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AIG, the second leading life insurance company, nationalised

US AIG group, the shareholder if AIG Life, AIG Romania and AIG Pensii, was saved at the last minute from bankruptcy by a 85 billion-dollar loan from the Federal Reserve, in exchange for whic...

Ziarul Financiar · 17.09.2008 · 18:34 · 3 min
ZF 24

RHS Company preia ProCA de la RTC, tintind pozitia de lider al pietei de distributie

Grupul RHS Company, unul dintre principalii jucatori de pe piata locala de distributie IT&C, va achizitiona ProCA Romania, divizia de distributie IT a grupului RTC, in urma unui acord agreat...

Ziarul Financiar · 19.08.2008 · 21:30 · 1 min
ZF English

Rompetrol's refining company posts 61% lower profit

Rompetrol Rafinare (RRC on the stock exchange), the main company of petroleum group Rompetrol, led by businessman Dinu Patriciu, posted net profit worth 1.8m euros (6.7m RON) in the first si...

Ziarul Financiar · 15.08.2008 · 19:17 · 1 min
ZF English

After Muntenia Sud, Enel targets gas company

Italian-based Enel, the new owner of Electrica Muntenia Sud, the most valuable electricity company on the local market, is interested in the acquisition of a natural gas company, to provide...

Ziarul Financiar · 21.07.2008 · 18:20 · 1 min
ZF English

Cristescu brothers' company to invest 3.5m dollars in gas field

Craiova-based Foraj Sonde, a contractor for drilling and well services and a member of the Bega group, held by the Cristescu brothers, will invest over 3.5 million dollars over the next four...

Ziarul Financiar · 25.06.2008 · 19:10 · 1 min
ZF English · Companies

Coca-Cola HBC employees can buy company stock at half price

Coca-Cola HBC Romania, the domestic bottler of Coca-Cola products, has recently launched a stock purchase programme through which each employee is eligible to buy Coca-Cola Hellenic shares a...

Mihaela Popescu · 07.03.2008 · 17:36 · 2 min
ZF English

SIVECO buys Bulgarian company

SIVECO, the largest software producer on the Romanian market, has paid 2 million euros to completely acquire Latona, a Bulgarian company with which it has previously worked when it integrate...

Ziarul Financiar · 03.03.2008 · 19:59 · 1 min
ZF English

Principal Company budgets turnover worth 40m euros

Principal Company, producer of charcuterie Principal and Salonta brands, has budgeted turnover worth 40 million euros this year, double against the results registered at the end of 2007, pri...

Ziarul Financiar · 22.02.2008 · 20:33 · 1 min
ZF English · Partnerships

CrisTim seals partnership with Tulip Food Company

Charcuterie producer CrisTim, the largest player on the local processed meat market, which posted an operating income worth 10.5 million euros last year, has closed a partnership with Tulip...

Dana Ciriperu · 21.02.2008 · 18:27 · 2 min