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Kaufland aims for 9 supermarkets in Bucharest
ZF English

Kaufland aims for 9 supermarkets in Bucharest

German-based discount hypermarket network Kaufland intends to increase its number of stores in Bucharest from 2 to 9 in the long run. "In the medium run, the network could reach 5 stores in...

Ziarul Financiar · 15.01.2008 · 18:09 · 1 min
ZF English

Voest Alpine considers Romania for new steel plant

Voest Alpine, the largest Austrian producer in the steel industry, intends to build a massive steel plant on the Black Sea coast, with Romania earmarked as a potential destination, according...

Ziarul Financiar · 14.01.2008 · 18:06 · 1 min
ZF English · Real Estate

Malls scheduled for opening this year

This year's star cities will be Bucharest and Suceava, with 3 launches of new shopping centres each, while Galati, Buzau, Piatra-Neamt or Focsani will witness the opening of the first develo...

Cristi Moga · 14.01.2008 · 18:05 · 3 min
ZF English

Romtelecom sacrifices 2008 profit for future growth

Romtelecom, one of the largest telecom operators on the local market, is working on a three-year business plan, which maps out lower profit in 2008, a move which the company's management hop...

Ziarul Financiar · 11.01.2008 · 19:19 · 1 min
ZF English

Price paid by Profi for Albinuta network:

Profi retailer, which is a part of French group Louis Delhaize, paid around 7.5 million euros (25.2 million RON) to the Lithuanian-based Maxima LT for taking over the Albinuta store network,...

Ziarul Financiar · 11.01.2008 · 19:19 · 1 min
ZF English

Norwegian investment fund pays 25m euros for 2 apartment blocks in Bucharest

Real estate developer Adama, one of the most active players on the local residential market, have sold two apartment blocks from the Armonia project, developed in the Titan district of Bucha...

Ziarul Financiar · 11.01.2008 · 19:19 · 1 min
ZF English

OTP puts insurance division up for sale

OTP, the largest financial group in Hungary, present in Romania through OTP Bank, OTP Garancia Asigurari (the insurance division) and OTP Fond de Pensii (the private pensions division), coul...

Ziarul Financiar · 10.01.2008 · 18:35 · 1 min
ZF English

Merchandising company BIP Grup sold for 2.25m euros

The shareholders of Business Ideas Provider Grup (BIP Grup), Eugen and Ioana Saulea, will collect over 2.25 million euros from selling the company to the British group International Marketin...

Ziarul Financiar · 10.01.2008 · 18:35 · 1 min
Last year's growth rates for top players on car market
ZF English · Automotive

Last year's growth rates for top players on car market

In 2007, Porsche Romania, Renault, as well as Toyota and Honda all posted growth rates that exceeded initial estimates, which took last year's overall growth rate for car imports to over 50%...

Alexandru Anghel · 10.01.2008 · 18:34 · 2 min