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Severnav''s profit comes from reassessment of contracts
Severnav shipyard in Drobeta-Turnu Severin stepped into the black in the first quarter of this year, though not due to the increase in its turnover, but to the reassessment of contracts unde...
Impact: We bought land from Gigi Becali
The real estate development company Impact Bucuresti, which is listed on the Stock Exchange, has confirmed that it had built villas on several plots of land involved in the controversial lan...
GEFCO makes 7.5m euros from logistics and transport
French company GEFCO, a part of the Peugeot-Citroen group estimates it will post a turnover worth 7.5 million euros from logistics, distribution and transportation of goods in its first year...
Brokers gain 800,000 euros from Transelectrica''s listing
The syndicate of brokerage companies, which will handle the floatation of power grid company Transelectrica, will collect a fee worth almost 800,000 euros if it manages to sell all the share...
Lafarge derives 52m-euro profit from cement
Lafarge Cement, the domestic cement branch of French group Lafarge, last year derived gross income worth 52 million euros (188 million RON, calculated against an average exchange rate of 3.6...
Romstal Leasing takes loan from Raiffeisen Bank
Romstal Leasing has contracted a loan worth ten million euros from Raiffeisen Bank Romania, which will be used to expand the company''s activity, stated Ionut Chirila, marketing director of...
Copos announces resignation from Government
George Copos has announced that he handed in his resignation from the position of state minister to Premier Calin Popescu Tariceanu yesterday. He did this because he was unhappy that his pro...
Bunge posts 3.4m-euro losses from Unirea Iasi
Unirea Iasi, the edible oil producer, owned by the US giant Bunge, last year logged losses standing at 3.4 million euros (12.37 million RON), compared with net income worth 2.2 million euros...
JTI takes out loan in RON from ING
Cigarette manufacturer JT International Romania announced it would take out a credit in RON equivalent to 60 million dollars (47.2 million euros) from ING Bank this year, according to data p...