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ZF English

Auto market in 2007: three times higher growth than expected

Sales of vehicles in 2007 accelerated 23% and reached a total volume of 366,819 units, according to the statistics of the Association of Automotive Manufacturers and Importers in Romania (AP...

Bogdan Alecu · 21.01.2008 · 18:20 · 2 min
ZF English

Aura Investments buys stakes in three Plaza Centers developer projects

Israeli company Aura Investments has purchased a plot in Craiova, for 10.5 million euros, where it will build a mall, and has taken over stakes in three projects of the Plaza Centers develop...

Ziarul Financiar · 28.12.2007 · 19:56 · 1 min
ZF English · Takeovers

Three groups on the shortlist for LaborMed takeover

Two investment funds and one international pharmaceuticals company are on the shortlist to take over drug producer LaborMed Pharma. Advent International and GED Capital, investment funds whi...

Ioana David · 21.12.2007 · 18:45 · 1 min
ZF English · Real Estate

1 billion-euro financing for three developers

Copper Beech, Africa Israel and Iulius Grup have contracted financing worth around 1bn euros this year to develop the real estate projects announced for the next 3-5 years. The biggest loans...

Catalin Lupoaie · 18.12.2007 · 18:05 · 3 min
ZF English

Mandatory private pensions: almost 3 million clients in three months

More than 2.93 million employees under 45 years of age have already chosen a fund for their mandatory private pension (pillar II) in the first three months since joining one has become possi...

Mihai Bobocea · 18.12.2007 · 18:02 · 2 min
ZF English

Top 3 counties sell three times fewer cars than Bucharest

The top three counties in terms of the number of cars registered (Constanta, Arges and Brasov) sold 35,477 cars in the first ten months of the year, i.e. a third of the 88,188 cars sold duri...

Ziarul Financiar · 28.11.2007 · 18:06 · 1 min
ZF English

State triples public servants' salaries in three years

Public servants received the highest salary increases (42 percent in euros) in the first nine months of this year, compared with the same time last year. Moreover, their salaries increased b...

Mihai Bobocea · 20.11.2007 · 20:00 · 2 min
ZF English

Bank ranking by assets: top three unchanged, Alpha Bank climbs to fourth

Alpha Bank is the new holder of the fourth position in the ranking of banks' assets at the end of September, after it climbed from eighth position in 2006. UniCredit Tiriac, which entered th...

Liviu Chiru · 14.11.2007 · 21:08 · 2 min
ZF English

Three small banks risk receiving lower ratings from NBR

Banks that hold a significant share of the banking sector are expected to perform at least as well this year, as they did in 2006, but it is very likely that three credit institutions, which...

Ziarul Financiar · 08.11.2007 · 20:19 · 1 min