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ZF English

Prutul Galati borrows 25m euros from several banks

Vegetable oil producer Prutul Galati will borrow approximately 25 million euros from several banks in order to buy raw materials and acquire a storage base located in Liesti, Galati county....

Ziarul Financiar · 05.09.2007 · 18:20 · 1 min
ZF English · Companies

Altex's PC plant sees turnover up 53% to 11m euros

Complet Electro Serv (CES), a domestic company (part of the Altex group) that manufactures personal computers, registered a turnover worth 10.81 million euros (35.61 million RON) in the firs...

Sabin Popescu · 04.09.2007 · 18:04 · 2 min
ZF English

Interest rate for credits in euros down from 9 to 8%

The spread between interests operated by banks for individual clients for credits in euros and those paid for deposits has lowered significantly over the past year. Whereas in June last year...

Ziarul Financiar · 03.09.2007 · 18:42 · 1 min
ZF English

Constructions and Dacia take Elba's turnover to 21m euros

Elba, the Timisoara-based lighting products manufacturer, has posted a turnover worth 21.6 million euros (71.5 million-RON) for the first six months of the year, an increase of 31% against t...

Anca Rif, ZF Transilvania · 03.09.2007 · 18:41 · 1 min
ZF English · Banks

Piraeus injects 172m euros into domestic division

Piraeus Bank, a major financial group on the Greek market, has conducted a capital increase worth 172 million euros for its Romanian unit. In the wake of this cash injection, the share capit...

Liviu Chiru · 31.08.2007 · 19:14 · 3 min
ZF English

Good real estate consultants make 10,000 euros a month

The real estate transaction fever can be felt by the pockets of those brokering them. Whereas a good real estate consultant earns 4,000 euros a month, a very good one will make 10,000 euros....

Alina Pahoncia · 31.08.2007 · 19:06 · 3 min
America House sold for 120m euros
ZF English

America House sold for 120m euros

The America House office building, located in Bucharest's Victoriei Square, is set to be taken over by the French company Ixis, after a record-high (120 million-euro) transaction, real estat...

Ziarul Financiar · 30.08.2007 · 18:24 · 1 min
ZF English · Retail

Real estate boom to take Altex turnover to 300m euros

Altex, the biggest retailer of electronics and electrical home appliances in Romania, estimates it will reach an income worth 6m euros by yearend, after it posted 3.9m-euro in losses last ye...

Alexandru Anghel · 30.08.2007 · 18:24 · 3 min
ZF English

Meinl European Land: real estate investments, could top 750m euros by 2010

Meinl European Land, a real estate company registered in the Channel Islands, at the end of the first half had six projects in Romania in the final phase of analysis, with the value of proje...

Ziarul Financiar · 27.08.2007 · 18:19 · 1 min