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ZF English

Investors withdraw over 60% of Premio fund's assets

Equity fund Premio, managed by Pioneer Asset Management, was left with assets worth just one million RON (277,000 euros), after investors withdrew 2 million RON (550,000 euros) from the fund...

Ziarul Financiar · 18.06.2008 · 19:14 · 1 min
Garanti set to triple assets
ZF English · Banks

Garanti set to triple assets

Turkish-based Garanti Bank targets aggressive growth on the credit card segment in a bid to gain ground on the retail market. Last autumn, the bank launched an electronic chip credit card as...

Liviu Chiru · 30.04.2008 · 18:07 · 2 min
Tec Miaco assets, core of Agroli's domestic expansion
ZF English · Companies

Tec Miaco assets, core of Agroli's domestic expansion

Built on the structures of the former poultry plant Avicola Crevedia previously owned by Tec Miaco, Agroli group of firms in 2007 generated 150m-euro turnover from five business units. The L...

Diana Tudor Stoica · 16.04.2008 · 20:12 · 2 min
ZF English · Banks

BCR sees highest assets per employee

BRD-SocGen employees last year generated an individual profit twice as high as that derived by the employees of BCR, Raiffeisen or Banca Transilvania. However, all four banks stand above the...

Liviu Chiru · 08.04.2008 · 20:18 · 2 min
ZF English · Mutual Funds

Low volume of assets keeps mutual fund managers' salaries down

Investment managers make an average 1,500 euros a month on a mutual fund market where profitability is highly dependent on the volume of managed assets. The salaries earned by local investme...

Roxana Pricop · 31.03.2008 · 19:47 · 2 min
ZF English

Porsche Bank assets stagnate at 54m euros

Porsche Bank, the only player on the market specialised in vehicle loans, closed last year with assets worth 54 million euros, a slight decline on December 2006. Last year, total assets in t...

Ziarul Financiar · 04.03.2008 · 20:50 · 1 min
Asirom sells 16m euros' worth of assets in search of profit
ZF English

Asirom sells 16m euros' worth of assets in search of profit

Asirom, one of the largest insurance companies on the market, has decided to sell all of its non-insurance related assets, which are worth around 16 million euros. "These assets are real est...

Ziarul Financiar · 04.03.2008 · 20:50 · 1 min
Marfin targets assets worth 890m euros
ZF English · Banks

Marfin targets assets worth 890m euros

Egnatia Bank, the domestic arm of Greek group Marfin, plans to boost its assets to 890m euros this year, more than double last December's level. "We've already developed a network of subsidi...

Liviu Chiru · 18.02.2008 · 18:07 · 2 min
ZF English

Youngest owner in charcuterie industry buys Oltchim assets

Carvil Mizil, a company held and managed by Iustin Paraschiv, one of the youngest entrepreneurs in the meat industry, acquired a poultry farm, a pig farm and a fertiliser production facility...

Ziarul Financiar · 05.02.2008 · 20:23 · 1 min