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Bancpost aims for 20m-euro profit
Bancpost has budgeted for profits of over 20 million-euros for this year, after the losses seen in 2005, due to the staff cutback related expenses that cost the bank 12.4 million euros. "Abo...
Sindan could be sold for over $150m
The Indian firms Ranbaxy Laboratories and Lupin Laboratories, as well as two other European pharmaceutical producers, are interested in the acquisition of the firm Sindan, specialising in th...
10m-euro business for Grundfos
The Danish Grundfos Group, one of the largest manufacturers of pumps in the world, has opened a sales office in Romania, which it hopes will help it make some 80 million Danish kroner (10.7...
Raiffeisen Leasing aims for 165m euros
Raiffeisen Leasing concluded 2005 with 5,280 contracts worth a total of more than 133 million euros, up approximately 14% from the previous year, due to the increase in funding for equipment...
Promising start for forex market
The year got off to a flying start on the forex market: the daily volume of transactions is frequently higher than 800 million euros, compared with an average of 300-400 million euros a year...
Cramele Recas earmarks 2m euros for expansion
The representatives of wine producer Cramele Recas, of Timis county, have announced investments standing at around 2 million euros for this year, to be directed towards technological flow mo...
100m euros above target for MOL
MOL Romania, the local branch of the Hungarian petroleum group, last year made more than 400 million-euro turnover, 33% above the 300 million target initially set, corporate sources told ZIA...
Gorenje aims for 15% higher sales
Slovenian home appliances manufacturer Gorenje estimates that sales will increase by 15%, to 16.5m euros, in Romania this year. "It is very hard to make forecasts for the home appliances mar...
Reimbursement for confiscated property could redraw rich list
The value, calculated in euros, of the largest reimbursement certificate issued by the Romanian state for property seized abusively during the communist regime is a figure of no less than ni...