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ZF English · Energy

MOL turnover drops 7% on filling station exchange

The domestic unit of Hungary's oil group MOL, the fourth-largest company on the domestic oil market, closed the first six months of the year with turnover worth 255m euros, lower than last y...

Roxana Petrescu · 13.08.2007 · 19:39 · 2 min
ZF English

Aftershocks on Romanian market after international financial "earthquake"

The Stock Exchange has lost 3.7 billion euros over the last three weeks, whilst the RON has depreciated by approximately 2.2% since the onset of American financial market crisis. The negativ...

Andrei Chirileasa · 13.08.2007 · 19:36 · 2 min
Bancpost targets fifth spot on the market
ZF English · Banks

Bancpost targets fifth spot on the market

Bancpost is targeting the fifth position in terms of domestic banking assets, with 3 billion euros halfway through the year, while Banca Transilvania, currently ranked fifth, reached assets...

Razvan Voican · 10.08.2007 · 20:29 · 2 min
ZF English

Sweden's East Capital invests over 180m euros on BSE

Investment funds managed by Sweden's East Capital company reached a portfolio of approximately $250m (181m euros) on the domestic capital market in the first half of the year, accounting for...

Ziarul Financiar · 09.08.2007 · 20:16 · 1 min
ZF English · Airports

Regional airport traffic, up 50% on market expansion

The development of the domestic market, which has managed to attract new airlines each year, has now become visible at the level of regional airports. As a result, according to forecasts mad...

Roxana Grigorean · 09.08.2007 · 20:12 · 3 min
ZF English · Real estate

Eurisko, on the wish list of global giant CB Richard Ellis

The shortlist of bidders for Eurisko also includes Jones Lang LaSalle (JLL), market sources told ZF. Eurisko boasts a market value of more than 15 million euros. The representatives of LaSal...

Cristi Moga · 09.08.2007 · 20:11 · 2 min
ZF English · Retail

Germany's Aldi arrives on local market

German-based company Aldi, the world's tenth-largest retailer, which boasts a global turnover in excess of 39 billion euros, has entered the Romanian market by setting up a firm that is enti...

Mihaela Popescu · 08.08.2007 · 20:17 · 2 min
ZF English

Traffic on Targu-Mures airport set to triple

Transilvania Targu-Mures airport is set to witness passenger traffic levels of approximately 160,000 by the yearend, considering the 100,000 passenger mark is expected to be hit this month,...

Ziarul Financiar · 07.08.2007 · 20:36 · 1 min
ZF English · Insurance

Allianz-Tiriac income down on life insurance losses

Allianz-Tiriac, the biggest insurance company on the domestic market, saw operating losses worth one million euros on the life insurance segment in the first half of the year (H1), according...

Liviu Chiru · 07.08.2007 · 20:29 · 2 min