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Banc Post nets 2.7 million euros
Banc Post posted Q1 gross profit worth 122.8 billion ROL (3.27m euros) and net profit of 101.5bn ROL (2.7m euros). The 2003 S&R budget stipulates gross profit worth 385 billion ROL (about 10...
Inbod to invest $1 million
Peruvian-held coffee producer Inbod Impex will invest about $1 million in expanding its existing productive lines. The company began producing coffee at the end of 2002, after having dealt o...
BCR logs $164 million in net profit
Banca Comerciala Romana (Romanian Commercial Bank - BCR)'s net profit amounted to $164 million last year, up 12.3% in dollars compared with 2001. The profit in ROL went up 19.4%, that is onl...
$17.4 million deal for 10% in Alro
A 9.8 percent stake in aluminium plant Alro Slatina changed hands through a special transaction worth approximately 17.4 million dollars on the Stock Exchange on Friday. The deal is actually...
Natuzzi wants 80 million euro turnover
The demand for leather sofas on the Western market will boost production of the factory held by Italian Natuzzi Group in Baia Mare by ten times, the officials of Italsofa Romania, the compan...
Wintershall 2002 sales in Romania: 300 million euros
The companies through which Germany's Wintershall operates on the Romanian market last year sold approximately 300 million euros' worth, the company officials say. Wintershall holds stakes,...
SIFs two-month profit, $2 million
The five financial investment companies (SIF) posted cumulated profit of 76.3bn ROL ($2.2 million) for the first two months of this year. SIF Transilvania was the top performer in terms of p...
Bucharest Mall to lure 17 million visitors in 2003
Two hundred million dollars. This is how much the 15 million Bucharest Mall visitors spent last year. "The first months of this year were even more profitable than the same period of the pre...
$10 million in explorations
Germany's Wintershall Company that was the first to drill in the Transilvania Sud (Transilvania South) block in 2002. Other foreign oil companies have reached the "straightforward answer" st...