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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 · Stock Exchange

Losses prevail on stock market in fourth quarter of 2007

Of the 35 non-financial companies listed on the Bucharest Stock Exchange that released preliminary results for 2007, 14 posted losses in the last quarter, while 10 reported shrinking profits...

Adrian Cojocar · 22.02.2008 · 20:32 · 2 min
ZF English

Economy grows by 5.7% in third quarter

Economic growth above analysts' expectations has taken the exchange rate to less than 3.5 RON/EUR and pulled the Stock Exchange up by 2-3% on all indices. Economic growth amounted to 5.7% in...

Mihai Bobocea · 03.12.2007 · 17:55 · 2 min
ZF English

BRD sees most profitable third quarter ever: 80 million euros

BRD-SocGen, the second largest bank on the market in terms of assets has accumulated a 682 million RON (approximately 207 million euro) net profit in the first nine months of 2007, up 43% on...

Razvan Voican · 13.11.2007 · 20:12 · 2 min
ZF English

One quarter of Power Business Center, rented in one month

25% of the Power Business Center office building in Cluj-Napoca, which was developed by Eximprod Power System company, has been let since the beginning of last month, when the building first...

Ziarul Financiar · 06.08.2007 · 20:13 · 1 min
ZF English

Adobe: Sales up 100% in the first quarter

Sales of Adobe products on the domestic market doubled in the first quarter of this year, with the growth trend expected to continue into the coming period, as Romanians' living standards im...

Ziarul Financiar · 16.07.2007 · 18:42 · 1 min
ZF English

Petrom's first quarter profit plunges 55% to 112 million euros

Petrom's turnover fell by 8% in Q1, to 815 million euros. "In the first three months we were faced with unfavourable conditions including lower oil prices and the strong appreciation of the...

Roxana Petrescu · 17.05.2007 · 19:15 · 2 min
Private banking generates one quarter of Raiffeisen's deposits
ZF English

Private banking generates one quarter of Raiffeisen's deposits

Over one quarter of the volume of deposits made by individuals with the Raiffeisen Bank come from private banking clients, Octavia Cutus, head of the wealth management department told ZF. Fo...

Ziarul Financiar · 17.04.2007 · 19:51 · 1 min
ZF English

RASDAQ generates record high profits in first quarter

Investments on the RASDAQ market were the most profitable in the first quarter of this year, with the RASDAQ-C index witnessing a 35.2% surge since the beginning of the year - equalling the...

Andrei Chirileasa · 02.04.2007 · 18:48 · 3 min