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ZF English

Popa, BRD: Romanians don't know how to live from one debt to another

Mortgage credits taken for more than 30 years give the customer the wrong impression of having gained something, when actually a longer-term financing actually means the initial loan will do...

Razvan Voican · 23.07.2007 · 17:55 · 3 min
ZF English

Austrian furniture retailer KIKA hires up to 300 people

Furniture and interior decorations retailer KIKA will hire 200 to 300 people before the opening of its first store on the domestic market. At present, KIKA only has three employees in Romani...

Ziarul Financiar · 20.07.2007 · 20:15 · 1 min
3i investment fund to invest 150m euros in Romania
ZF English

3i investment fund to invest 150m euros in Romania

Private equity and venture capital company 3TS Capital Partners, one of the largest companies in its field in Central and Eastern Europe, which manages the regional funds of the investment f...

Ziarul Financiar · 20.07.2007 · 20:14 · 1 min
BRD to exceed 700 branches by the end of 2007
ZF English · Banks

BRD to exceed 700 branches by the end of 2007

BRD-SocGen is continuing its branch expansion campaign in 2007, as well, planning to exceed 700 branches by the end of the year, although it has slowed down the rate of opening new agencies,...

Razvan Voican · 20.07.2007 · 20:13 · 2 min
ZF English

SIFs' wealth on the BSE amounts to 3.1 billion euros

The updated value of the listed stock portfolios of the five financial investment companies (SIF) amounts to 3.1 billion euros, accounting for about 9 percent of the total capitalisation of...

Andrei Chirileasa · 20.07.2007 · 20:11 · 2 min
ZF English

La Fantana examines 5 regional markets for companies to buy

La Fantana, the biggest bottler of water for water coolers, intends to acquire a European company by the end of this year, with the bottler's target markets including Hungary, the Czech Repu...

Ziarul Financiar · 19.07.2007 · 19:59 · 1 min
ZF English · Automotive

Craiova to become Romania's second automotive centre

The acquisition by Ford of the former Daewoo plant in Craiova, will mark the direct entry of a second major carmaker onto the Romanian market, after Renault acquired the Dacia plant in Pites...

Bogdan Alecu · 19.07.2007 · 19:57 · 3 min
ZF English

Portuguese at Coindu aim to double business by 2010

Portuguese company Coindu, a manufacturer of car covers, which owns a plant in the Curtici-Arad free trade area, estimates to double its turnover within the next three years, from 7.5 millio...

Ziarul Financiar · 18.07.2007 · 19:37 · 1 min
ZF English

French-based Acvatot seeks to acquire domestic construction company

Construction company Acvatot, the domestic division of the French company Setha, a part of the Veolia group, intends to expand next year by acquiring a Bucharest-based construction firm, wit...

Ziarul Financiar · 18.07.2007 · 19:37 · 1 min