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ZF English

Mutual funds: same investors, same small growth

The number of investors in Romanian mutual funds has stayed at approximately 60,000 for more than six months now, with no significant changes from one month to another, while the amounts inv...

Ziarul Financiar · 23.09.2003 · 00:00 · 1 min
ZF English

IMAS sees 4-5% annual growth

Romania's economic growth throughout 2004-2007 will range between 4 and 5%, but the possibility of GDP posting lower increase (3.5%) in 2005 or 2006 remains, stated Alin Teodorescu, chairman...

Ziarul Financiar · 16.09.2003 · 00:00 · 1 min
ZF English

73% growth for ZF

Ziarul Financiar saw one of the soundest growths in advertising revenues on the entire printed press market in H1, due to the increase in audience and to the reader quality. The data provide...

Ziarul Financiar · 12.09.2003 · 00:00 · 2 min
ZF English

Ariston and Indesit see 150% first half growth

Merloni Elettrodomestici, an Italian producer of home appliances, which holds the Ariston and Indesit brands, saw first half sales grow by 150% from the same time last year. "There are two m...

Ionut Bonoiu · 08.09.2003 · 00:00 · 2 min
ZF English

Renault sees 10% growth

French carmaker Renault estimates to sell 10,000 vehicles on the Romanian market this year, up 10% from last year, when it sold 9,063 units, Camelia Dumitrescu, head of the statistics depart...

Ziarul Financiar · 04.09.2003 · 00:00 · 1 min
ZF English

US dollar growth prompts Romanian banks to revise exchange rate forecasts

Romanian banks have revised their yearend forecasts on the exchange rate of the domestic currency against the two benchmark foreign currencies - the US dollar and the euro, given the last we...

Ionela Nuta · 27.08.2003 · 00:00 · 2 min
ZF English

MJ Maillis to hit sales growth target

MJ Maillis Romania, a packaging and packaging equipment producer, in the first half of the year registered turnover worth 4.5 million euros (166 billion ROL), up over 60%, in nominal terms,...

Ziarul Financiar · 25.08.2003 · 00:00 · 1 min
ZF English

Omniasig sees unexpected growth

Omniasig Group, which holds general insurer Omniasig and Omniasig Asigurari de Viata (Life Insurance), posted 1,330bn ROL in gross underwritten premiums in the first half this year and 68bn...

Ziarul Financiar · 18.08.2003 · 00:00 · 1 min
ZF English

Electrolux logs 94% first half growth due to consumer credits

The strong growth in the sales of the home appliance retail chains following the introduction of the hire purchase has also influenced their main suppliers, i.e. the producers. World's leadi...

Bogdan Neagu · 07.08.2003 · 00:00 · 2 min