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ZF English

MEI, 6m-euro stocks in Imotrust and Contor Arad

Two investment funds managed by the Dutch-based Middle Europe Investments (MEI) bought a 5% stake in real estate developer Imotrust Arad (ARCV) on Tuesday, from its majority shareholder, Gru...

Ziarul Financiar · 11.10.2007 · 21:15 · 1 min
Temsa boasts higher sales in Romania than Hungary and Greece
ZF English · Companies

Temsa boasts higher sales in Romania than Hungary and Greece

Temsa, Turkish-based manufacturer of coaches and buses, part of Sabanci group, estimates to sell around 200 units on the Romanian market this year, which would account for around 10% of the...

Alexandru Anghel · 11.10.2007 · 21:13 · 2 min
ZF English · Automotive

Audi and VW separate dealerships to boost sales

George Sanduleac, Audi's brand manager, believes separating Audi's and Volkswagen's showrooms will generate a sales increase for the premium brand of the VW group, therefore avoiding canniba...

Bogdan Alecu · 09.10.2007 · 18:20 · 2 min
ZF English

Azur Baia Mare takes out 5m-euro loan from BCR and BRD

Transportation company Azur Baia Mare will take out two loans worth a total of 5 million euros (from BRD and BCR) to guarantee two plots of land with a total surface area of 28,000 square me...

Ziarul Financiar · 05.10.2007 · 20:35 · 1 min
Bitdefender and Gecad open offices in Silicon Valley
ZF English

Bitdefender and Gecad open offices in Silicon Valley

Gecad and Softwin, two of Romania's largest software export groups, have opened offices in Mountain View California, Silicon Valley, USA - the largest collection of IT companies in the world...

Ziarul Financiar · 03.10.2007 · 19:54 · 1 min
ZF English · Automotive

SIAB 2007: over 50 new models and 4 concepts

This year's edition of the Bucharest International Auto Show (SIAB) will bring together carmakers that will present their new models ready for launch onto the domestic market, as well as a s...

Bogdan Alecu · 03.10.2007 · 19:53 · 3 min
ZF English · Banks

BCR sees the euro at 3.3 RON and interests rising

The euro is expected to end this year at around 3.3 RON, while a weaker RON correction will play an important part in NBR's inflation target being met, believes Lucian Anghel, chief-economis...

Razvan Voican · 02.10.2007 · 18:53 · 2 min
ZF English

Uniqa, Aegon and Groupama compete over BT Asigurari

Uniqa group (Austrian), Aegon (Dutch) and Groupama (French), one of the biggest players on the financial market in the region, are vying over the acquisition of BT Asigurari, sources close t...

Angela Placinta · 02.10.2007 · 18:52 · 2 min
ZF English · Automotive

BMW: improved services and reduced delivery time

Carl-Theo Fitzau, manager of BMW Group Romania and representative for the German brand in Romania, believes that, for premium cars, the services provided by the company are also very importa...

Bogdan Alecu · 28.09.2007 · 19:11 · 2 min