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BRD could issue bonds up to 500m euros
BRD-Groupe Societe Generale could issue bonds worth as much as 500 million euros or the equivalent value in RON during the 2006-2007 period, if its shareholders agree with the proposal the B...
CCCF tries to lure investor
CCCF Bucharest, one of the biggest construction companies of the nineties, could attract a strategic foreign investor by the end of this year in a bid to put its shrinking business back on t...
Aker Braila to build another two ships worth 20m euros
Aker Braila shipyard, part of Aker Yards Norwegian group, is going to build two ships worth 20m euros together for Maritima French ship owner, reads a company release. Delivery deadlines for...
Individual property speculators to pay the same taxes as companies
The National Fiscal Administration Agency (ANAF) has proposed a change in the Commercial Code so as to assimilate repeated purchases and sales of buildings by individuals to acts of commerce...
KD wants to sell Luxembourg-registered funds
Cosmin Paunescu, general manager of KD Investments, says the distribution of some funds centrally managed at the level of the group will complement the company's offering on the domestic mar...
Carbochim seeks 3-5 hectare plot of land to expand
Carbochim Cluj-Napoca, one of Romania's major producers of professional abrasives, plans to buy a plot of land of 3-5 hectares worth up to 3.6 million euros in the next three months to expan...
Ardaf shareholders have to come up with 51m euros
Shareholders in Ardaf Cluj, a company placed under receivership by the Insurance Supervision Commission (CSA), decided to raise the share capital of the company by 181.2 million RON (51.5 mi...
Forever Living Products hopes to see sales up in H2
The nutritional supplements and cosmetics company bets on stronger turnover this year despite having ended the first half below last year's level. Forever Living Products in the first half o...
Vodafone to provide Petrom with communications infrastructure
Vodafone Romania will provide Petrom with a nationwide communications and services infrastructure on the basis of a partnership the two companies signed yesterday, reads a release sent by th...