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Murfatlar pledges wine collection for 10m-euro loan
Murfatlar Romania, one of the leading players on the domestic wine market is pledging its entire wine collection to secure a 9.5 million-euro loan from OTP Bank. It needs the money for its d...
Broadhurst and Property Fund to get 7m euros for Otelinox shares
A number of Otelinox Targoviste shareholders, including Broadhurst investment fund and the Property Fund, whose stakes total 19.84% together, filed for exiting this company and are to get 25...
7.8m-euro business for Famos SA
Furniture manufacturer Famos SA from Odorheiul Secuiesc closed 2005 with a turnover worth 28.5 million RON (7.8 million euros), up from 26.9 million RON (6.6 million euros). The profit for t...
100m-dollar fund for Central and Eastern Europe
East Capital this month will launch a new fund targeting investments in the South-Eastern European area, with a total capitalisation worth 100 million dollars, the company specialising in fi...
Dexia drops out of race for CEC
French-Belgian group Dexia, whose assets stood at 509 billion euros at the end of 2005, and which competed for BCR last year, has dropped plans to submit a bid for CEC, banking sources told...
40m-euro business plan for Agrirom
Agrirom, one of the top ten food distributors, estimates turnover worth 40 million euros for this year, more than the 34 million euros seen last year. "Our main objective for 2006 is to cons...
Semanatoarea, green light for de-listing
The National Securities Commission (CNVM) gave Semanatoarea the green light to de-list from the Stock Exchange, after the company's shareholders had voted for the de-listing in the General M...
3m-euro advertising for private pensions
The Supervisory Commission of the Private Pensions System will spend the net sum of three million euros for a promotional campaign for private pensions that will start in the autumn. The mon...
Yoghurts generate 10m-euro profit for Danone Romania
Danone Romania, the domestic branch of the French foods group of the same name, last year posted gross profit of 9.7 million euros (35.4 million RON), an increase of 53% from 2004. Danone's...