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Lending rise halves

Overall private credit rose by just 25.8% in 2008 in real terms, half the rise recorded in 2007, when it had leapt by over 50%, as a result of the sudden decline of the last two months.

Ziarul Financiar · 28.01.2009 · 18:16 · 1 min
ZF English

Argillon expects 14m-euro sales in 2008

Argillon Romania, a part of the German group by the same name, a producer of medium and high-voltage porcelain insulators, announced it had posted a 6.4 million-euro turnover in the first ha...

Ziarul Financiar · 16.10.2008 · 18:14 · 1 min
ZF English

Selgros Cash & Carry, even closer to 1bn euros

Selgros Cash & Carry Romania store network, owned by Germany's Rewe group, saw its sales rise by 20% in the first six months of this year from the same period of 2007, according to the data...

Ziarul Financiar · 18.09.2008 · 21:04 · 2 min
ZF English

Mercedes-Benz sees 38% rise on stagnating market

Mercedes-Benz Romania, representative on the local market of the brands of the Daimler and Chrysler groups, posted a 38% sales increase in the first eight months of the year compared with th...

Ziarul Financiar · 11.09.2008 · 20:37 · 1 min
ZF English

Clients have to pass 2% interest rise and 15/25% RON depreciation tests to get a loan

The clients that take out new loans need to be able to cope with increases in interest rates by at least two percentage points and a depreciation of RON by at least 15% against the euro, and...

Razvan Voican · 08.09.2008 · 19:01 · 2 min
ZF English

PwC: Interest rate rise is biggest risk to Romanian banks

The rise in interest rates is the highest risk posed to the Romanian banking industry, given that the turmoil on the financial markets has completely altered the risk scenario, according to...

Ziarul Financiar · 08.08.2008 · 21:03 · 1 min
ZF English · Furniture

Staer: Furniture sales rise 40% during summer months

Staer furniture producer, a top ten player domestically, sees sales soar by 40% during summer months compared with the first months of the year as a result of stepped up deliveries of new ho...

Ioana David · 07.07.2008 · 20:13 · 2 min
ZF English

BCR takes the market by surprise with 3.75% deposit interest rise

BCR, the leader of the banking system, operated an increase in the interests paid on RON deposits from its clients by 3.75%, which came as a shock to the market. After this leap, the interes...

Liviu Chiru · 11.06.2008 · 19:56 · 3 min
Brian Fagan - The Great Warming: Climate Change and the Rise and Fall of Civilizations
Ziarul de Duminică · CARTEA IN LUME

Brian Fagan - The Great Warming: Climate Change and the Rise and Fall of Civilizations

Bloomsbury Press, 2008 Viziunile apocaliptice privind iminenta shimbarilor climatice cu efecte catastrofale asupra umanitatii, care ar fi partial responsabila de propria soarta, au devenit,...

Alexandru Purcarus · 23.05.2008 · 20:09 · 2 min