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Daewoo Craiova privatisation, Tariceanu's main project for 2007
The privatisation of the Daewoo Craiova carmaker is the main economic project Premier Calin Popescu Tariceanu has for 2007. He believes Romania has the chance to become the country with the...
3.7m-euro business for Westfourth architecture firm
Architecture firm Westfourth last year posted a 3.71 million-euro turnover, double the total recorded in 2005. The company also increased its workforce by over 50% last year, to 25 employees...
Simcor group takes out 3.3m-euro credits for investments
The Oradea-based Simcor group, which operates on the construction material market, has taken out loans worth a total of some 3.3 million euros from OTP Bank, to invest in its lime and ACC (a...
BRD-SocGen budgets 400m euros portfolio for SMEs
BRD-SocGen plans to double its portfolio of loans granted to small and medium-sized enterprises through standardised products this year, to some 400 million euros. BRD in mid last year launc...
56m-euro turnover for Butan Gas
Butan Gas Romania, one of the leading players on the local market of liquefied petroleum gas (LPG), posted a 55.6 million-euro turnover at the end of last year, up 28% from 2005. The company...
New customers for outdoor advertising
The elimination of outdoor advertising for cigarettes is not shaking a market estimated at 35 million euros last year. The EU accession came with some bad news for the companies that operate...
Ministry of Finance prepares Supervisory Board for CEC
The Ministry of Finance, sole shareholder of the CEC (Romanian Savings Bank), intends to separate the executive management of the bank from its management-supervision structure and set up a...
Interbrew spends over 55m euros for promotion
Interbrew Romania, the third largest player on the local beer market invested over 55 million euros (rate-card) last year to promote all the beer brands in its portfolio, says Mihai Ghyka, g...
Atlassib borrows 2.5m euros for coaches
Several companies in the Atlassib holding, among which Transmixt, Autotim and Transdara, took out a credit worth 2.48 million euros in order to acquire 24 IRIBUS coaches, according to data f...