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Romgaz takes out 55.5m-euro loan
Romgaz takes out 55.5m-euro loan
AVAS takes Kastamonu to court
Kastamonu Entegre, the owner of Romania-based Prolemn Reghin and the biggest player in the Turkish wood industry, was taken to court by the State Assets Resolution Authority (AVAS) for not c...
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...
CSA takes auto liability policies off the streets
The Insurance Supervision Commission (CSA) has forbidden insurance companies to sell auto liability policies (RCA) on the streets, at street stands or in cars. "Companies must sell these pol...
Rise in gas price takes Romgaz's profit to 40m euros
The last valuable asset still in the state's portfolio, natural gas producer Romgaz Medias made a net income of 39.8 million euros (139.3 million RON) in the first three months of the year,...
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...
Refinery takes Lukoil revenues to over one billion euros
Lukoil (Russia), one of the world's largest petroleum companies, has overshot the one billion-euro mark in Romania, eight years from its entry on this market. The business of the Russian gia...
UTI takes out 11m-euro credit from OTP
The UTI group has signed a credit agreement with OTP Bank, worth a total of 11 million euros, with the amounts to be used for the group's routine operations, according to company representat...
Misu Negritoiu takes the reigns of ING Romania
Misu Negritoiu takes the reigns of ING Romania