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ZF English · Stock Market

4,000 foreigners hold half of the Stock Exchange

Foreign investors have come to control almost half of the shares listed on the Romanian capital market, namely 45%, while Romanian shareholders, including the Romanian state, are still leadi...

Vlad Nicolaescu · 13.03.2008 · 21:54 · 2 min
ZF English

Impact sheds 65% of its market value in just three months

The stock of Impact Developer & Contractor (IMP), the only real estate developer listed on the first tier of the Bucharest Stock Exchange, has lost about 50% since the beginning of the year,...

Andrei Chirileasa · 13.03.2008 · 21:52 · 2 min
ZF English

Head of Rompetrol Moldova to coordinate relations with KazMunaiGaz

The former Prime Minister of the Republic of Moldova, Ion Sturza, gave up the management of Rompetrol Moldova, but recently took over the position of deputy general manager of the petroleum...

Ziarul Financiar · 12.03.2008 · 18:54 · 1 min
ZF English

BCR Viata: Bancassurance will bring 75-80% of our sales

BCR Asigurari de Viata (BCR Life Insurance), a company set up by the BCR group at the end of 2005, closed last year with turnover worth 85 million RON (25.5 million euros), which includes 62...

Ziarul Financiar · 11.03.2008 · 20:31 · 1 min
HR manager of BRD promoted to international position
ZF English

HR manager of BRD promoted to international position

Florin Luca (photo), HR manager of BRD-Societe Generale, the second largest bank on the market in terms of assets, will take over the position of deputy HR manager in international retail ba...

Ziarul Financiar · 11.03.2008 · 20:31 · 1 min
ZF English

Fornetti sells 32m euros' worth of pastries

Fornetti Romania, one of the main players on the local market of frozen pastries, posted a turnover worth 32 million euros in 2007, up 45% on 2006, an increase of 4 million euros against the...

Ziarul Financiar · 10.03.2008 · 20:01 · 1 min
NBR asks Ministry of Finance to target budget deficit
ZF English

NBR asks Ministry of Finance to target budget deficit

The inflation target set by the NBR (National Bank of Romania) should be supported by a similar commitment from the Ministry of Finance regarding the budget deficit, according to Mugur Isare...

Ziarul Financiar · 10.03.2008 · 20:01 · 1 min
ZF English · Banks

Greek banks, a quarter of banking system loans

The seven financial groups present on the Romanian market last December held an overall loan volume worth above 10bn euros, that is a quarter of the total non-governmental loan volume, which...

Liviu Chiru · 10.03.2008 · 20:00 · 2 min
ZF English

Top 500 business partners of the Romanian state

ZIARUL FINANCIAR is publishing today, for the first time, the top 500 companies that conducted business with the state, ranked by the sums awarded based on contracts won from various Romania...

Sabin Popescu · 10.03.2008 · 19:58 · 2 min