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Raiffeisen projects turnover worth 300m RON for Albalact in 2009

Analysts at Raiffeisen Capital & Investment (RCI), one of the biggest brokers on the domestic market, estimate sales of Albalact Alba-Iulia (ALBZ) will advance by 50% this year, to 151.8m RO...

Ziarul Financiar · 18.09.2007 · 18:36 · 1 min
ZF English

Vaillant banking on 66m-euro turnover for 2007

The domestic unit of Germany's Vaillant heating equipment producer expects to generate turnover worth 66m euros this year, up 27% from 2006, on sales of wall-mounted compact boilers, expecte...

Ziarul Financiar · 18.09.2007 · 18:36 · 1 min
ZF English · Pharmaceuticals

Remedia aims for top 10 spot among distributors

Nationwide coverage, reorganisation of the company and a position among the top ten distributors are the main medium and long-term goals of the general manager of Deva-based Farmaceutica Rem...

Ioana David · 18.09.2007 · 18:35 · 3 min
ZF English

Bucharest-New York flight: 160 passengers per day for Delta

Delta Air Lines, the only airline operating direct flights between Romania and the United States, has carried more than 16,000 passengers during the first 100 days of its Bucharest-New York...

Ziarul Financiar · 17.09.2007 · 18:26 · 1 min
ZF English

Polaris hires 500 Romanians for its first ATV plant

Polaris, American producer of all terrain vehicles will invest 50m euros in the construction of an ATV manufacturing plant in Giurgiu that will have a capacity of 60,000 units per year and a...

Ziarul Financiar · 13.09.2007 · 18:26 · 1 min
ZF English

Spain's ACE seeks 1,100 people for plants in Cluj county

ACE Romania, a producer of wiring systems for the auto industry, is set to hire more than 1,100 individuals by the end of the year for its domestically owned plants. The Spanish company curr...

Ziarul Financiar · 13.09.2007 · 18:26 · 1 min
ZF English

Faimar moves plant and sells land for 5.7m euros

The shareholders of Faimar Baia Mare, a ceramics producer, have put up for sale the land on which its production facility and headquarters are located on for 5.7m euros, and have decided to...

Ziarul Financiar · 13.09.2007 · 18:26 · 1 min
ZF English

Alpha Bank recruits brokers for loan distribution

Easy-Credit, a Dutch-held credit broker, will sell retail credits for Alpha Bank in the form of a partnership. A rising number of banks are in fact resorting to brokers that ensure product d...

Ziarul Financiar · 12.09.2007 · 18:51 · 1 min
ZF English

ING: The NBR will continue to act for RON depreciation

The NBR will try to avoid a "sudden" exchange rate correction and will continue to act for a smooth decline of the RON through indirect moves on the interbank market, explains Ciprian Dascal...

Ziarul Financiar · 12.09.2007 · 18:51 · 1 min