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PPF spends 6.5 million euros to buy natural gas supplier
Czech investment fund PPF Investments continues its acquisition campaign on the local market of natural gas transmission and supplying, after it struck a deal to buy 100% in Gaz Sud for 50 m...
Lotto importer expects 8 million euros from secondary business
Extenso, held by Romanian and Italian investors, the importer on the domestic market of the Lotto, Italgreen, Myrtha Pools, Stonefly and Gas brands expects turnover derived from construction...
Tender sells Atlas Gip for 16.6 million euros
US-based Weatherford group took over the majority interest in coring company Atlas Gip (ATGJ) based in Ploiesti from businessman Ovidiu Tender via three special deals on the RASDAQ market on...
Pepsi spends 3 million dollars to relaunch Prigat
Pepsi Americas, the local bottler of the PepsiCo products, will invest 3 million dollars in its non-carbonated soft drinks portfolio and relaunch the Prigat brand, a process that targets the...
Czechs buy Avioane Craiova for 16 million euros
Czech AERO Vodochody, held by private equity fund Penta Investments, will take over the majority interest in aircraft manufacturer Avioane Craiova, after the State Assets Resolution Authorit...
Ioan Ciolan, Ambient: We need 300 million euros to expand
Construction supplies distributor Ambient, controlled by businessman Ioan Ciolan could raise approximately 300 million euros from banks to finance the expansion of the store chain, which cur...
Mega Image could exceed 150 million euro turnover mark
Mega Image, the largest supermarket network in Bucharest, could reach turnover worth 150 million euros this year, in the wake of new openings and the integration of the La Fourmi network. Th...
Credit Bureau: Banks and NBFIs lend 26bn euros to 4 million clients
Around 4 million Romanians had loans from banks and non-bank financial institutions (NBFIs) in May, according to data from the Credit Bureau. In all, credits granted by banks and by the top...
Erste: BCR brand value drops to 348 million euros
The value of the brand of BCR, the biggest bank on the market in terms of assets, has been adjusted by its majority shareholder Erste Bank, from 388 million euros in the third quarter of las...