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Alro signs contracts worth over 22m euros
Since last year Alro Slatina, the biggest primary aluminium smelter in Central and Eastern Europe, has closed contracts worth several tens of million of euros with other companies within the...
Dacia to boost turnover by over 1bn euros
French Renault Group, which makes the Logan model, will boost the production capacity of the plant in Ploiesti from 235,000 to 350,000 units by January 2008. This will increase the turnover...
Over 50m-euro sales for Mega Image stores
Mega Image stores, owned by the Belgian group Delhaize, posted a turnover worth some 54 million euros (196 million RON) last year, a 50% increase against the 36 million euros posted in the p...
Danfoss takes over heating substation business
Danish industrial giant Danfoss, with yearly business worth 2.2 billion euros, has acquired all the shares of one of the leading heating equipment manufacturers in Romania, Schmidt - Bretten...
Smithfield wants full control over Romanian operations
US-based Smithfield Group will take over Agroalim Distribution and Frigorifer Tulcea in full by 2008. The two businesses were developed by Lebanese national Mounir Halawani, one of the leadi...
Romanian textile industry to shrink by over 2bn euros in 5 years
The textile industry will reach a level of 7.5 billion euros in 2010, two billion euros lower than this year. Over the next four years, the number of players will almost halve, as domestic c...
Englishman takes over Snack Attack for 200,000 euros
Businessman Alistair Willis has become the majority shareholder of Snack Attack, with 60% in the share capital, following a capital contribution of about 200,000 euros, show data published i...
RBL expects over 70m euros in contracts
Deposits attracted by Raiffeisen Banca pentru Locuinte (Raiffeisen Housing Bank - RBL) as part of saving-crediting contracts could exceed 70 million euros by the end of the year. "At the end...
Business plan of over 33m euros for Alka
Alka, one of the leading wafers and biscuits producers on the Romanian market, estimates business worth over 33 million euros for this year, a 35% increase against last year. "We are countin...