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ZF English

Amway no longer expects 50% yearly increases

Direct sales company Amway Marketing Romania, estimates a 20-30% turnover increase for this year, which would bring the company's business to around 37 million euros, with a business growth...

Ziarul Financiar · 25.05.2007 · 19:05 · 1 min
ZF English

Private pension funds could trigger artificial increases in share prices

Private pension funds, which will be able to invest up to 25% of contributors' capital on the Romanian stock exchange, could increase the value of shares to unsustainable levels. Management...

Ziarul Financiar · 25.05.2007 · 19:05 · 1 min
ZF English · Automotive

Eybl Automotive increases personnel by 500

Eybl Automotive Romania, a branch of the Austrian group Eybl International AG, a provider of components for the automotive industry, posted 16 million-euro turnover last year, up 14% against...

Anca Rif, ZF Transilvania · 18.05.2007 · 18:16 · 1 min
ZF English · Companies

Elmec increases personnel to sustain development

Yannis Lagos, a member of the managing board of Elmec, the domestic importer of Nike, has said he wants Elmec's number of employees to increase from 700 at the end of 2006 to 850 by June thi...

Cristiana Groza · 04.05.2007 · 19:57 · 2 min
ZF English

Credit Europe Leasing increases capitalby 8.2m euros

Credit Europe Leasing IFN, the leasing division of financial group Credit Europe, has increased its share capital by 8.2 million euros, following the 160% increase in the volume of funding g...

Ziarul Financiar · 24.04.2007 · 18:35 · 1 min
ZF English

Artego's business increases to 53m euros

Artego, the Targu-Jiu based rubber manufacturer increased its business by 20.8% last year, generating 181.65 million RON (53 million euros). The net profit also increased 2.5 times, to 4.56...

Ziarul Financiar · 23.04.2007 · 18:10 · 1 min
ZF English

Azur increases water-soluble paints production by 50%

Paints producer Azur, a subsidiary of ICC Industrie INC New York, intends to boost its production of water-soluble paints by around 50%, with investments in this development project standing...

Ziarul Financiar · 16.04.2007 · 18:04 · 1 min
ZF English

Banks witness biggest capital increases in February

Capital increases in the over 1 million-euro category increased by 30% in February against the same period last year reaching over 140 million euros. However, the figures recorded were consi...

Ziarul Financiar · 12.04.2007 · 20:50 · 1 min
ZF English

ATE Bank increases stake in Mindbank

ATE Bank - Greece's Agricultural Bank, has increased its interest in Mindbank to 73.3% by acquiring stakes from various shareholders. The ATE Bank management also agreed to contribute a 68.1...

Ziarul Financiar · 10.04.2007 · 18:10 · 1 min