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ZF English · Retail

Weakened RON hurts Metro group's profit

Exchange rate fluctuations increased the domestic operating costs of German-based Metro group and caused a decline in EBT (earnings before taxes) of 2 million euros in the first quarter of this year, against the same period in 2007. "Metro's EBT fell 6

Mihaela Popescu · 30.04.2008 · 18:07 · 2 min
ZF English · Insurance

Austrian groups control 43% of insurance market

Acquisitions and an increase in turnover to almost one billion euros (above the market rate) boosted the market share held by Austrian insurance groups by 13% last year. Following the acquis...

Angela Placinta · 25.03.2008 · 20:36 · 2 min
ZF English · Automotive

Logan, the brand that changed a group's image

The Logan model, part of the Dacia range, assembled at the plant in Mioveni, has managed to steal the limelight from Renault's Formula 1 team, as well as other future models, explained Carlo...

Bogdan Alecu · 19.02.2008 · 20:39 · 2 min
ZF English · Takeovers

Three groups on the shortlist for LaborMed takeover

Two investment funds and one international pharmaceuticals company are on the shortlist to take over drug producer LaborMed Pharma. Advent International and GED Capital, investment funds whi...

Ioana David · 21.12.2007 · 18:45 · 1 min
ZF English

Another 13 foreign financial groups interested in Romania

Another 13 foreign financial groups have notified the NBR (National Bank of Romania) in November about their intention to provide services directly on the Romanian market, based on the Europ...

Ziarul Financiar · 20.12.2007 · 19:31 · 1 min
ZF English

Porsche financial group's business climbs by 20%

Porsche Bank financial group granted funding worth 140 million euros for the acquisition of vehicles imported by Porsche Romania in the first six months of the year, an increase of 20% again...

Ziarul Financiar · 30.08.2007 · 18:25 · 1 min
ZF English

Praktiker: Romanian sales make up 20% of the group's total business

Sales of the German home improvement store network Praktiker reached 108.4 million euros on the domestic market, in the first half of the year, accounting for 21% of the 495.4 million-euro s...

Ziarul Financiar · 27.07.2007 · 19:40 · 1 min
ZF English · Pensions

OTP: Financial groups have a clear edge

Mandatory private pensions will soon become the most accessible savings instrument, and the funds will most likely be medium risk, says Marius Floarea, the pensions and bancassurance manager...

Mihai Bobocea · 09.07.2007 · 18:21 · 2 min
ZF English

New accounting rules for groups of firm

Groups of firms may be exempted, starting next year, from the obligation to draw up consolidated financial statements, if they have a total turnover worth less than 35 million euros and have...

Claudia Medrega · 06.12.2005 · 20:21 · 2 min