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Pirelli invests another 68 million euros in Oltenia
Italian tyre maker Pirelli, which owns a tyre factory and a metallic cord factory in Slatina, will invest 68 million euros this year to develop it activities in Romania. Total investment in...
Bucharest lawyer earns over 2 million euros a year
The highest paid lawyer in Bucharest officially earned more than 7 million RON (about 2 million euros) in 2006, according to data ZF received from the General Directorate of Public Finance i...
Promotional investments will take Skol's sales beyond 1 million hectolitres
United Romanian Breweries Bereprod (URBB), the local branch of Dutch beer producer Carlsberg will invest more than 9 million euros (rate card) a year in order to promote the Skol brand, 25%...
Bavaria Leasing increases capital by 1.1 million euros
Bavaria Leasing, a company whose shareholders include Daniel Daianu and Attila Verestoy, has increased its share capital by 3.88 million RON (1.1 million euros), as revealed by a decision of...
Developers of Bucharest's biggest mall seek 400 million euros
Portuguese real estate developer Sonae Sierra and the Irish at Caelum Development, co-developers of the Parklake Plaza project in Eastern Bucharest, have started to seek the funds they need...
Romaero plots, put at 221 million euros
Bucharest-based Romaero (RORX), which provides aircraft maintenance and repair services, has plots worth over 800 million RON (221 million euros) in the Baneasa area of Bucharest, according...
Vodafone: 11% EBITDA increase to 558 million euros
Vodafone, the second leading player on the domestic mobile telephony market posted 558 million-euro EBITDA for the fiscal 2007/2008 ended March 2008, an increase of 11% on the previous year....
Metrorex: Road traffic problems brought 6 million more passengers
Metrorex, which operates Bucharest's underground network, transported 46.2 million people in the first quarter of this year, 6 million more than in the same period of 2007. According to Metr...
Bucharest Stock Exchange keeps 18 million euros in the bank
The Bucharest Stock Exchange (BSE), the operator of the stock market in Romania, had almost 66 million RON (18 million euros) invested in bank deposits at the end of last year, although one...