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Sensiblu to sell 20m-euro cosmetics
Sensiblu, the biggest local network of drugstores, part of A&D Pharma, estimates to sell cosmetics worth 20 million euros this year, which accounts for 16% of its turnover, given that the re...
AVAS intends to sell Asirom stake
The State Assets Resolution Authority (AVAS) intends to sell the stake it owns in the insurance company Asirom, but does not think its 6.3% interest in this company is very attractive for in...
Impact: managers sell, funds buy
The sales manager, as well as the mother of the second most significant shareholder in Impact Bucharest, a constructions and real estate development company, liquidated their interests in Im...
BTT wants to sell CHP
Biroul de Turism pentru Tineret (Tourism Office for Youth) in Bucharest plans on selling Complexul Hotelier Parc (Parc Hotel Complex - CHP) in Sibiu. The company''s Board of Directors called...
EMD hopes to sell $90m in locomotives
Locomotive producer Electromotive Diesel (EMD), based in Illinois (US), estimates it will sell about 30 Diesel electric locomotives in the next two to three years. "Romania has considerably...
AIG Life aims to sell 50,000 policies
Insurance company AIG Life announced on Thursday that it plans on selling 40,000 - 50,000 policies this year. The company currently has about 250,000 customers, 220,000 of whom are individua...
Petru Prunea won''t sell stock
Broker, the only capital market intermediation company listed on the Stock Exchange, last year more than doubled its gains compared with 2004, but was still below its budgeted level. Petru P...
SIF Oltenia and Muntenia sell Sicomed
SIF Oltenia sold its Sicomed shares during the tender offer put out by the Czechs at Zentiva, collecting more than 58.1 million RON (15.8 million euros). The company sold its over 10% in Sic...
State in no hurry to sell CEC
CEC''s privatisation is no longer an emergency for the Government, as the preliminary bids have been deemed as too low. Banking sources say a current of opinion is now gaining ground that sa...