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ZF English

Medas to take over Metropol

Insurer Mediteranea Assicurazioni (Medas) is to take over the 12,000 life insurance policies held by Metropol, the Romanian-based insurer that filed for bankruptcy. "Some of those policies h...

Ziarul Financiar · 08.08.2003 · 00:00 · 1 min
ZF English

Seaside prices skyrocket, take toll on hotel revenues

The price of a seaside holiday has increased three times in the last five years, although no investments were made in modernising or improving the quality of services, travel agency official...

Bogdan Neagu · 04.08.2003 · 00:00 · 1 min
ZF English

Two months of scalding hot weather take away the blues of beer companies

The Romanian beer market, where several hundred million dollars have been invested since 1997, has climbed 10% in the first six months and it seems to be heading for a record-high this year....

Laurentiu Ispir · 08.07.2003 · 00:00 · 2 min
ZF English

New home on Primaverii Blvd? Take an old one down first!

The traditional residential areas in Bucharest, such as Aviatorilor, Primaverii, Dorobanti or Floreasca have run out of land, given that they have always been the top choice for those lookin...

Bogdan Neagu · 26.06.2003 · 00:00 · 2 min
ZF English

Finance Ministry to take on arrears and lack of financial discipline

After launching the campaign against corruption, the Government is now preparing to take on the arrears that are plaguing the economy."The time has come to make some crucial decisions in ord...

Razvan Voican · 08.05.2003 · 00:00 · 2 min
ZF English

Guest: Government has to take steps

"Corruption is not a hypothetical problem for Romania, it is as real as it gets (...) I cannot tell how many American companies left Romania because of corruption, but I know how many avoide...

Iulian Anghel · 24.04.2003 · 00:00 · 2 min
ZF English

Supermarkets to take GFS beyond 70m euro

GFS Group last year made 50 million euro (1,620bn ROL) turnover in Romania, up from the 35 million euros the year before. GFS' turnover will reach 70 million euros in 2003, that is 40% more...

Claudia Covaci · 09.04.2003 · 00:00 · 1 min
ZF English

Alro to take over Alprom

Aluminium plant Alro Slatina will become the main shareholder of the other Romanian company operating in this field - Alprom Slatina. The acquisition will simplify the shareholding structure...

Ziarul Financiar · 19.03.2003 · 00:00 · 1 min
ZF English

Second-hand car imports take a dive

Imports of second-hand cars dropped 60% last year, down to 21,000 units, after the introduction of the compulsory Euro 3 pollution norms. "Such a plunge was to be expected, since no more car...

Ziarul Financiar · 17.02.2003 · 00:00 · 1 min