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Romstal to invest 30m euros in Arges factory
Romstal group, one of the leading players on the sanitary, electrical equipment and installations market, will invest 30 million euros in a new Valrom production centre located in Topoloveni...
Cefin to develop over 500m-euro real estate project in Baneasa
Cefin Real Estate, the real estate development division of Italian Cefin group will develop a mixed real estate project in Baneasa that will comprise office space, shopping centres and apart...
25 banks vying to sell Romanian bonds
Almost 30 major international banks are vying for the position of lead managers of the minimum 500 million-euro bond issue that the Economy and Finance Ministry plans to release soon, Sebast...
Agro Chirnogi moves to more profitable crops
Calarasi-based Agro Chirnogi, which farms one of the largest areas of agricultural land in Romania, posted turnover for its Chirnogi unit worth 10 million euros (33.5 million RON) in the fir...
Rail freight shipping to reach 1bn euros in 2010
The rail freight transportation market is set to revolve around 1bn euros within the next 3 years, from this year's estimated level of 800m euros, with coal, oil products and cement industry...
Leumi continues to bet on retail customers
In Israel, Leumi is one of the biggest groups, but on the Romanian market it chose to acquire a small bank. Now, the Israeli bank is injecting large amounts of money in its domestic subsidia...
Dornafarm to increase share capital by 1.7 million euros
Pharmaceuticals distributor Dornafarm could increase its share capital by 5.84 million RON (some 1.7 million euros) to a total of 7.2 million RON, with cash contributions from shareholders,...
TNT to pursue organic growth in Romania
TNT, Dutch-based provider of courier services, will continue to rely on international delivery services on the Romanian market, despite holding a top position on the internal markets in coun...
Popoviciu set to develop a mall in the centre of Bucharest
Baneasa Developments, a company controlled by businessman Puiu Popoviciu, one of the most powerful real estate developers in Romania, will build an approximately 50,000 square-metre mall in...