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Confex Matex makes military garments
At a time when the domestic textile industry, doing work contracted out by others, is losing ground to China and other East-European states, Confex Matex of Deva has found a solution to stay...
Paralela 45 makes 4m euros from Chicco products
Paralela 45 Turism this year estimates a 15% growth in turnover, as it attained a contract to import Chicco children products. "Last year, national sales stood at 4 million euros, 25% more t...
Romexterra makes 2.5m-euro net income in Q1
Romexterra Bank made 2.45 million euro net profit in the first quarter of this year. Calculated in RON, the profit stood at close to 8.6 million RON, 77% higher than in the first quarter of...
Astra Romana makes profit from sale of Asirom shares
Astra Romana Refinery at the end of last year posted 2.3 million RON (0.64 million euro) net profit, after having made losses of 2 million RON (0.65 million euros) in 2004. The refinery made...
Dufa founder makes second exit for 16 million dollars
Marius Ivan, one of the founders of the paints and enamels business Dufa Romania collected 16 million dollars (13 million euros) from the sale of the 35% stake held in Henkel Bautechnik Roma...
Holcim makes 33 million-euro profit in 2005
Holcim Romania, the domestic branch of the Swiss producer of construction materials, last year derived net income standing at 33.3 million euros (120.6 million RON), which accounts for a net...
Lemet makes 3.8-m euro profit
The Campina-based furniture manufacturer Lemet is targeting a turnover worth 18.3 million euros for this year, an increase from the 11.8 million euros seen last year. "Growth will be generat...
Ringier makes 4.9m-euro net income
The Swiss press group Ringier saw a turnover worth 172.9 million RON (47.7 million euros, calculated at an average exchange rate) and a net profit worth 17.9 million RON (4.9 million euros)...
BRD makes 154m-euro net profit
BRD-SocGen, the second largest bank on the market, made a net profit of almost 154 million euros in 2005, a rise of some 70% against the previous year, given that its assets rose by 78% to 5...