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Life insurers' clients cancelled 95m euros' worth of policies last year

The volume of policies redeemed early dropped by 5% last year after having doubled in 2009 compared with 2007.

Ciprian Botea · 30.03.2011 · 23:26 · 1 min
ZF English

The 200m-euro stadium awaited for 20 years

The stadium called 23 August until 1990, Lia Manoliu until 2007 and Național Arena as of this year, has taken four years to build but has been awaited for 20 years, since Romania started to...

Andreea Neferu · 30.03.2011 · 23:25 · 1 min
ZF English

C&A tightens fashion retail battle by doubling store-opening pace

C&A apparel retailer, one of Europe's biggest players, plans to open nine stores this year in Romania and thus come to a total of 16 stores.

Cristina Roșca · 30.03.2011 · 23:24 · 1 min
ZF English

Car clients still more interested in discounts than price

The first question a client entering a car showroom asks is about what discount he or she can get, though most importers have in recent months been trying to find new ways of attracting buye...

Bogdan Alecu · 30.03.2011 · 23:23 · 1 min
ZF English

Top dividends on the Bourse

Ten companies of the 30 that have so far announced they would disburse dividends out of last year's profit offer yields above the average level of deposit interest rates, currently revolving...

Andrei Chirileasa · 30.03.2011 · 23:22 · 1 min
ZF English

Arsene, Agricover: Should farming land prices rise, investors will move to Ukraine or Moldova

Romanian agriculture will not lose its appeal for foreign investors as long as the price of agricultural land stays low, otherwise investors will shift to other countries in the region

Gabriel Razi · 30.03.2011 · 23:21 · 1 min
ZF English

Generali tries to grow on life and property insurance

Generali, a top ten insurer, has budgeted rising revenues from life, home insurance and travel insurance policies, in parallel with a declining exposure on the car segment for this year.

Ciprian Botea · 30.03.2011 · 23:20 · 1 min
ZF English

BCR posts 13 million euro net profit by Romanian standards in 2010

BCR, the biggest bank on the market posted 55.4 million lei (about 13 million euro) net profit in 2010, down by almost 77% compared with 2009, by Romanian accounting standards (RAS), which r...

Razvan Voican · 30.03.2011 · 23:00 · 1 min
ZF English

Communications, Finance, and Interior Ministries kick-start online payment of taxes by card

Tax payers in Târgu Mureș and in Bucharest's sectors 2 and 6 can pay their taxes and fines online since yesterday through the national system ghișeul.ro (www.ghiseul.ro), which is managed an...

Adrian Seceleanu · 30.03.2011 · 23:00 · 1 min