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Top ten banks' assets worth 10bn euro
2002 was the first year when the banks started showing how fiercely they are competing against each other. An important stake was undoubtedly the market share according to the assets held. T...
$7 million's worth of Danish security systems
Group 4 Falck Romania, branch of a Danish security service group estimates to make twice last year's turnover in 2003. After having set foot in Romania by taking over the Valahia private sec...
A mystery worth $46m: who's the new owner of Terapia?
The best offer received by the shareholders of drugmaker Terapia for the company amounts to 46 million dollars, sources close to the transaction say. The winner has not been named yet, altho...
Bernard Moscheni: Orange Romania is now worth $1-1.3bn
Bernard Moscheni, head of Orange Romania, estimates the company to be worth 1-1.3 billion dollars, five years after its market debut. This is the first time when an executive officer of the...
Space: controlled-falling industry worth $82 billion
The Columbia space shuttle, lost together with its crew on Saturday, was coming from another era, one might say: an era during which the state (American or Soviet) was the biggest consumer o...
Bond issues worth 500m euros, postponed indefinitely
The Romanian companies planning to release eurobond issues worth 500 million euros in late 2002 and early 2003 have postponed them indefinitely due to the high costs involved, preferring to...
Plastex to sell $1.4m's worth in shares
Plastic packaging maker Plastex Tulcea is running a 48bn ROL ($1.4 million) share issue on RASDAQ, 8bn ROL of which account for the issue premium. This is the second stage of a capital incre...
Petrom exports worth $572 million
The export-related revenues of SNP Petrom, Romania's largest company are estimated to reach $572 million this year, up about 83% compared with 2001. Petrom's exports are destined to the Euro...
Copos is worth $100m this year
Turnover of Ana Group will reach 100 million dollars this year, with profit estimated at about 10 million dollars, as more than 70% of the group's output is exported, said George Copos, chai...