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Nov 08, 2007 16:17 EEST
November 8 (SeeNews) - Romanian real estate company Neoland Invest said on Thursday it sees its turnover doubling in 2008 to 1.0 million euro ($1.467 million) from an estimated 500,000 euro this year.
"Even though it has been operating for less than than two years, the company targets a total transactions value of more than a 100 million euro in 2008," Neoland Invest said in a statement.
Neoland expects that the value of its transactions would reach 50 million euro this year.
"Our objective is to be among the first three choices for all those who seek to acquire landplots," the company's general director Costin Lazar said.
Neoland Invest operates in the capital Bucharest, but plans to open an office in the Black Sea port of Constanta next year, and two more - in Brasov, central Romania, and Timisoara, western Romania, in 2009.
($ = 0.6816 euro)
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