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Lafarge sees stagnant sales in euro
French construction materials group Lafarge last year derived 150 million euro turnover from the Romanian market, with this year's estimates showing a similar value in euros, stated Philippe...
Finance Ministry short of liquidity, NBR sees to inflation
Finance Ministry has given in. Pressured by the higher and higher need to finance the budget, after two months in which it had systematically rejected all the bids from banks that were tryin...
Napolact sees 11% growth in 2003
Cluj-based dairy producer Napolact is planning to attain 11.6 % ROL turnover growth in 2003 as compared to 2002. Last year, the company's turnover reached 28.4 million dollars (940 billion R...
Sanex sees $35.5m sales in 2003
Sanex Cluj-Napoca, one of the leading domestic tile and sanitary-ware makers posted $1.5 million net profit in 2002, while turnover reached $36.1 million. It estimates sales to reach $35.5 m...
Argus sees halved profit
After a very good year, which brought double profits, one of the edible oil market leaders, Argus Constanta, estimates it will go back to the profit level posted two years ago. The company a...
Carrefour sees 9% Q1 growth
The Bucharest-based Carrefour hypermarket posted sales worth 21 million euros in the first quarter of the year, accounting for a 9% increase in euros as compared to the year-ago period. The...
Turbomecanica sees lower revenues
The management of aircraft engines and mechanical subassemblies maker Turbomecanica Bucharest expects to see revenues reach 690bn ROL this year, while net profit should be worth 113bn ROL. I...
BSE sees record foreign investments
Foreign investors spent 18.3 million dollars on the Stock Exchange last month, more than last year's total. This record-high was mainly due to the two public offers run by foreign investors....
CMB Travel sees $5m business
Travel agency CMB Travel Bucharest expects to post at least five million dollars in turnover this year, after the 129bn ROL (nearly $4 million) logged last year, general manager Cristian Mih...