increase
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Capital increase at Carpatica
Banca Carpatica will increase capital by some 70bn ROL (1.8m euros) by yearend, up to 475bn ROL, by including the patrimony re-evaluation and the exchange rate gaps. The bank's shareholders...
Tiriac Holdings auto division see 17% turnover increase
The auto division of Tiriac Holdings, which comprises brands such as Chrysler, Ford, Hyundai, Jeep, Mazda, Mercedes-Benz, Mitsubishi and Smart, saw turnover increase 17% (some $9 million) in...
Alro - $5.6m capital increase
The Board of primary aluminium producer Alro Slatina has endorsed a 185bn ROL ($5.6m) capital increase, by issuing new shares to be offered to stockholders.Shares are offered at 7,940ROL eac...
Finance Ministry eyes salaries paid as dividends, plans tax increase
After the single quota, the Finance Ministry is now planning a new surprise for corporate taxpayers: the cut in the profit tax from 25% to 20% along with an increase in the dividend tax from...
Romexterra: 3.7m-euro capital increase
Credit and Development Bank Romexterra will increase capital by 136bn ROL (3.7m euros) in two stages, up to 600bn ROL. The first stage stipulates that capital will go up to 457.346bn ROL fro...
Coca - Cola bottler posts 10% increase
The launch of new products and the sales of Dorna mineral water triggered a 10% increase in the business of Coca-Cola Hellenic Bottling Company (CCHBC), the bottler of the Coca-Cola soft dri...
NBR victory: slight increase for deposit rates
National Bank officials can be at least partially satisfied. Only several days after the warning launched by the central bank (pointing to the much too low ROL-denominated deposit interests)...
Furniture exports increase 6% amid economic slowdown
Romanian furniture exports amounted to $377.9 million in the first six months of the year, up 30% from the year-ago period. However, the increase is only 5.8% in euros. On the other hand, im...
Farmexim plans 21% turnover increase
Drug distributor Farmexim Bucharest, one of the most important such companies on the Romanian market, estimates $39m turnover for this year, 21% higher than in 2002. The company plans to gai...