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ZF English

Carpatcement braces itself for first year of net profit decline

German HeidelbergCement group, which operates on the domestic cement, aggregate and concrete markets, is expected to post a decline in net profit in 2008, after four years of growth, due to...

Ziarul Financiar · 03.04.2008 · 19:50 · 1 min
ZF English · Real Estate

Sale of Textila complex could create 7 new millionaires

The trend to relocate industrial facilities outside cities has now reached Iasi, where clothing manufacturer Textila intends to sell its city centre facility, and relocate to an industrial a...

Cristi Moga · 03.04.2008 · 19:47 · 1 min
ZF English

Autoitalia: Commercial vehicles to generate over 35% of turnover

Herbert Stein, the chairman of Autoitalia Group, which imports the brands of the Fiat Grup and SsangYong models, estimates Fiat commercial vehicles will generate 36-40% of the company's turn...

Ziarul Financiar · 02.04.2008 · 19:34 · 1 min
ZF English

RomReal now owns 130 ha of land

Real estate developer RomReal, listed on the Oslo Stock Exchange, which announced investments worth 1.5 billion euros in Romania until 2014, posted 64.4% increase in assets to 147.7 million...

Ziarul Financiar · 02.04.2008 · 19:34 · 1 min
ZF English

Sale of La Fourmi marks exit of funds from food retail

On a market of almost 3 million consumers, where land prices may amount to as much as 2,000 euros per square metre and rents for supermarket space exceed 25-euros/square metre, the sale of L...

Ziarul Financiar · 02.04.2008 · 19:34 · 1 min
ZF English · Gold

Romanians buy over 240m euros' worth of gold

Deals involving gold saw an average 10% increase over the last few years. Over one tonne of jewellery is sold monthly in Romania, bringing the average sale per capita to less than one gramme...

Mirabela Tiron · 02.04.2008 · 19:31 · 2 min
ZF English

Half of new flats in Bucharest are empty, despite demand for over 100,000 units

Despite demand estimated at 135,000 units, half of the 2,000 new homes completed in Bucharest last year are empty, reveals an analysis by Polish consultancy company REAS in partnership with...

Cristi Moga · 02.04.2008 · 19:29 · 3 min
ZF English

Non-performing loans up to 3% of BCR's retail portfolio

As a result of the default risk for unsecured consumer loans being no longer insured and the revision of client segments, non-performing loans in BCR's retail portfolio have doubled from 1.5...

Ziarul Financiar · 01.04.2008 · 21:38 · 1 min
One quarter of new flats postponed for delivery until 2009
ZF English

One quarter of new flats postponed for delivery until 2009

The number of new flats that will be delivered this year has gone down from 8,000 to approximately 6,000, reveals a ZF analysis, based on data collected for the first edition of the Ansamblu...

Ziarul Financiar · 01.04.2008 · 21:37 · 1 min