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Comceh expects 15% turnover increase this year
Comceh, a Calarasi-based paper producer and one of the leading players in the paper industry, has estimated a turnover worth 40m euros for this year, a 15% increase on 2006. In the first fou...
CEC to sign with EBRD this week, several days later than planned
The lending contract between the EBRD and CEC (The Romanian Savings Bank) to finance SMEs will be signed this week, with a few days' delay, but an annulment of the deal is out of the questio...
CFR expects profit this year
The National Railway Company (CFR) will try to improve its financial situation this year, by posting a gross profit estimated to be around 14.4 million RON, with estimated losses of 330.1 mi...
Irum Reghin anticipates 8.9m-euro turnover this year
Reghin-based Irum, which manufactures farming and forestry equipment, estimates a turnover worth 8.93 million euros this year, up 26.7% on 2006, when the company saw sales of around 6.55 mil...
2.2bn-euro bonds sold by Finance Ministry this year
Liquidity on the monetary market fell sharply at the end of last month. In April alone, the Treasury absorbed 1.5 billion RON by selling T-bills. If adding the T-bills issued in the first tw...
ALB: Leasing of goods to top 4bn euros this year
The leasing market will be further dominated by the members of the Leasing and Non-Banking Financial Services Association (ALB) in 2007 as well, considering that the Association estimates it...
Generali, Ardaf and RAI could merge this year
Italy's Generali group is to combine its operations with the PPF Czech group in Central and Eastern Europe, which will lead to a possible merger between Generali, Ardaf and Roumanie Assuranc...
CEC targets 15m-euro profit this year
CEC (The Romanian Savings Bank) posted a 24 million-RON (7 million-euro) gross profit in the first quarter of this year, an increase of 60% against the same period in 2006. "CEC's budget for...
Siceram plans 3m-euro investments this year
Ceramic materials producer Siceram SA, based in Sighisoara, has budgeted investments worth 3 million euros for this year, aimed to develop the production line for construction materials, as...