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Azomures Plans To Invest EUR43.5M In 2011
Romanian chemical company Azomures (AZO.RO) Thursday approved an investment program worth EUR43.5 million for 2011, which is estimated to reduce the net profit by some 80% on the year.
Government Approves Projects To Be Carried Out In Public-Private Partnership
The Romanian Government on Wednesday approved a list of 18 public investment projects to be carried out under public-private partnership (PPP).
Transilvania Constructii Plans RON13M Invest In 2011
Romanian construction company Transilvania Constructii Cluj-Napoca (COTR.RO) plans to invest 12.75 million lei (EUR3.1 million) this year, from its own resources and EU funds, according to a...
Agricola Bacau Eyes 9% Hike In 2011 Sales, To RON443M
Romanian group Agricola Bacau on Thursday said it expects sales to rise 9% on the year in 2011, to more than 443 million lei (some EUR108 million), since poultry meat price is set to rise 10...
Education Ministry Needs Extra RON2.5B To Complete Current Investments
Romania’s Education Ministry wants all pre-university education units to obtain sanitary authorization in the next four years, according to the Government’s fiscal strategy for 2012-2014 obt...
Billa Romania Invests EUR3M In Facelifts At Two Stores
Retailer Billa invested more than EUR3 million in remodeling two Romanian stores, in Bucharest and Timisoara, increasing the fresh food section by more than 70%, Billa Romania chief operatin...
Transport Ministry Plans To Award Construction Contracts Worth EUR3.3B By June
Romania’s Transport Ministry wants to award contracts worth about EUR3.3 billion by June this year for road and railway infrastructure work, state secretary Alexandru Nazare said Monday.
Oltchim Expects Swing To RON2.1M Profit In ‘11
Romanian state-owned chemical company Oltchim Ramnicu-Valcea (OLT.RO) on Friday said it expects a switch to a profit of 2.1 million lei (EUR1=RON4.0966) this year, after four years of loss,...
Romanian Enol Grup Bucuresti Sees ’11 Sales Up 18% YY, To RON70.8M
Romanian Enol Grup Bucuresti on Friday said it expects sales to rise 18% on the year in 2011, to 70.8 million lei (EUR1=RON4.0966), from RON60 million in 2010.