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Debt pressure on exchange rate
The amounts private companies have to repay in December against the loans taken from abroad will reach an all time monthly high and could influence the RON exchange rate, by making the domes...
Euroavipo spends 4m euros on ads
Spirits producer Euroavipo Posta Calnau, has announced it will channel its 2006 investments towards promoting the Unirea and Hanul Ars brands, continuing the investments in communication it...
Elvila sees growth on hotel and office furniture segment
The Muntenia branch of the Elvila Group, which specialises in getting furniture contracts for hotels and office buildings, estimates an increase in orders by 600% this year compared with 200...
Flamingo managers cash in on their profits
Some of the managers of the IT&C holding Flamingo International have recently sold their stakes, thus cashing in on their profits from the floatation of this company. Anca Liana Barbu, one o...
PC market doubles, foreign brands on top
The number of computers, (PCs, laptops and servers) sold in Romania doubled (an increase of 93.7%) in the third quarter this year from the same time last year, a survey by the US-based resea...
Petrom spends 200 million euros on foreign capital markets
Romania''s largest company, Petrom, which is probably the largest holder of cash in this country, has invested 200 million euros with foreign investment funds, out of the one billion euros i...
Cotnari spends 4m euros on retooling
Winemaker Cotnari, one of the leading four players on the market has announced it will run an investment programme worth more than 4 million euros next year in order to retool its wine proce...
Kronospan raises bet on Sebes plant and invests another 25m euros
The Austrian group Kronospan, operating in the wood processing industry, has finalised investments worth 25 million euros in the hardboard plant it owns in Sebes, Alba county. The money was...
HTI regains lead on the RASDAQ
HTI Valori Mobiliare, one of the most active brokerage firms on the RASDAQ this year reclaimed the lead among the brokers operating on this market, thanks to the transactions it conducted in...