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TAROM makes more than 10m euros from charter flights

National company TAROM, whose business will reach some 290m euros (450m dollars) is making more than 10m euros from charter flights a year, and has contracts signed with both travel agencies and companies. "The share of charter flights in the turnover stood at...

Ziarul Financiar · 19.08.2008 · 19:19 · 1 min
ZF English

A&D Pharma's net profit plunges by 92% to less than one million euros

A&D Pharma, the biggest player on the pharmaceutical market, posted a 92% decline in net profit in the first six months of this year compared with the corresponding period of 2007, to less t...

Alexandru Anghel · 30.07.2008 · 18:48 · 2 min
How Tnuva became a top yoghurt producer in less than a year
ZF English

How Tnuva became a top yoghurt producer in less than a year

The company has reached over 70% awareness among consumers and, although it does not disclose any figures regarding sales volume or value, data from market research agencies show Tnuva has a...

Diana Tudor Stoica · 25.07.2008 · 19:36 · 2 min
ZF English

Romanian business owners pay their executives better than multinationals

The major Romanian companies pay up to 20-30% more to attract skilled people from multinationals, who have experience at large companies with a global presence, but also to offset the risks...

Alina Pahoncia · 22.07.2008 · 19:56 · 2 min
ZF English · HR

Stanton Chase: A CFO won't go for less than 3,000 euros

"A CFO (chief financial officer i.e.) won't sit down and talk if offered less than 3,000 euros in net amount per month," says Mihaela Damian, managing partner of executive search company Sta...

Alina Pahoncia · 21.07.2008 · 18:19 · 2 min
ZF English

Euro 2008 boosts Carlsberg's sales, but less than expected

Carlsberg beer brand, produced and bottled on the local market by United Romanian Breweries Bereprod (URBB) under licence, posted a 15% sales increase during the European Football Championsh...

Ziarul Financiar · 08.07.2008 · 20:21 · 1 min
ZF English

Developers deliver fewer flats than promised for H1

Approximately 1,200 new flats that had been scheduled for delivery in the first half of this year have been delayed, as the construction market is experiencing a serious personnel shortage,...

Cristi Moga · 08.07.2008 · 20:17 · 3 min
Petrom is worth more than OMV
ZF English

Petrom is worth more than OMV

Petrom's main assets, i.e. crude oil reserves, two refineries - Petrobrazi and Arpechim, and petrol station network are currently worth over 35 billion dollars (21.8 billion euros), two and...

Ziarul Financiar · 02.07.2008 · 18:14 · 1 min
ZF English · Hotels

Hotels in Bucharest more expensive than in Berlin

Hotels in Bucharest are around 40% more expensive than in Berlin, and 50% more expensive than in Ankara, with prices being, however, lower than in Moscow, Zurich and London, according to a D...

Roxana Grigorean · 30.06.2008 · 19:23 · 2 min