement to exceed ?900
Employees of Carpatcement Holding, the local subsidiary of German cement manufacturer HeidelbergCement, will earn a gross income worth over 900 euros this year, over 20% more than last year....
UPC losses double in 2007 and exceed 65m euros
Telecom operator UPC Romania posted losses worth 230.18 million RON (65.3 million euros) in 2007, up 107.8% against the previous year, according to company data from the draft of the merger...
Mega Image could exceed 150 million euro turnover mark
Mega Image, the largest supermarket network in Bucharest, could reach turnover worth 150 million euros this year, in the wake of new openings and the integration of the La Fourmi network. Th...
Austral: Office supplies and stationery market set to exceed 200m euros
The office supplies and stationery market in Romania, where over 40,000 companies are currently operating, according to Trade Registry data, cited by Austral, is seeing an average annual gro...
Lukoil petrol station sales exceed 1bn euros
Lukoil Romania, the retail division of the Russian petroleum group Lukoil, last year derived an operating income worth 78.9 million dollars (50.5 million euros) on the local market, up 142%...
Restaurant business to exceed 2bn euros in two years
The local restaurant market, where fast-food chains like McDonald's, KFC and Pizza Hut prevail, will double over the next two years, and is expected to reach over two billion euros, driven f...
Major retailers: Our profits don't exceed 5% of turnover
The Association of Large Retail Networks in Romania (AMRCR) has answered the accusations made by foods producers that say profit margins in Romanian modern retail are smaller than in traditi...