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Electroargeș shares saw three-fold decline since Chelu became a shareholder

The market value of vacuum cleaner manufacturer Electroargeș Curtea de Argeș (ELGS) has fallen three-fold on the Stock Exchange since the end of October last year, when businessman Cătălin Chelu became a shareholder.

Adrian Cojocar · 08.05.2011 · 23:38 · 1 min
ZF English

Cemacon invests in distribution to double market share

Brick manufacturer Cemacon Zalău (CEON), whose main shareholder is Broker Cluj, plans to increase its sales 2.6 times to 58 million lei, although it expects the market to stagnate.

Adrian Cojocar · 05.05.2011 · 23:31 · 1 min
ZF English

Vladescu: There's a risk that the state might become Rompetrol shareholder again

Finance Minister Sebastian Vladescu is taking into account the risk that Rompetrol, controlled by Kazakh-group KazMunaiGaz might not pay the entire 600 million-euro amount required to redeem...

Razvan Voican · 17.01.2010 · 23:40 · 2 min
ZF English

Lactaprod's majority shareholder enters mineral water market

Mihai Petrea (40), general manager and majority shareholder of milk producer Lactaprod in Braila county, has taken over half of the shares of the former mineral water business of Bere Mures...

Diana Tudor Stoica · 19.07.2009 · 19:02 · 2 min
ZF English

Head of Allianz-Tiriac, wealthiest individual shareholder in insurance

Cristian Constantinescu, general manager of Allianz-Tiriac, the largest insurer on the local market, is the wealthiest individual shareholder on the insurance market, with a 3.36% stake in t...

Ziarul Financiar · 16.04.2008 · 20:14 · 1 min
ZF English

Five Continents shareholder spends 5.5m euros for production of pressed cheese

Five Continents, a Bucharest-based producer of pressed cheese, one of the top five players on the market, according to the data provided by Nielsen market research company, puts this year's...

Ziarul Financiar · 06.09.2007 · 18:57 · 1 min
Asesoft shareholder taps into agricultural business
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Asesoft shareholder taps into agricultural business

Iulian Stanciu (photo), a shareholder in the IT company Asesoft Distribution, which estimates a business worth 95 million dollars for this year, has acquired 50% stakes in two companies invo...

Ziarul Financiar · 19.07.2007 · 19:58 · 1 min
Former TotalSoft and Medicover shareholder invests in hemp
ZF English

Former TotalSoft and Medicover shareholder invests in hemp

Businessman Dan Lazarescu (photo), 61, former manager and shareholder of the private services supplier Medicover and software company TotalSoft, has invested over 1.7 million euros in a hemp...

Ziarul Financiar · 14.05.2007 · 18:18 · 1 min
ZF English

HVB Tiriac - UniCredit Romania merger project submitted for shareholder approval on March 9

The merger project of HVB Tiriac and UniCredit Romania will be submitted for the approval of the shareholders in a meeting to take place on March 9. The agenda includes the report drawn up b...

Ziarul Financiar · 09.02.2007 · 19:46 · 1 min