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ZF English · Deals

Hungarians at ASA put prefab plant up for sale

Hungarian-based ASA group is in talks to sell its operations in both Hungary and Romania, in a deal worth around 100 million euros, according to market sources. The most advanced negotiation...

Catalin Lupoaie · 22.07.2008 · 19:59 · 2 min
Carrefour speeds up expansion with 7 hypermarkets a year
ZF English · Expansion

Carrefour speeds up expansion with 7 hypermarkets a year

Carrefour is expanding its hypermarket network in Romania by 7 stores a year and expects to reach around 40 stores by 2012, according to a report released by Hyparlo, a division of the Frenc...

Mihaela Popescu · 22.07.2008 · 19:58 · 2 min
ZF English · Fuel

MOL: Fuel sales up 10%, despite higher pump prices

Volumes of petrol and diesel oil sold are up 10% since the beginning of the year against last year, despite the unprecedented rise in pump prices, after oil prices repeatedly hit record high...

Roxana Petrescu · 17.07.2008 · 18:10 · 2 min
ZF English · Automotive

Dacia expects Sandero to take sales up by at least 13%

One month after its launch, Sandero, the latest Dacia model, has become the driving force behind Automobile Dacia's sales growth, which are estimated to go up by more than 13% worldwide this...

Alexandru Anghel · 11.07.2008 · 19:39 · 1 min
ZF English · Banks

Banca Transilvania profit up 40% in H1

Although it revealed a rising profit in the first half, Banca Transilvania could not stop its shares from going down on Tuesday. It posted 111.4m-RON (30.3m-euro) net profit, 40% higher than...

Andrei Chirileasa · 10.07.2008 · 18:35 · 2 min
ZF English

Baxi: turnover up 43% in 6 months

Central heating provider Baxi Romania, the local subsidiary of the British group Baxi, posted a 43% turnover increase in the first six months of the year against the same time last year, to...

Ziarul Financiar · 03.07.2008 · 18:48 · 1 min
ZF English

Meggle gives up partnership with Lactag producer

German group Meggle, one of the leading dairy producers in Europe, will cease to produce fresh dairy products at Lactag's plant in Arges county as of this month, amid strategy changes for th...

Ziarul Financiar · 03.07.2008 · 18:47 · 1 min
Porsche Romania sales up over 7% on a stagnating market
ZF English

Porsche Romania sales up over 7% on a stagnating market

Porsche Romania, the representative of the VW-Audi and Porsche brands and the largest auto importer on the local market, sold almost 28,500 vehicles in the first six months of this year, up...

Ziarul Financiar · 03.07.2008 · 18:47 · 1 min
Business Hi-Tech

Pay Up Rom: 6 mil. euro in plati electronice

Compania de plati electronice Pay Up Rom va investi pana la finele anului 2009 suma de 6 mil. euro in dezvoltarea unei retele de 6.000 de terminale si introducerea de noi servicii de profil,...

Adrian Dumitrache - Mediafax · 02.07.2008 · 18:17 · 2 min