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Petrom buys 1bn euro worth of OMV products each year
Petrom, the largest Romanian company in terms of turnover, has bought petroleum products worth over one billion euros from the branches of its Austrian-based majority shareholder, OMV, in or...
Mercedes sells 5.5m-euro worth of sport saloon cars
DaimlerChrysler Automotive, the importer of the Mercedes brand in Romania, sold sports saloon cars worth at least 5.5 million euros between January and July 2007, with the majority of orders...
GM set to buy $500m worth of auto parts from Romania
A total of 500m dollars (368.4m euros) a year. This is the value of auto parts General Motors, the world's leading carmaker, plans to buy from Romania, according to company representatives....
Ardaf puts up for sale assets worth 6m euros
Ardaf, an insurance company taken over at the beginning of the year by the Czech-based PPF Investments, has decided to sell part of its assets, which consist of both land and buildings worth...
ALBA ProjectManagement, consulting for projects worth 60m-euros
The domestic arm of Germany's ALBA BauProjektManagement, a provider of consulting services for Greenfield investment projects, estimates it will coordinate, from its Cluj office, projects in...
Cluj Peugeot dealer sees sales worth 5.4m euros
Eurial Invest of Cluj-Napoca, a Peugeot dealer, has generated a turnover in excess of 5.4m euros in the first five months of this year, up 59% against the same period in 2006. According to r...
Merger between two companies with total assets worth 50m euros
Millennium Estate and European Property Millennium Company, which are operating on the real estate market, merged at the beginning of this month, with the former absorbing the latter, accord...
Petrom has oil and gas reserves worth 10 billion dollars
The oil and gas reserves of the biggest Romanian company, Petrom, are currently worth 9.53 billion dollars (7.1 billion euros), and are the most valuable asset of the company, reveals an ana...
Romaero sits on 200m-euro worth of land
Producer of aeroplane components Romaero Bucuresti gained around 195 million euros (688 million RON) following a reappraisal of its corporeal assets, land and buildings, made at the end of l...