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Caroli sells Maestro plant to printing house
Charcuterie producer Caroli Foods, which ranked second on the market in terms of turnover in 2006, has completed the sale of the former charcuterie plant Maestro in Cluj-Napoca, to foreign-h...
Bucharest car fleet set to grow 60% within 5 years
Bucharest will boast a fleet of over 1.6 million vehicles by 2012, up 60% against the number of vehicles estimated this year, according to a study conducted by the Division in charge of Driv...
Far Est, poised to derive 15m-euro turnover
Far Est group, a producer of Trocal branded PVC windows, will next year invest around 7m euros to develop its business. The company targets an output of 600 windows per shift, which would ma...
Volume of overdue loans falls to 148m euros in October
The volume of overdue loans cumulated by the population dropped slightly in October- the first correction of the last 13 months. At the end of October, the overall volume of overdue loans st...
Bedminster pays 10m euros to control Hiperdia clinic
Bedminster Capital Management, manager of the Southeast Europe Equity Fund II (SEEF II), has taken over 65% in Brasov-based Hiperdia one of the leading private medical services operators, in...
Bike sales bring DHS turnover to 20m euros
Hunedoara-based group DHS, which manufactures bicycles and sells scooters & ATVs, forecasts sales worth around 20 million euros this year, double the level registered in 2006. "This year's r...
Rothschild pays 104m euros to enter housing market
The Rothschild banking family officially entered the domestic housing market last week in a deal worth 104 million euros for a 60 percent stake in three housing projects, which are controlle...
Banking market to see further mergers
Medium-sized banks are likely to continue to strengthen their presence over the coming years amid fiercer competition and rising costs linked with their efforts to remain on the market, beli...
Merck could relocate some operations to Romania
American giant Merck Sharp&Dohme (MSD), one of the top ten producers of patent drugs worldwide, is examining the possibility of relocating some of its operations to Central and Eastern Europ...