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ZF English

Lazea, NBR: Romanians could eat less to reduce foreign deficit

In hindsight, Romanians should have eaten less imported food and bought fewer imported cars - the two major culprits of last year's trade deficit, believes Valentin Lazea (photo), chief economist of the NBR (National Bank of Romania). Statistical data shows th...

Ziarul Financiar · 27.02.2008 · 18:28 · 1 min
ZF English

Investments eat into banks' profits

The net profit of banks in the first five months of 2007 has stagnated at around one billion RON (327 million euros), against the same time last year, according to data reported to the Natio...

Razvan Voican · 11.07.2007 · 19:04 · 2 min
Auto insurance claims eat into Allianz-Tiriac's profit
ZF English · Insurance

Auto insurance claims eat into Allianz-Tiriac's profit

Allianz-Tiriac, the leader of the insurance market ended the first six months with an operating income derived from general insurance to the tune of 4 million euros, which is half the profit...

Angela Placinta · 14.08.2006 · 18:58 · 2 min
ZF English

Transavia tries to eat into importers' market share

Businessman Ioan Popa, the majority shareholder and general manager of poultry producer Transavia Alba-Iulia, says one of the sources of growth of this business would be to seize the market...

Ziarul Financiar · 13.07.2006 · 20:12 · 1 min
ZF English

Competition and high costs eat into bank profits

Significant competition, costly restrictions set by the NBR and a lack of efficiency across the system have resulted in modest profit growth or even declines in the first quarter of 2006, in...

Ziarul Financiar · 06.06.2006 · 00:00 · 2 min
ZF English

Infrastructure to eat up 1.4bn-euro loans

The infrastructure projects that will be carried out next year will benefit from foreign loans worth 1.4bn euros, with most of the money coming from the European Investment Bank (EIB), Trans...

Ziarul Financiar · 08.12.2005 · 19:46 · 1 min
ZF English

Provisions eat large chunk of Uzinexport's profit

Romanian trader Uzinexport logged preliminary net profit of 20bn ROL ($600,000) in 2003, over ten times lower than the 256.24bn ROL in the previous year. Due to its interests in an increasin...

Ziarul Financiar · 05.03.2004 · 00:00 · 1 min
ZF English

Natural gas imports eat into Petrom's profit

SNP Petrom, the largest company on the Romanian market, anticipates to post poorer financial results this year than last year, particularly because of the expenses for import and storage of...

Adrian Mirsanu · 04.12.2003 · 00:00 · 3 min
ZF English

Romanians drink, eat, smoke and read more

Food and drinks output, as well as tobacco processing output, has increased one fifth over the first six months of the year, as compared to the year-ago period. The publishing and polygraphi...

Ziarul Financiar · 08.08.2001 · 00:00 · 2 min