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BRD-SocGen net profit up in ROL, down in euros

BRD (Romanian Development Bank)-Groupe Societe Generale, Romania's second-largest bank, posted net profit worth 1,773 billion ROL in nine months this year, up 8% in nominal terms since Septe...

Ionela Nuta · 17.11.2003 · 00:00 · 1 min
ZF English

MYO-O seeders up 15% this year

MYO-O Group, the majority shareholder of farming machinery producer Semanatoarea Bucharest, will make more than 15 million euro turnover this year. "Our market has plunged this year because...

Ziarul Financiar · 17.11.2003 · 00:00 · 1 min
ZF English

Government loses inflation fight, prices up 1.5% in October

The consumer price index went up 1.5% in October, mainly due to the 3.9% increase in the price of services, according to the National Statistics Institute (INS). During the same interval, th...

Ziarul Financiar · 13.11.2003 · 00:00 · 1 min
ZF English

Coffee consumption picks up

The packaged coffee consumption is showing signs of rebound, as highlighted in a survey by market researcher GfK Romania. All segments saw growth in the first half, except for the cappuccino...

Ziarul Financiar · 12.11.2003 · 00:00 · 1 min
ZF English

NBR's reserve up to 8 billion euros in October

The over 185 million euros bought from the forex market along with the 135 million euros that came in form of the last two tranches of the stand-by credit from the IMF pushed National Bank o...

Razvan Voican · 06.11.2003 · 00:00 · 2 min
ZF English

MOL, PKN Orlen likely to team up

Talks on the merger between oil groups MOL (Hungary) and PKN Orlen (Poland), two of the candidates left in the race for Petrom privatisation, have reached the authorities. The merger plans f...

Ziarul Financiar · 04.11.2003 · 00:00 · 1 min
ZF English

Evaluations up to international standards

The National Association of Evaluators in Romania (ANEVAR) on Tuesday announced the launch of the International Evaluation Standards, the application of which will become mandatory for the 5...

Ziarul Financiar · 30.10.2003 · 00:00 · 1 min
ZF English

Impact's turnover up, profit stays the same

Impact Bucharest real estate developer posted $13.1 million (432.8bn ROL) turnover for the first nine months of this year, up 40% from the same time in 2002. The profit went down in real ter...

Laurentiu Ispir · 29.10.2003 · 00:00 · 3 min
ZF English

Insurer Sara Merkur up 20%

Insurer Sara Merkur estimates to collect premiums worth 20% more than last year, when it cashed 84.4bn ROL, Sorina Niculescu, deputy general manager of the company said. "In nine months this...

Ziarul Financiar · 29.10.2003 · 00:00 · 1 min