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ZF English · Cosmetics

Avon sees profit rise 50% to 16 million euros

Avon Cosmetics Romania, the biggest importer of cosmetics on the domestic market, last year overshot the 100 million-euro mark in terms of turnover. The cosmetics importer, a subsidiary of t...

Andreea Groenendijk · 28.06.2006 · 19:44 · 2 min
ZF English · Publishing Houses

Da Vinci Code drives RAO's profit up to 1.3 million euros

Publishing group RAO International Publishing, which owns the rights to publish the books of American writer Dan Brown, the author of the best-seller "The Da Vinci Code", in Romania, posted...

Ana Raduta · 23.06.2006 · 20:30 · 2 min
ZF English

Greek ATE Bank buys 57% in Mindbank for 36 million euros

ATE Bank, the fifth-leading bank in Greece in terms of market value yesterday signed the contract to buy about 57.13% in Mindbank, in an approximately 35.8 million-euro deal. "Most of the sh...

Adrian Mirsanu · 23.06.2006 · 20:28 · 3 min
ZF English

Enel set to invest 380 million euros in four years

Enel, the Italian utility giant, which won the bid for the privatisation of Electrica Muntenia Sud (EMS), announced investments worth 380 million euros in the next four years in the three el...

Ziarul Financiar · 12.06.2006 · 00:00 · 2 min
ZF English

Battle of the banks over accounts worth several million euros

At least half a billion euros. That is how much the accounts are worth that the big banks are managing for their over 3,000 individual customers with at least 100,000 euros in cash each. Mar...

Ziarul Financiar · 29.05.2006 · 00:00 · 3 min
ZF English

BRD profit up to 42 million euros in Q1

BRD Groupe Societe Generale, the second-largest bank in Romania in terms of assets, yesterday announced a 150 million RON (42 million euros) net profit for the first quarter, an increase of...

Ziarul Financiar · 16.05.2006 · 00:00 · 2 min
ZF English

$7.5 million sales for Gedeon Richter

In the first quarter of this year, Gedeon Richter, the biggest Hungarian pharmaceutical producer, reported sales on the Romanian market worth 7.5 million dollars (over 6.4 million euros), 65...

Ziarul Financiar · 09.05.2006 · 00:00 · 1 min
ZF English

Electrica posts record-high profit: 197 million euros

Electrica SA logged 197 million-euro net profit last year, a record value for a company still fully owned by the state. Electrica is a top five company in Romania in terms of turnover. The p...

Ziarul Financiar · 05.05.2006 · 00:00 · 2 min
ZF English

Car market boom drives Porsche Romania''s profit to 48 million euros

Porsche Romania, the biggest automobile importer on the domestic market, last year made more than 48 million euros in profit, an increase of 65% on the previous year, after having doubled th...

Ziarul Financiar · 27.04.2006 · 00:00 · 2 min