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Almost 50% growth for MOL Romania
Magyar Olaj es Gazipari (MOL) group reported 49.4% higher fuel sales in Romania in the first half of this year, compared with the first six months of 2005. The trend was triggered by the exp...
Industrial ecology services make ?8m business for Ecomaster
Industrial ecology service company Ecomaster Servicii Ecologice, which is part of the Rompetrol group, plans to achieve $10.5 million (8.5 million euros) turnover this year, 15% higher than...
Orkla pays 16 million euros for Linco producer
Orkla Foods Romania, a major player on the domestic market of consumer goods, paid 16.3m euros for the acquisition of margarine producer Royal Brinkers Romania, a deal announced last Decembe...
Five times lower net income for Azomures
Azomures Targu-Mures, a producer of chemical fertilisers, has budgeted net income worth around 0.83m euros (2.94m RON) for this year, down 83% from the net income posted in 2005. The company...
Bedminster Capital has 60m euros for acquisitions
Southeast Europe Equity Fund II (SEEF II) investment fund, managed by Bedminster Capital Management US firm, has approached the Romanian market, looking for acquisitions worth 60 million eur...
103% net income growth for UniCredit Romania in H1
UniCredit Romania posted a net profit worth 17.4 million RON in the first six months of the year, a 103% increase against the same period last year, with assets at the end of this period sta...
22m-euro business plan for Nike's importer
Elmec Romania, the importer and distributor of the Nike sportswear on the domestic market, posted 45-50% sales growth in the first half compared with the same time last year. "We estimate 22...
State to ask banks for 300m-euro loan
The Government will take out a loan of up to 300 million euros from the domestic market as soon as possible, in order to be able to provide the money necessary to start the mandatory home in...
7m euros for offices in Baneasa
7m euros for offices in Baneasa