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100m euros more for Bechtel
The Ministry of Transport, Construction and Tourism intends to supplement the funds allocated to the building of the Bucharest - Bors highway for this year with 100 million euros, increasing...
April, slowest month for investments
Foreign investments had their poorest performance in April since the beginning of the year. Subscription of share capital stood at a mere 37 million euros, almost four times less than in the...
163m-euro business for Hidroconstructia
The construction company Hidroconstructia posted a turnover worth 587.1 million RON (some 163 million euros) last year, a 27.3% increase against the figure seen in 2004 and a net profit wort...
10m-euro investments for Clinica Polisano
The medical services division of the pharmaceuticals distributor Polisano intends to invest some 10 million euros in the next three years in opening new clinics and a private hospital. "The...
60m-euro business plan for ADM Farm
Pharmaceutical distributor ADM Farm estimates turnover worth 60 million euros this year, a 50% increase against 2005. "After the first quarter of 2006, we witnessed a 14% growth against the...
Transelectrica prepares for floatation with Ã29m profit
Transelectrica national electricity transmission company concluded last year with 36% higher net income in euros, but did not manage to top the profit posted in 2003. The company is going to...
22% lower revenues for Comnord
Construction company Comnord Bucharest posted a turnover worth 6.05 million euros (21.5 million RON) in the first quarter of this year, a 22.5% drop against the same period of 2005. The comp...
Petrom collects $44m for Rafo''s debts
Petroleum company Petrom transferred its receivables over the Rafo Onesti refinery to Calder-A International, which is registered in the Netherlands, for the sum of 44 million dollars (35 mi...
Efes sells 49.99% in Ploiesti factory to InBev for 20.8m euros
Turkish Efes Breweries International (EBI) will sell its entire 49.99% stake in the Interbrew Efes Brewery Ploiesti factory for an estimated 20.79 million euros to InBev, EBI announced. The...