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Holcim's profit is down 34.5%, while rivals see increases

Holcim Romania, provider of construction materials and local subsidiary of the Swiss group Holcim, reported a 34.5% decline in net profit last year, to 114.5 million RON (34.3 million euros)...

Ziarul Financiar · 25.06.2008 · 19:11 · 1 min
ZF English

Loan brokers see massive increases

Loan brokers saw significant increases in the value of loans brokered in the first five months of the year, but, even so, the local market remains a long way behind Central and Eastern Europ...

Ziarul Financiar · 25.06.2008 · 19:10 · 1 min
ZF English

Bavaria Leasing increases capital by 1.1 million euros

Bavaria Leasing, a company whose shareholders include Daniel Daianu and Attila Verestoy, has increased its share capital by 3.88 million RON (1.1 million euros), as revealed by a decision of...

Ziarul Financiar · 11.06.2008 · 19:59 · 1 min
ZF English

GW transporter: Fuel price increases affect negotiations with clients

The acquisition price of fuel accounts for around 40-50% of the cost of transporting goods, according to Viorel Leca, general manager of Gebruder Weiss Romania. Gebr?der Weiss is the largest...

Ziarul Financiar · 06.06.2008 · 21:05 · 1 min
ZF English

Foreign debt increases 40% in one year and reaches 61bn euros

Romania's overall foreign debt exceeded 61 billion euros at the end of March, up 40% on the first quarter of last year, reveals data from the NBR (National Bank of Romania). Since the beginn...

Ziarul Financiar · 03.06.2008 · 21:15 · 1 min
ZF English

Economy resumes fast growth, as GDP increases by 8.2% in Q1

The economy advanced by 8.2 percent in the first quarter against the same period in 2007, and exceeded even the most optimistic expectations, data from the National Statistics Institute reve...

Ziarul Financiar · 03.06.2008 · 21:11 · 2 min
ZF English

Public optimism won't allow interest rate increases to hinder lending

The National Bank's interest rate increases have had a reduced impact on lending in the wake of public optimism over higher incomes. However, the tightening of lending conditions by the comm...

Ziarul Financiar · 22.05.2008 · 19:58 · 1 min
ZF English

91m-euro capital increases for pension companies

Mandatory pension companies (the 2nd pillar) performed capital increases worth 91 million euros (over 316.8 million RON) in total, according to the annual report of the Private Pensions Supe...

Ziarul Financiar · 20.05.2008 · 21:30 · 1 min
ZF English

Novotel's value increases 50% one year after acquisition

Novotel, the four-star hotel located on Bucharest's Calea Victoriei, has recently been valued at 44.7 million euros, up 50% on the acquisition price paid by Austrian investment fund Sparkass...

Ziarul Financiar · 22.04.2008 · 18:55 · 1 min