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ZF English · Companies

Nitescu to put up for sale Ultex Tandarei

Businessman Vasile Nitescu, the owner of Ultex Tandarei, one of the leading vegetable oil producers on the domestic market, has decided to sell the business, a sale that will also include hi...

Diana Tudor Stoica · 06.07.2007 · 19:16 · 2 min
ZF English · Banks

Banks driven up by foreign investors on BSE in H1

The BRD and Banca Transilvania (TLV), the two biggest banks listed on the Bucharest Stock Exchange, confirmed their "star" status in the first half of this year, bringing investors returns a...

Rares Jitianu · 05.07.2007 · 20:07 · 2 min
ZF English

Slaughterhouse sitting on 100m euros land put up for sale for 600,000 euros

Prelucrarea Carnii Splai, the former slaughterhouse in Bucharest's sector 4 located on an area of land worth around 100 million euros, will be put up for sale by the State Assets Resolution...

Catalin Lupoaie · 05.07.2007 · 20:04 · 3 min
ZF English

Price per square metre in Bucharest up about 27% in the first half

The price per square metre in the Capital has risen by 27% in the first half of the year, reaching 1,564 euros, according to research by ZIARUL FINANCIAR, based on the ads published in the b...

Roxana Grigorean · 04.07.2007 · 18:14 · 3 min
ZF English

SIF Muntenia assets up 11.2% in May

SIF Muntenia (Financial Investment Company Muntenia) saw the highest increase in assets out of the five financial investment companies on the market, with its net assets going up by 11.27%,...

Ziarul Financiar · 21.06.2007 · 18:07 · 1 min
ZF English

40% of Arcom's shares up for sale

Arcom Bucuresti, one of the biggest Romanian construction companies, has put up for sale around 40% of its shares, which are held primarily by current and former employees. Arcom is under ne...

Ziarul Financiar · 21.06.2007 · 18:06 · 1 min
ZF English · Banks

NBR: Banks can easily take up to 19% RON decline

The National Bank has come to the conclusion that a 19% exchange rate increase would not have significant effects over banks' balance sheets or gains, given that they have low foreign curren...

Liviu Chiru · 19.06.2007 · 18:52 · 3 min
ZF English · Leasing

Real estate leasing up to 8.2% in Romstal's portfolio

Romstal Leasing, the company acquired by Belgium's KBC financial group last year, financed goods worth 45.8m euros in the first four months of 2007, up 49.3% on the same period last year. "T...

Lavinia Marin · 12.06.2007 · 18:39 · 2 min
ZF English

320% public rent hike drives inflation up in May

Public housing rent increased by 320% in May, as a result of a government decision, whilst contributing to around two thirds of this month's inflationary rate, according to data published ye...

Mihai Bobocea · 12.06.2007 · 18:38 · 2 min