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ZF English · Banks

BCR integration due for completion by mid-2008

Speed is more important than perfection and a solution that takes care of a problem 80% is enough if it contributes to integration and brings faster benefits. This is the principle Manfred W...

Razvan Voican · 28.02.2007 · 18:30 · 3 min
ZF English · Insurance

Life insurance segment may reach 1bn euros by 2010

Romaniaes life insurance market is likely to get close to one billion euros by 2010 amid a yearly growth rate of 30%. "According to the latest research conducted both by AIG Life, and by spe...

Lavinia Marin · 28.02.2007 · 18:29 · 2 min
ZF English · Banks

NBR rate cut caused by fear of some major risks

The NBR expects the inflation rate to reach a level of 4.3% in Q1, climb to 4.7% in Q3, settle at 4.6% by the yearend, and stay there in Q1, 2008, as well. In addition, according to the late...

Liviu Chiru · 19.02.2007 · 18:19 · 3 min
ZF English

Benvenuti expands network by ten stores

Benvenuti footwear store network, set up in 2004 by Dan Pavel, one of the founders of Leonardo, intends to open ten new stores in the country this year, following a 600,000-euro investment....

Ziarul Financiar · 16.02.2007 · 21:06 · 1 min
ZF English

Decorative products boost Azur's business by 21%

Paints producer Azur, a subsidiary of ICC Industries New York, estimates a turnover worth some 13.8 million euros for this year, a 21% increase against 2006. "For this year we are planning o...

Ziarul Financiar · 07.02.2007 · 18:22 · 1 min
ZF English

Budget revenues exceed target by almost 6%

The general budget collected revenues worth 2.81 billion euros (9.541 billion RON) in January; this is up 17.7% in euros against January 2006, and up 5.7% against the revenue schedule propos...

Ziarul Financiar · 06.02.2007 · 19:19 · 1 min
ZF English

Top Brands increases number of employees by 10%

Top Brands Distribution (TBD), one of the top three biggest distribution and logistical companies on the market has recently completed a 350,000-euro investment in opening two offices, one i...

Ziarul Financiar · 05.02.2007 · 19:04 · 1 min
ZF English

Transactions over 10,000 euros, tracked online by the authorities

As of January 28, the National Office for the Prevention and Fight against Money Laundering (ONPCSB) will have access to the National Bank's interbank communications network, enabling the ON...

Ziarul Financiar · 31.01.2007 · 19:20 · 1 min
ZF English

Mall Alba expands lettable surface by 3,000 sqm

The developers of the Mall Alba shopping centre, built by a company controlled by three businessmen in Alba Iulia will expand its lettable area by 3,000 square metres given the robust pace o...

Ziarul Financiar · 29.01.2007 · 19:19 · 1 min