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Fan Courier up to 9.6m euros in H1
Postal and courier service company Fan Courier Express posted 9.6 million euros in turnover in the first half, an increase of 55% on the same time last year. "We've kept within the forecast...
Paralela 45 expects to see business up 50%
Paralela 45 travel agency forecasts turnover worth 27 million euros for this year, 50% above the level reached in 2005, a trend mainly sustained by the charter segment and the segment of rea...
Lemarco progresses from 6% to 20% in terms of profitability
Dan Popovici, commercial manager with Lemarco, one of the top three players on the domestic sugar market, says the Liesti-based sugar plant can be retrofitted so as to be able to produce bio...
Vladescu pledges to spend 2.1bn euros above revenues in 2007
Finance Minister Sebastian Vladescu stated he would propose to the Government a budgetary deficit objective of 2% of GDP for next year, namely 2.1 billion euros, somewhat narrower than this...
iQuest to gain over 3m euros from IT services
Romanian-German IT solutions developer and tester iQuest Technologies has announced a 40% increase in turnover in the first six months of this year compared with the same time in 2005. "The...
Cetelem funding up 50% to 64 million euros
Consumer finance company Cetelem IFN (Credisson) granted credits worth 64m euros in the first seven months, an over 50% increase against the same period last year. "The growth is triggered b...
City Mall set to relaunch this autumn
City Mall shopping centre, located in southern Bucharest will be relaunched this autumn, less than one year after its opening. The new owners hired real estate broker Colliers to reshuffle t...
8% of Petrom, equally distributed to employees
Current and former Petrom employees will be able to buy shares of the company from the 8% stake they are entitled to directly and in equal share, according to a draft Government decision dra...
State to ask banks for 300m-euro loan
The Government will take out a loan of up to 300 million euros from the domestic market as soon as possible, in order to be able to provide the money necessary to start the mandatory home in...