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Orange Romania revenues up 7% in Q1
France Telecom Group, which logged the heaviest net losses (20.7bn euros) in the entire history of the French economy last year, has every reason to be pleased with its mobile telephony divi...
Ana Imep: profit 20% up, no dividends
Ana Imep quote has gone down to 1,500 ROL over the last few days, after the General Meeting of Shareholders decided again not to grant dividends from last year's profit. Early in the year, t...
Knitwear factory up for sale
Banking Assets Resolution Authority (AVAB) will auctioneer the Trico-Prompt knitwear factory on April 22. The starting price is $4.03 million (VAT exclusive). AVAB conditions the sale to mai...
Daewoo Q1 sales up 40%
Romanian carmaker Daewoo Automobile Romania has sold over 3,200 autos in the first three months of the year, up more than 40% since the year-ago period. "March was a record month in terms of...
Prodal '94 sales up 40%
Spirits producer Prodal '94, owner of the Stalinskaya vodka brand and of the Wembley gin brand has 1.5 million euro investments scheduled for this year. It posted about $14 million turnover...
E's and spices make up $10m sales
Talk about the negative effects food additives or E's have started about a year ago, but it does not seem to have impacted on the sales of the companies in this field.Ion Mos Prod Com SRL, w...
Henkel up 15% in 2002
Henkel Romania, branch of the cosmetics, detergents and adhesives maker Henkel Central and Eastern Europe (CEE), posted 43 million euro turnover last year, up 15.5% from 2001. These results...
Mara Hotel up for sale
Three groups of foreign investors, two of them from Israel and one from the US have voiced interest in buying the Mara Hotel in Sinaia, Ionel Blanculescu, chairman of the Banking Assets Reso...
Cigarette prices to go up
Whereas an average net salary in the economy was enough to buy 194 cigarette packs in the best-selling price category at the end of 2002, the same money will be enough to buy only 62 cigaret...