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ZF English

BCR sees 21% higher profit after 9 months

The net profit of the BCR group in the first nine months of the year stood at 725.8 million RON (219.6 million euros), under the international accounting standards, up 21.2% on the same time...

Ziarul Financiar · 01.11.2007 · 21:50 · 1 min
ZF English

SEAT sales up by over 32% after 9 months

SEAT, the Spanish division of the VW-Audi group, saw a 32.5% sales increase in the first nine months of the year, to 3,660 units, compared with the same time last year. The Ibiza remained th...

Ziarul Financiar · 31.10.2007 · 20:16 · 1 min
ZF English · Budget

Government still has unspent money after 9 months

The public budget has posted a 220 million-euro surplus (0.19% of the GDP) nine months into the year, according to data published yesterday by the Ministry of Economy and Finance. Total reve...

Mihai Bobocea · 31.10.2007 · 20:14 · 2 min
ZF English · Banks

CEC doubles profit after 9 months

CEC (The Romanian Savings Bank), the last commercial bank to remain in the state's portfolio, has posted net profit worth 70 million RON (just above 21 million euros) in the first 9 months o...

Liviu Chiru · 30.10.2007 · 19:51 · 1 min
ZF English

DaimlerChrysler: 50% growth after 10 months

Sales of DaimlerChrysler Automotive Romania, which represents the Daimler and Chrysler-held brands on the Romanian market, expects to overshoot the 2,500-unit mark at the end of October, and...

Ziarul Financiar · 26.10.2007 · 18:22 · 1 min
ZF English

Wolf Theiss: Bucharest office, second-largest after Vienna

The local office of the Austrian law firm Wolf Theiss now has 28 lawyers and is expected to generate around 3 million euros in revenues in 2007. The local office of Wolf Theiss, which is bas...

Ziarul Financiar · 22.10.2007 · 20:11 · 1 min
ZF English · Companies

La Fantana meets annual sales target after 9 months

This summer's high temperatures drove sales of La Fantana, the largest bottler of still water for water coolers, to more than 19m euros in the first nine months, reaching the value initially...

Mihaela Popescu · 15.10.2007 · 21:34 · 1 min
ZF English · Companies

Daewoo Mangalia back into the black after two years

After two years of heavy losses, Korean-based shipbuilder Daewoo Mangalia is back in the black, by taking advantage of the high demand for ships worldwide. "We want to draw attention to the...

Adrian Cojocar · 08.10.2007 · 20:03 · 1 min
ZF English

After real estate, Africa Israel taps into hotel market with 18m euros

Africa Israel Hotels, a subsidiary of Africa Israel real estate group controlled by Lev Leviev, one of Europe's wealthiest businessmen, is set to enter the domestic hotel market through the...

Ziarul Financiar · 13.09.2007 · 18:26 · 1 min