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45m euros for 50% in the biggest mall
Real estate development company Caelum Development, involved in the development of the Parklake Plaza Mall in Titan, has sold 50% of the project to Portuguese at Sonae Sierra in a deal worth...
Carpatcement braces itself for first year of net profit decline
German HeidelbergCement group, which operates on the domestic cement, aggregate and concrete markets, is expected to post a decline in net profit in 2008, after four years of growth, due to...
Orkla Foods drops Interbrands for Whiteland
Foods producer Orkla Foods has announced that it has struck a deal with distributor Whiteland and will drop Interbrands after a four-year partnership, in order to make its operations more ef...
Euros and Swiss francs are most popular currencies for loans
According to NBR data, euro loans now represent 53% of total non-governmental lending, after the figure increased by 70% between January 2007 and January 2008. Euro loans increased their sha...
Lower profit for Alpha Leasing, losses for Alpha Finance
Alpha Leasing, the specialist company of the Greek Alpha Bank group posted gross profit worth 1.42 million euros last year, down almost one million euros compared with 2006, while turnover s...
Half of new flats in Bucharest are empty, despite demand for over 100,000 units
Despite demand estimated at 135,000 units, half of the 2,000 new homes completed in Bucharest last year are empty, reveals an analysis by Polish consultancy company REAS in partnership with...
One quarter of new flats postponed for delivery until 2009
The number of new flats that will be delivered this year has gone down from 8,000 to approximately 6,000, reveals a ZF analysis, based on data collected for the first edition of the Ansamblu...
Deals total 500m euros for FMCG and services in 2007
One third of deals concluded last year on the services and FMCG (fast moving consumer goods) market were worth over 20 million euros each, but no deals worth over 100 million euros were reco...
Nordic expects 30% growth for Costa D'Oro
Foods importer Nordic Impex, whose business stands at more than 36 million euros, estimates sales of Costa D'Oro olive oil to go up by over 36% this year, as a result of rising consumption....