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ZF English

Credit Bureau: Banks and NBFIs lend 26bn euros to 4 million clients

Around 4 million Romanians had loans from banks and non-bank financial institutions (NBFIs) in May, according to data from the Credit Bureau. In all, credits granted by banks and by the top...

Ziarul Financiar · 23.06.2008 · 19:23 · 1 min
ZF English · Travel

Cost of holidays up almost 20% due to higher oil prices

Oil prices of 140 dollars per barrel are leaving their mark on the prices Romanians pay for holidays. Travel agencies say summer holidays spent abroad are this year 12-20% more expensive on...

Roxana Petrescu · 23.06.2008 · 19:22 · 2 min
ZF English

Advent brings former Terapia team to LaborMed

Stephen Stead, the British manager that Advent International investment fund appointed at the helm of drug producer LaborMed Pharma, has recruited Lucian Codreanu (as Commercial Manager), Mi...

Ziarul Financiar · 20.06.2008 · 20:37 · 1 min
ZF English

Oasis brings Kaufland and Obi to retail parks

Oasis Retail Development & Consulting, which has announced plans to develop a ten shopping-centre network on the local market, has chosen the anchor tenants for the retail parks in Botosani,...

Ziarul Financiar · 20.06.2008 · 20:36 · 1 min
ZF English · Automotive

How Gavra came to head Tiriac's 500m-euro group

Catalin Gavra, currently in charge of Ford's imports in Romania, will take over the management of all car dealers controlled by Ion Tiriac as of July. What is his strategy for increasing the...

Ziarul Financiar · 20.06.2008 · 20:35 · 2 min
ZF English · Investments

Why Romania lost Mercedes investment to Hungary

Romania has failed to attract an investment from the Daimler automotive group in the construction of an 800m-euro plant, after the German company decided, in the wake of several months of re...

Razvan Voican · 20.06.2008 · 20:34 · 2 min
Michael Dobbs: One Minute to Midnight
Ziarul de Duminică · CARTEA IN LUME

Michael Dobbs: One Minute to Midnight

Kennedy, Khrushchev, and Castro on the Brink of Nuclear War Knopf, 2008 "Daca in primul act ai un pistol pe perete, in ultimul act pistolul acela trebuie sa traga", afirma A.P. Cehov. Din fe...

Alexandru Purcarus · 20.06.2008 · 18:23 · 2 min
ZF English

Ave Impex invests 6m euros in plant to manufacture ready meals

Ave Impex, based in Satu Mare, one of the main local poultry producers, intends to invest 6 million euros over the next two years in building a factory to produce ready meals. "We already ha...

Ziarul Financiar · 19.06.2008 · 19:46 · 1 min
ZF English · Automotive

AAA Auto could exit the market due to poor sales

Four years after it entered the domestic market, Czech used car dealer AAA Auto is considering exiting the market. The company achieved only one third of the 7,000-unit sales targeted for 20...

Alexandru Anghel · 19.06.2008 · 19:44 · 2 min