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Rombat sells 14.7m euros' worth of batteries in Q1
Bistrita-based Rombat, the main domestic maker of car batteries, posted more than 14.7 million-euro turnover in the first three months of this year, an increase of 165% on 2007. "The improve...
Strabag sells if offered right price for Marriott
Austrian-based Strabag, the main shareholder in JW Marriott hotel, is prepared to sell part of the shares it holds in the Bucharest hotel. "We have not settled on a price with Mr. Taher," sa...
Tiriac sells 70m euros' worth of cars in Cluj
Cluj-based RMB Inter-Auto, an authorised sales and servicing centre for Mercedes-Benz, Chrysler, Jeep, Dodge, Smart, Ford, Hyundai and Mitsubishi, held by businessman Ion Tiriac, estimates a...
Erste Bank sells 150m-RON bonds in RON
Erste Bank, the majority shareholder of BCR (Banca Comerciala Romana), will start the second stage of its programme to issue bonds in RON this week, which will be worth 150 million RON (arou...
Valvis sells LaDorna group to French giant Lactalis
Almost six years after Jean Valvis sold Dorna mineral waters to Coca-Cola, the businessman has conducted his second major exit, selling his dairy business. Valvis, the creator of the Dorna b...
First deluxe perfumery in Romania sells 3 perfumes worth 2,200 euros each
Madison, Romania's first luxury perfumery, opened by Madeleine Florescu (former general manager of Geroaslan) in mid December, has already sold three of the most expensive perfumes in the wo...
Sortilemn sells 70% of its output to IKEA
Sortilemn, one of the leading furniture producers on the domestic market, forecasts turnover worth 35 million euros this year, the same level as in 2007. Last year, the Gherla-based manufact...
Fornetti sells 32m euros' worth of pastries
Fornetti Romania, one of the main players on the local market of frozen pastries, posted a turnover worth 32 million euros in 2007, up 45% on 2006, an increase of 4 million euros against the...
Asirom sells 16m euros' worth of assets in search of profit
Asirom, one of the largest insurance companies on the market, has decided to sell all of its non-insurance related assets, which are worth around 16 million euros. "These assets are real est...