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Transgaz rights generate 5% average yield on first trading day
The allotment rights of Transgaz Medias (TGNR01) traded for an average price of 301.5 RON on the first day, 57% higher than the sale price of the shares during the offering, 191.92 RON. Cons...
Pan Group: exports generate 10% of turnover
Milling and bakery producer Pan Group, based in Craiova, which posted turnover worth 23 million euros in 2006, estimates exports will account for 10% of the company's turnover next year, i.e...
Cement producers generate half of Segezha's business
Paper packaging manufacturer Segezha Packaging, which owns a plant in Ploiesti, forecasts turnover worth 9.5 million euros this year, up 22% against last year, based on its contracts with th...
Tariceanu: Restrictiile britanice pentru muncitori, generate de imposibilitatea gestionarii pietei
Restrictiile impuse de Guvernul de la Londra fata de muncitorii romani nu reprezinta o masura discretionara, fiind aplicate pentru toate tarile care au incheiate acorduri cu Marea Britanie,...
Tudorache family businesses generate 150m euros
The companies owned by the Tudorache family, who control Montero pharmaceutical group, consolidated under investment vehicle Newarch Investments, are expected to generate revenues worth 150m...
Investments generate profits in the steel industry sector
The upward trend of the results of steel plants is the outcome of heavy investments in retooling and expanding their production capacity, conducted by the companies' foreign shareholders. Ru...
OTC drugs could generate 0.5bn-euro sales in 5 years
Romania's OTC drug market is set to maintain its over 17% growth rate within the next 5 years if the economic growth remains steady, believes Nicholas Hall, chairman of Nicholas Hall & Compa...
Hilton's contracts with major firms generate 50% of turnover
Accommodation contracts signed with some of the biggest companies in Romania helped secure half of the turnover of Bucharest's five-star Athenee Palace Hilton hotel, namely around 10m euros,...
Foreigners generate half of Ibis Constanta's revenues
The Constanta-based Ibis hotel, part of the Continental chain, run under a management contract by the French at Accor, estimates revenues of 1.2 million euros, up 20% against the same time l...