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Artego wants to borrow 3 million euros
Artego Targu-Jiu, a producer of rubber conveyor belts for the mining industry, intends to contract a credit worth 3 million euros to fund capital repairs and upgrade programmes. The credit w...
BCR''s profit overshoots 200 million euro mark
Banca Comerciala Romana posted 202 million-euro profit last year, an increase of approximately 25% on the 2004 results, which amounted to 162 million euros, BCR''s chairman Nicolae Danila sa...
Petrom spends 42 million euros for Arpechim
Petrom spends 42 million euros for Arpechim
Foreign businesspeople spend 845 million euros in Romania
The foreign tourists brought more money in Romania in 2005 than Romanians spent during their trips abroad after 1989. Business travel was the drive of the industry, which collected 845 milli...
SIF Muntenia sells 120 ha of land for 17.5 million euros
SIF Muntenia sold approximately 120 hectares of urban land located in a commune south of Bucharest for 17.5 million euros (62 million RON), approximately 15 euros per square metre. SIF Munte...
6 million euros for Kaufland Alba a?" Iulia
German retailer Kaufland, part of the Lidl & Schwartz group, invested 6 million euros in a store in Alba-Iulia, the fourth store in the network since the retailer''s entry on the local marke...
Gigi Becali sells plot of land for 16 million euros
Considered to be one the most important landowners, Gigi Becali has recently sold a plot of land located in northern Bucharest for approximately 15 million euros, sources on the market said....
Holcim ups investments by 55 million euros
Construction supplies manufacturer Holcim has revised its investment plan for 2006-2008, an operation that will see the amounts allocated increase by 52%. The local branch of the Swiss Holci...
Marriott Hotel appraised at 150 million euros
JW Marriott Hotel, the largest five-star hotel in Bucharest, was appraised at some 150m euros by an independent evaluator. The evaluation of the hotel was ordered by the Societatea Companiil...