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ZF English

Owner of Ramada Nord in Bucharest doubles hotel's capacity

Bucharest's Ramada Nord hotel will expand its accommodation capacity by 106 rooms, in the wake of an around 2 million-euro investment, with the new rooms to become available in the autumn. T...

Ziarul Financiar · 25.06.2008 · 19:11 · 1 min
ZF English

Signal Iduna fights for 20-30% of health insurance market

Signal Iduna, recently authorised by the Insurance Supervisory Commission, will start to sell policies in the fourth quarter of the year and plans to gain 20-30% of the health insurance mark...

Ziarul Financiar · 25.06.2008 · 19:10 · 1 min
ZF English

Bergenbier generates 8% of InBev's business in CEE region

InBev Romania, the third largest producer on the domestic beer market, ended last year with turnover worth 627.8 million RON (188.1 million euros), which contributed to approximately 8 perce...

Diana Tudor Stoica · 25.06.2008 · 19:08 · 2 min
ZF English

Outsourcing of distribution cuts 500 jobs at Coca-Cola

Coca-Cola HBC Romania, the largest producer of soft drinks on the local market, with turnover estimated at over 450 million euros, will cut its number of employees by 20%, after it transfers...

Ziarul Financiar · 24.06.2008 · 20:43 · 1 min
Business Internaţional

National Bank of Greece pariaza pe extinderea internationala

National Bank of Greece (NBG), cel mai mare creditor elen, va inregistra o dezvoltare puternica datorita afacerilor din afara Greciei, deoarece piata locala este prea mica, potrivit director...

Bogdan Alecu · 24.06.2008 · 20:28 · 1 min
ZF English · Travel

Cost of holidays up almost 20% due to higher oil prices

Oil prices of 140 dollars per barrel are leaving their mark on the prices Romanians pay for holidays. Travel agencies say summer holidays spent abroad are this year 12-20% more expensive on...

Roxana Petrescu · 23.06.2008 · 19:22 · 2 min
ZF English

Euro 2008 sells 11m euros' worth of TV sets

Promotional campaigns conducted before the start of the European Football Championship has led to electronics retailers selling TV sets worth almost 11 million euros. Around two months befor...

Ziarul Financiar · 20.06.2008 · 20:35 · 1 min
ZF English

Bucharest attracts two thirds of foreign investments

Bucharest attracts 64% of foreign investments compared with the Northeast region, which only gets 1.2%. This is the most significant gap in terms of the impact foreign investment s have on e...

Roxana Pricop · 20.06.2008 · 20:33 · 2 min
ZF English

Budget falls into deficit after five months: 0.34% of GDP

The general consolidated budget posted a budget deficit of 0.34% of the GDP at the end of May, sources from the Ministry of Economy and Finance told ZF, after the finance minister forecast a...

Ziarul Financiar · 19.06.2008 · 19:46 · 1 min