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Carmo-Lact Prod forecasts 12.5 million euros from dairy products

Carmo-Lact Prod, the Bistrita-based dairy manufacturer, estimates turnover worth approximately 12.5 million euros this year, up 20% on 2007. The company posted overall sales worth approximat...

Ziarul Financiar · 25.02.2008 · 19:13 · 1 min
ZF English

Domo shareholders receive another 12.5m euros from Equest

The shareholders of the home appliances store network Domo will receive another 12.5 million euros by the end of May for a 75% stake, sold in autumn 2007 to Lynx Property, the subsidiary of...

Ziarul Financiar · 22.02.2008 · 20:34 · 1 min
ZF English

Dunca budgets around 40m-euro revenues from freight transport

Romeo Dan Dunca, owner of the road freight company Dunca Expeditii, has budgeted a 40% increase in its transport-derived revenues, to around 42 million euros. "Last year, we attained the 30...

Ziarul Financiar · 18.02.2008 · 18:09 · 1 min
ZF English · Retail

Selgros benefits from early entry onto market

Alexandru Vlad, CEO of the Selgros Cash & Carry Romania network, has revealed that around 50% of the investment in a new location will be spent on land, whereas in 2001, when the group first...

Mihaela Popescu · 18.02.2008 · 18:07 · 2 min
Vuza expects 100m-euro revenues from real estate
ZF English · Companies

Vuza expects 100m-euro revenues from real estate

Businessman Stefan Vuza, who owns Serviciile Comerciale Romane (SCR) group of firms (annual turnover worth 350m euros), says his real estate operations will generate revenues worth 100 milli...

Mirabela Tiron · 15.02.2008 · 20:54 · 2 min
ZF English

Individuals make 7.5 billion-euro profit from financial investments

Last year, individuals made more than 7.5 billion euros from financial investments (shares, bonds, dividends, deposits and foreign exchange transactions), up 65% on 2006. Profits from financ...

Mihai Bobocea · 14.02.2008 · 20:06 · 2 min
BRD to reduce indebtedness level from 70% to 60%
ZF English

BRD to reduce indebtedness level from 70% to 60%

BRD, the second-largest bank on the market, is preparing to adjust the maximum indebtedness level for clients' real estate credits from 70% to 60% of incomes, while interest rates will under...

Ziarul Financiar · 12.02.2008 · 19:48 · 1 min
ZF English

SIF Transilvania buys 2m-euro Erste shares from Vienna Stock Exchange

Over the last two weeks, SIF Transilvania (SIF3 - financial investment company) has purchased shares worth 2 million euros in the Austrian-based Erste Bank (the majority shareholder of the B...

Ziarul Financiar · 08.02.2008 · 19:22 · 1 min
ZF English

Tuborg to boost market share from 9% to 15%

United Romanian Breweries Bereprod (URBB), the producer of Tuborg and Carlsberg beer, plans to increase its market share by 6% this year, to 15%, after it conducts investments to increase it...

Ziarul Financiar · 07.02.2008 · 19:35 · 1 min