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Romanians Expected To Spend EUR350M This Year On Window Replacements
Companies

Romanians Expected To Spend EUR350M This Year On Window Replacements

Romanians are expected to spend over EUR350 million this year to replace windows, according to estimations by local glass market leader Saint-Gobain Glass Romania.

Andrei Cîrchelan · 22.08.2011 · 11:51 · 1 min
Automotive

Romania To Spend EUR85M To Repair 183 Km Of Road

Romania's Transport Ministry will allot around 360 million lei (EUR84.7 million) for repairs on five road segments, with a total length of 183.5 km, in the counties Caras-Severin, Timis, Ial...

Radu Bostan · 19.08.2011 · 15:10 · 1 min
Capital Market

First Fund “Secured Against Losses”, Beaten By Banking Interest

The OTP Garantis closed-end fund, managed by OTP Asset Management, the first investment fund in Romania to have guaranteed the initially placed equity, has protected investors against plumme...

Roxana Pricop · 17.08.2011 · 00:00 · 1 min
Energy

Comelf OKs RON44.5M Investment To Boost Production

Romanian manufacturer of environmental protection products Comelf Bistrita (CMF.RO) Friday approved total investments of 44.48 million lei (EUR10.3 million) to increase productivity and comp...

Florentina Dragu · 12.08.2011 · 14:36 · 1 min
Antibiotice Invests EUR12M In New Production Facility
Health

Antibiotice Invests EUR12M In New Production Facility

Romanian pharmaceutical producer Antibiotice Iasi (ATB.RO) invests EUR12 million in expanding production capacity, which will allow production of latest generation of anti-infective drugs to...

Cristina Roșca · 04.08.2011 · 18:04 · 1 min
Share Investment Funds Lose During Vacation What They Strove To Earn During The Year
Capital Market

Share Investment Funds Lose During Vacation What They Strove To Earn During The Year

Funds that invest in stocks have visibly reduced their yields, with Star Next fund registering the highest return at 8% for the first seven months of the year, amid fears over the sovereign...

Roxana Pricop · 02.08.2011 · 00:00 · 2 min
Retail&Consumer

Domo To Open 8 New Stores In Romania

Romanian house appliances retailer Domo said Monday it will invest around EUR2.5 million in eight new stores due for opening over the next four months.

Florentina Dragu · 01.08.2011 · 18:05 · 1 min
Retail&Consumer

Wu Xing Takeout Restaurant Plans Nationwide Expansion

Romanian company CSC Exim 92, owner Chinese takeout restaurant Wu Xing, will open three regular service units in Bucharest malls over the next several years, and it is considering expansion...

Andrei Cîrchelan · 28.07.2011 · 17:11 · 1 min
Retail&Consumer

Farmec Plans EUR1M Investment In 2011

Romanian cosmetics maker Farmec Cluj-Napoca plans to invest over EUR1 million this year, mainly in production and an widening of its car fleet, company general manager Mircea Turdean told ME...

Andrei Cîrchelan · 28.07.2011 · 16:27 · 1 min