million
417 articole · RSS
$4 million investments in Paltinis
Paltinis Hotel in Sinaia will undergo a $4m modernisation programme as of 2004, in order to be included in the Howard Johnson Hotels & Inns international chain. "The modernisation will begin...
Dacia posts 86 million euro losses
More than three years since takeover by the French group Renault, Romanian carmaker Dacia is still logging losses, although turnover is going up.Dacia Pitesti last year posted 86 million eur...
LukOil set to invest $150 million
Russian group LukOil will invest approximately $150 million on the Romanian market this year, with the bulk of investments allocated to the expansion of its gas station network from 90 to 20...
Aro logs $7.3 million losses
Carmaker Aro Campulung at the end of last year posted losses of more than $7.3 million (243.1bn ROL), up 92% from the $3.8 million (131.7bn ROL) logged in 2001, according to the company's pr...
One million ROL necktie in demand
The middle class is still not making any difference in times of elections, but it is surely a factor one must take into account in the retail business. It is the middle class that has allowe...
Heaven, a $2 million business
After having challenged the dry wine segment with the Sec wines, the Romanian winemaker Vie Vin Murfatlar has decided to strike back with a sweet wine, Rai de Murfatlar (Murfatlar's Heaven),...
Excelent reports $3 million profit
Bucharest-based sweets producer Excelent SA has remained unaffected by the drop in the purchasing power that one of its rivals, Kraft Foods complained about last year. The company filed its...
Connex plans to keep us talking for $500 million
The major telecom companies in Romania have drawn the line for 2002. Whereas the fixed telephony business came out at a loss, the mobile communications maintained profitable. After Orange, i...
$332 million recovered by AVAB
The Banking Assets Resolution Authority (AVAB)'s revenues in February were in excess of 9,000bn ROL (more than $332 million). Most of this amount was obtained in form of direct revenues (8,1...