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ZF English

Transgaz distributes record 81.6m euros in dividends

The state will collect 60 million euros in dividends from one of the most profitable companies in its portfolio, Transgaz, while Fondul Proprietatea (Property Fund) will receive around 12.2...

Andrei Chirileasa · 22.03.2011 · 23:50 · 1 min
ZF English

BauMax targets 200m-euro sales after catching up with Bricostore

The Austrians at BauMax, which yesterday opened their 14th store on the Romanian market, have come to compete with Bricostore for the third position on the DIY market after five years, with...

Cristi Moga · 22.03.2011 · 23:47 · 1 min
ZF English

Crisis erases 30% of METRO's sales per square metre

The METRO group, the leading player in Romanian trade, ended last year with 1.837 billion euros in sales, down 3.5% against the previous year.

Cristina Roșca · 22.03.2011 · 23:46 · 1 min
ZF English

Prefab set to invest 15.6m euros this year

Prefab București (PREH) building materials producer, owned by businessman Marian Petre Miluț, has an investment budget of 65.4m lei (around 15.6m euros at the current exchange rate) for this...

Adrian Cojocar · 22.03.2011 · 23:45 · 1 min
ZF English

Risk attached to First Home loans to be shared between banks and state

The new version of the "First Home" scheme discussed by the members of the Government with bankers intends for the lending risk to be equally shared by the state and banks, without altering...

Claudia Medrega · 22.03.2011 · 23:44 · 1 min
ZF English

FP spices up portfolio with Austrian banks

Fondul Proprietatea, one of the most valuable companies in the economy, with 3.82bn-euro assets, made its first investments in its five years in business buying shares worth 265m lei (63m eu...

Roxana Pricop · 22.03.2011 · 23:43 · 1 min
ZF English

Brewers made 2,000 employees redundant in just one year

Beer industry companies grouped under Romania's Brewers Association have only 10 breweries left on the Romanian market at present, three less than in 2009, which employ around 4,100 people f...

Ioana David · 22.03.2011 · 23:42 · 1 min
ZF English

Dumagas buys 100 trucks in three months

Dumagas Transport, one of the biggest road transporters domestically, in the first three months of this year acquired 100 new trucks, totally worth over 7m euros, according to ZF calculation...

Bogdan Alecu · 22.03.2011 · 23:41 · 1 min
ZF English

Cristim group plans to sell organic milk in two years' time

The Cristim group, with 120 million euros in turnover in the charcuterie industry, controlled by Radu and Cristina Timiș, has set out to sell only organic products through the dairy division...

Gabriel Razi · 22.03.2011 · 23:40 · 1 min