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Alum goes into the black
Alumina manufacturer Alum Tulcea, owned by Alro Slatina, logged a net profit worth over 1 million euros (3.8 million RON) in the first quarter, as compared with losses worth 4.8 million euro...
Aquila goes past 115 million euros
The Aquila Romanian group, one of the major players on the distribution market, for this year forecasts an approximately 30% increase in turnover from 2005, as the group aims to develop on t...
Foreign deficit goes up
The current account deficit has resumed its fast-paced growth, going up 71% after having slowed down to 30-40% in the last few months of 2005 against the corresponding period of 2004. The do...
Rotras Tires goes bankrupt
The Bucharest Court of Law ruled to declare the tyre manufacturer Rotras Tires Bucharest bankrupt, rejecting the reorganisation plan proposed by the company''s shareholders. The company went...
Equest Balkan Properties goes shopping in Iasi
Equest Balkan Properties, a British property investment company focused on commercial, retail and industrial property in South Eastern Europe and primarily Bulgaria and Romania, yesterday an...
Germanos goes to North of the Capital
Telecommunications retailer Germanos has rented approximately 1,500 square metres in the Avitech class B office building in the northern part of Bucharest, according to the company CB Richar...
King of timber goes into the mutual fund business
UDMR (Democratic Alliance of Hungarians in Romania) Senator Verestoy Attila, one of the richest politicians and one of the largest investors on the capital market has entered the mutual fund...
Petrom goes shopping for energy
Petrom, the biggest company on the Romanian market, is preparing to choose its energy supplier for the next two years in one of the biggest deals on the energy market. The value of the deal...
Ergun Ergen goes to Baneasa Investments
The former general manager of Anchor Grup, Ali Ergun Ergen, will fill the position of retail development director in the biggest real estate project in Romania, Baneasa. "I am confident the...