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How the state lost one billion euros from the Alro deal
Aluminium producer Alro Slatina, which was privatised in 2002 for 11.4 million euros, has now reached a market value of 2.5 billion euros. The state currently owns 10% of Alro, through the P...
BCR, BRD and BT: total of 75m euros from Asiban's sale
The three banks (BCR, BRD and Banca Transilvania) that have decided to sell their stakes in the insurance company Asiban, could secure at least 25 million euros each, with the market value o...
25% margin from franchise consulting and brokerage
A business on the segment of franchise consulting and brokerage services starts from a 100,000-euro investment and generates turnovers of beyond 250,000 euros, with a 25% profit margin. Euge...
Car leasing available in Swiss francs from Porsche
Porsche Leasing, a company part of the Porsche financial group, is to launch leasing in Swiss francs onto the car funding market. Another member of the group, Porsche Bank, launched credits...
GreenForest expects 4m euros from office furniture
Timisoara-based office furniture producer GreenForest, estimates it will post a 4 million-euro turnover this year, a 20% increase in financial indicators against 2006, when it saw sales wort...
BCR Leasing: 7-fold higher turnover from real estate
BCR Leasing in the first four months of this year signed contracts worth 140m euros, up around 47% against the same period of last year. The company is thus vying for the market leader posit...
Wizz Air flies from Targu-Mures to London
Low-cost airline Wizz Air will launch flights from Targu-Mures to London (Luton Airport) in October, simultaneously introducing flights from Bucharest to Valencia, Parma and Liverpool, the o...
Bunge relocates factory from Bulgaria to Romania
Bunge, the leader of the vegetable oil market in Romania, will close its Kaliakra oil plant in Bulgaria and relocate its entire production to Romania, despite initially announcing that it wo...
How Fusu became a millionaire in euros from the Internet
Calin Fusu, 33, has recently become one of the youngest Romanian millionaires, through money he has made from the Internet, a business which the "old capitalists" of Romania refused to inves...