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Romanian Lottery profit increases to over 44 million euros in 2007
Compania Nationala Loteria Romana (Romanian Lottery National Company) last year posted profit worth 148.39m RON (44.46m euros), an increase of 21% on the previous year, alongside total reven...
Palplast to invest 3.5 million euros in manufacturing
Polyethylene piping maker Palplast, held by the Rompetrol group, intends to build two more production facilities- one in Romania and one abroad, as part of an around 5 million dollar (3.5 mi...
Banca Transilvania performs record capital increase: 121 million euros
Banca Transilvania (TLV), the biggest private bank with Romanian capital, will propose to its shareholders a share capital increase worth 448.6 million RON (121 million euros), which will in...
Dan Sucu: Mobexpert's value set to reach 400 million euros
Businessman Dan Sucu, the owner of the Mobexpert group, which operates in the furniture industry, believes his company is worth 200 million euros at the moment, but forecasts the overall val...
Wrigley sales reach 61.4 million euros
Mihai Georgescu, general manager of Wrigley Romania, says he expects the domestic candy market to triple over the next 5-10 years, and eventually come into line with the chewing gum market....
Ford has to pay 27 million euros on top of the 57 million euros agreed for Automobile Craiova
The price Ford will pay to the state for the stake in Automobile Craiova remains unchanged at 57 million euros - the sum decided on after privatisation negotiations, Nadia Crisan, Ford Europ...
ING ventures onto mutual fund market with 17 million euros
Dutch group ING, one of the biggest asset managers in Europe, has invested almost 17 million euros in two mutual funds that will be managed by its local asset management branch. The company...
Carmo-Lact Prod forecasts 12.5 million euros from dairy products
Carmo-Lact Prod, the Bistrita-based dairy manufacturer, estimates turnover worth approximately 12.5 million euros this year, up 20% on 2007. The company posted overall sales worth approximat...
GPV business up just 8% to over 10 million euros
GPV Romania, a member of GPV Groupe in France, Europe's leading manufacturer of envelopes and corporate mail management services, last year derived turnover worth 10.8 million euros, up 8% o...