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ZF English · Petroleum

Petroleum market to reach 6.8bn euros this year

Petroleum product consumption is set to rise by around 7% this year against 2007 on rising car fleet and expansion plans announced by the main players. Translated into money, the difference...

Roxana Petrescu · 04.02.2008 · 19:06 · 2 min
ZF English · Hotels

New hotels scheduled to open this year

This year will see over 16 new hotels open on the market, most of which belong to chains already established in Romania, such as Ramada, Golden Tulip and Continental. However, the most impor...

Roxana Grigorean · 25.01.2008 · 18:18 · 2 min
ZF English

Interbrands exceeds 1bn euros one year ahead of schedule

Interbrands Marketing & Distribution, the largest distributor of consumer goods, posted business worth 1.05 billion euros last year and joined 10 or so companies in Romania with turnovers wo...

Ziarul Financiar · 16.01.2008 · 18:13 · 1 min
ZF English · Real Estate

Malls scheduled for opening this year

This year's star cities will be Bucharest and Suceava, with 3 launches of new shopping centres each, while Galati, Buzau, Piatra-Neamt or Focsani will witness the opening of the first develo...

Cristi Moga · 14.01.2008 · 18:05 · 3 min
ZF English

NBR raises interest rate by 0.5% to 8% a year

NBR has taken one more step towards making lending in RON more expensive, when it upped the key rate by 0.5%, to 8% a year yesterday. Analysts believe that sooner or later customers will fee...

Liviu Chiru · 08.01.2008 · 18:27 · 3 min
ZF English

How much will managers earn this year?

Managers' salaries are expected to increase by 9 to 15% this year, thus slowing down the recent growth, when the market average stood at 30-40%, and even doubled for certain positions and fi...

Alina Pahoncia · 07.01.2008 · 18:37 · 2 min
ZF English · Economy

2007, the year of deeper economic imbalances

The year 2007 has been a turning point for Romania, after EU integration, marked by widening economic imbalances and political environment fragmentation. One of the risk factors for 2008 is...

Oana Dinu · 28.12.2007 · 19:54 · 2 min
ZF English

Broker Cluj: We will close the year with 45m-RON gross profit

Financial brokerage company Broker Cluj (BRK) estimates it will close this year with a 45 million-RON (around 12.5 million-euro) profit, more than twice as high as the profit recorded last y...

Ziarul Financiar · 24.12.2007 · 18:18 · 1 min
ZF English

Summa forecasts 80m-euro turnover next year

Summa Romania, the local branch of the Turkish-based construction company, estimates an 80 million-euro turnover next year, up 60% against this year, amid a rise in the number of contracts s...

Ziarul Financiar · 14.12.2007 · 19:56 · 1 min