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Vitacom: 14.8m-euro business from electronic components
Vitacom Electronics in Cluj-Napoca, an importer and distributor of electronic components, parts and accessories, estimates it will post a turnover worth 14.8 million euros this year, up by o...
E.ON, over 60% of turnover derived from supply
E.ON Moldova Furnizare, the electricity trading company that split from the former Electrica Moldova, is the primary turnover growth engine of Germany's E.ON group on the domestic market, an...
State could receive 2bn euros from CFR Marfa's privatisation
State-held company CFR Marfa (a freight operator), which is expected to complete its privatisation strategy in around three months, is worth somewhere between one and three billion euros, ac...
PayPal to help double online shopping from abroad
Gecad ePayment, an integrator of e-commerce solutions, has introduced PayPal as a means of payment for merchants that use the ePayment system, and expects to see a doubling of its sales made...
Vlad Stan could get several millions of euros from Vodanet exit
Vlad Stan, one of the top five managers in the Romanian online industry, could collect several million euros from the sale of the 40% stake he holds in the online publishing company Vodanet...
Domo founders invest money from sale in 100-hectare plot
Domo founders, Lorand Szarvadi and Ferenc Hegedus, have invested the capital from the sale of about 50% in the home appliances retailer in a plot of land in northwest Bucharest, 15 kilometre...
Vinexpert to reach 5m euros from wine retail by 2010
Vinexpert, the most important wine retailer on the Romanian market, intends to see its turnover reach the 5 million-euro mark by 2010, compared with the 0.9 million euros reported last year....
Euro may hit 3.5 RON, but where will it go from there?
The euro could climb to a level of 3.5 RON, or even higher, over the coming period, but what direction the exchange rate will follow afterwards remains unclear. After the RON/EUR exchange ra...
Keston Boilers: 13.2m euros from boilers
The Romanian branch of the British boiler producer Keston Boilers, Celsius 2000, forecasts turnover worth 13.2 million euros this year, up around 17% on last year. "In the 1994-2004 period,...