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Amvic group, asking price of 40m euros
Marin Crutescu, owner of the constructions group Amvic, with a 10.5 million-euro turnover, intends to sell the business for at least 40 million euros. Crutescu, who is also head of the Assoc...
Pipera will not have easy access to water because of erratic development
The 120 million-euro turnover of Veolia Apa Nova, the company which is managing Bucharest's water and sewer services, will remain constant within the next five years, according to the compan...
Cinca steps down from the helm of Flamingo
Flamingo International stepped into the black in 2007, amid a 30% sales increase, to 170 million euros. Electronics and home appliances retailer Flamingo International (FLA) reported busines...
Giusto Natura targets 25% of still drinks segment
Romanian soft drinks and mineral water producer Romaqua is targeting a quarter of the overall sales on the segment of still drinks (drinks with an up to 25% fruit content) this year. "Giusto...
House of Art invests 5m euros in brand development
Staff Collection, the operator of the House of Art store network, will invest up to 5 million euros in brand development and territorial expansion. "Staff Collection's strategy this year is...
House of Art investeste 5 mil. euro in dezvoltarea brandului
Compania Staff Collection, operatorul retelei de magazine House of Art, va investi in 2008 pana la cinci milioane de euro in consolidarea brandului si pe extinderea in teritoriu. "Ca strateg...
Bank of America a obtinut 12 mld. dolari din vanzarea de actiuni preferentiale
A doua mare banca sin SUA, Bank of America, a obtinut 12 miliarde de dolari din vanzarea de actiuni preferentiale, dublu fata de valoarea totala a actiunilor, pentru a-si consolida capitalul...
Auchan and Bricostore rent half of Suceava mall
Real estate developer Iulius Group, controlled by Iasi-based businessman Iulian Dascalu, has rented out almost half the Iulius Mall shopping centre in Suceava, which will open in the autumn...
Buyers of new homes built by individuals must pay VAT
Individuals who sell properties that are less than two years old, and are not used for housing purposes, must register with the Romanian fiscal authorities as VAT payers and collect the tax...