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ZF English

Euro growth makes Brits go skiing in Romania

What is the connection between the London City and Poiana Brasov? Well, it is the sterling pound. Its declining rate against euro will make a difference for the accounts of the hotels operat...

Bogdan Neagu · 24.07.2003 · 00:00 · 1 min
ZF English

Rehau makes plastic pipes

Germany-based Rehau has started making PVC and polyethylene pipes at its Sibiu facility this May, after having imported such products for this market for seven years. Rehau is the second for...

Ziarul Financiar · 17.07.2003 · 00:00 · 1 min
ZF English

Pepsi bottler makes Lipton Ice Tea

Quadrant Amroq Beverages, Pepsi's bottler on the Romanian market will start producing the Lipton Ice Tea soft drink following a partnership recently concluded with consumer goods giant Unile...

Bogdan Neagu · 30.06.2003 · 00:00 · 1 min
ZF English

Lufthansa makes profit in Bucharest

German company Lufthansa is posting profit in Romania, although recording losses worldwide, as demand for flights to/from Bucharest is increasing steadily. The number of passengers flying wi...

Ziarul Financiar · 09.06.2003 · 00:00 · 1 min
ZF English

FRPP exits ISAF, makes handsome profit

The Romanian Post Privatisation Fund, one of the largest investment funds in Romania, has sold its stake in the automation and telecom company ISAF Bucharest.FRPP held 20% in ISAF, which bou...

Laurentiu Ispir · 24.04.2003 · 00:00 · 2 min
ZF English

Petrom makes NATO fuels

The National Oil Company (SNP) Petrom has announced the acquisition of a stake held by Norsk Hydro (Norway) and disclosed plans to produce fuels for NATO aircraft at the Petrobrazi refinery....

Ziarul Financiar · 08.04.2003 · 00:00 · 1 min
ZF English

UCM Resita makes profit in spite of debts

Diesel engine maker Uzina Constructoare de Masini (Machine Building Plant - UCM) Resita concluded 2002 with 31.4bn ROL ($0.9 million) in gross profit, in spite of its unpaid debts worth 1,43...

Ziarul Financiar · 26.02.2003 · 00:00 · 1 min
ZF English

All Renault makes in one place

French carmaker Renault will bring its third brand, Nissan, on the Romanian market next year. After having taken over the controlling interests in Dacia in 1999, Renault set up a subsidiary...

Ionut Bonoiu · 13.12.2002 · 00:00 · 1 min
ZF English

Bermas makes one million dollars

Beer producer Bermas Suceava recorded nine-month net profit worth 32 billion ROL ($0.97m), up one third in real terms since the year-ago period. Q3 profit amounted to 14.1 billion ROL. Turno...

Ziarul Financiar · 04.12.2002 · 00:00 · 1 min