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Agip in the black for third year in a row
Agip Romania, the domestic branch of Italy''s Eni oil giant, at the end of last year hit net income worth 1.22m euros, double the value reached in 2004. Amid the opening of the Romanian mark...
Losses of 6.2m euros for Astra Asigurari
Astra insurance company closed the 2005 financial year with total losses of 6.2 million euros (22.4 million RON), 5.2 million euros of which come from general insurance, reads a report of th...
Five final bids for Electrica Muntenia Sud
CEZ (Czech Republic), Enel (Italy), Gaz de France, Iberdrola (Spain) and RWE Energy (Germany) submitted final bids on Tuesday to take over a 67.5% stake the state owns in Electrica Muntenia...
EA chooses Bucharest for mobile game development in Europe
World''s largest video games developer and publisher, US-based Electronic Arts (EA) has chosen Bucharest as its European location for the development of games for mobile phones, investing at...
24m-euro revenues for McDonald''s distributor
Romdis, the main distributor of frozen products to be cooked in McDonald restaurants, posted a turnover worth 24 million euros (87.6 million RON) last year, a 20% increase against the previo...
New partner for RTPR
Radu Taracila Padurari Retevoescu (RTPR) law firm announced that a new managing partner had been brought on board since the beginning of this month, Mihai Ristici. Ristici joined the RTPR te...
President Basescu hospitalised for surgery
President Traian Basescu was admitted to the Elias Hospital yesterday where he was subjected to some tests and diagnosed with a herniated disk. The condition of the chief of state was checke...
$7.5 million sales for Gedeon Richter
In the first quarter of this year, Gedeon Richter, the biggest Hungarian pharmaceutical producer, reported sales on the Romanian market worth 7.5 million dollars (over 6.4 million euros), 65...
Alstom Transport may bid for Electroputere
Alstom Transport, part of the French industrial group Alstom, will analyse the conditions that the Bucharest authorities will set for the privatisation of Electroputere Craiova, whose sale f...