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Eurisko concerned over the house price increase rate
The Romanian real estate market continues to grow, fuelled by the wide gap between supply and demand, particularly on the residential segment. However, the increased rate of prices also rais...
Daewoo, losses of over 345m euros last year
Daewoo Automobile Romania, for which Ford US carmaker is in talks with the Romanian state to take over, registered net accounting losses of 345m euros in the previous financial year, while t...
Smithfield top man concerned over situation in Timisoara
US group Smithfield, the world's biggest pork producer, which registered a turnover worth approximately 100m euros in Romania in 2006, could post losses worth more than 6m euros because of t...
Over 7bn RON in transactions through www.e-licitatie.ro this year
The value of contracts sealed between January 1 and August 20, 2007 through the Electronic System for Public Acquisitions (SEAP) amounted to 7.148bn RON (2.17bn euros), according to the Nati...
Europa Capital has over 300m euros for real estate projects
Investment management company Europa Capital, which has assets worth almost four billion euros in its portfolio, is set to become involved in real estate projects worth over 300 million euro...
Hot weather drives Electrica turnover to over 900m euros
Electrica, electricity distribution and supply company, registered a turnover worth 3.01bn RON (903m euros) in the first half of this year, up 6% against the same period last year. The compa...
Raiffeisen Evolution develops over 20m-euro projects
Ionel Giuglea and Monica Barcutean, the new heads of Raiffeisen Evolution's operations in Romania, say the Austrian group is set to invest in the development of some projects with a sale val...
Sweden's East Capital invests over 180m euros on BSE
Investment funds managed by Sweden's East Capital company reached a portfolio of approximately $250m (181m euros) on the domestic capital market in the first half of the year, accounting for...
New destinations boost Arctic's exports by 17% to over 60m euros
Home appliances producer Arctic Gaesti, held by Arcelik group in Turkey, has increased its exports in the first half by 17% to 411,000 units, an increase of 60,000 units against the same tim...