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Socep Constanta sells a piece of property
Constanta-based harbour operator Socep has cut some of the losses it had witnessed in the first three months of the year, in the second quarter, but it may not be able to fully offset them,...
ING Asigurari sells 177.4m-RON in policies in five months
ING Asigurari de Viata (life insurance) in the first five months of this year sold policies worth 177.4 million RON, up 12% in comparison with the January-May 2005 period, while its net inco...
Sintofarm sells shares for 1.4m euros
Drug maker Sintofarm Bucharest is selling some 2 million newly issued shares with a par value of 2.50 RON/share as part of a capital increase worth 5 million RON (1.4 million euros). Newly i...
Archbishopric of Alba Iulia sells stock to pay debt
The Orthodox Archbishopric of Alba Iulia sold over 2.6% in VES Sighisoara on the RASDAQ market in order to get money to pay off debts to the state and various suppliers. The Archbishopric ha...
Timisoara sells bonds worth 42m euros
The consortium made up of BCR and its brokerage company BCR Securities will sell the biggest bond issue on the Romanian market, which is worth 150 million RON (42 million euros), launched by...
Scandia sells 51% more canned meat
Sibiu-based canned meat producer Scandia announced it had seen its sales grow by 51% in terms of volume and by 44% in terms of value in the first quarter against the similar period of 2005....
Efes sells 49.99% in Ploiesti factory to InBev for 20.8m euros
Turkish Efes Breweries International (EBI) will sell its entire 49.99% stake in the Interbrew Efes Brewery Ploiesti factory for an estimated 20.79 million euros to InBev, EBI announced. The...
RBL sells 243m euros worth of saving-lending contracts in one year
Raiffeisen Banca pentru Locuinte will double its assets this year to 80 million euros, says Ionut Costea, the chairman of the institution, who expects to sell 70,000-80,000 saving-lending co...
Transelectrica sells 7.3m shares
The value of Transelectrica''s share offering, which will most likely take place in June, could reach 40 million euros, a sum that accounts for 10% of the company''s capital. Transelectrica...