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Another 40m euros from London heading this way
Reconstruction Capital II (RC2), the first investment fund listed on the London Stock Exchange (LSE), which focuses on investments in Romania, has raised another 40 million euros beside the...
Synergy Construct anticipates 100% growth this year
Synergy Construct, a Turkish-held constructions company, has for budgeted revenues worth 46 million euros this year, 100% higher than last year. "The doubling of the turnover is due to the m...
LG expects $100m revenues this year
Electronics, IT products and mobile phones are the catalyst behind the growth of the South-Korean group LG Electronics on the Romanian market. Han Q, president of LG Romania, estimates a tur...
Impact Bucharest disburses no dividends this year
Impact Bucharest, a real estate development company, will not distribute any dividends this year for the first time in the last nine years. The company''s chairman and main shareholder, Dan...
Elgeka Ferfelis projects 55% growth this year
The Elgeka Ferfelis Romania group, one of the most important players on the domestic distribution market, has budgeted turnover worth 65 million euros for 2006, 55% higher year-on-year. Dist...
Colliers: Fewer office space deals this year
The number of transactions on the office space market will be much lower in 2006 than it was in 2005 due to the limited volume of class A projects to be completed this year, real estate serv...
Plus Discount to expand to 30 stores this year
Plus discounter store network will invest 45 million euros in expansion this year, taking the level of investments to over 100 million euros. "We''ve already opened three stores and we plan...
This City''s Going to the Dogs
One of the first things anyone mentions in any discussion about Romania is its dogs. They menace locals and visitors alike, roaming the streets of Bucharest in hungry, scraggly packs and lur...
Matizol budgets 9.3m euros for this year
Matizol Ploiesti, a producer of waterproofing products, has budgeted revenues worth some 9.3 million euros, according to company officials. Matizol Ploiesti was taken over by the Swiss group...