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Marriott makes 17m euros from food and events
Restaurants and events last year accounted for 40% of the business in the five-star JW Marriott. The hotel''s turnover for 2005 was estimated at 42 million euros. Revenue from the restaurant...
Grawe makes 1.1 million-euro profit
Insurance company Grawe Romania announced the volume of gross premiums underwritten last year amounted to 11.5m euros and that net profit exceeded 1.1 million euros. The profit is partly due...
Broker Cluj makes 25% less
Cluj-based Broker, the only financial brokerage company listed on the Bucharest Stock Exchange, posted a 5.25 million RON (1.46 million euro) gross profit in the first two months of the year...
ING Romania makes 17 milion-euro gross profit
The gross profit of ING Romania amounted to 17 million euros last year, while the bank''s assets went up by 45.7% to 1.8 billion euros, placing the bank fourth in the ranking of the Romanian...
Carpatica makes 5m-euro profit
Banca Carpatica saw a 17.7 million RON (4.9 million-euro) profit last year, almost 34% higher compared to the previous year. Bank assets reached 925 million RON (over 255 million euros) in D...
SIF Muntenia makes 15m-euro profit
SIF Muntenia''s profit for January will be comparable to that obtained during the whole of 2005, according to sources close to the company. SIF Muntenia last month sold stakes in two pharmac...
TRW Automotive makes air bags in Timisoara
TRW Automotive Safety Systems, a subsidiary of the American automotive component group TRW Automotive, will this year begin producing wheels and air bags for leading automotive manufacturers...
Best-paid expat makes 8,300 euros per month
The highest officially registered wage of a foreign national that is currently employed on the Romanian labour market amounts to some 300 million ROL (over 8,300 euros), the data of the Work...
Electrogrup makes 5m euros
The Cluj-based company Electrogrup, specialising in electrical installations and the construction of telecommunications networks, intends to complete an investment of more than 2.6 million e...