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Zentiva to disburse record dividends of 30m euros

Drug producer Zentiva București (SCD) will pay out dividends worth a total of 125 million lei (nearly 30 million euros) from the profits of the last few years, the first amounts that the com...

Andrei Chirileasa · 20.03.2011 · 23:54 · 1 min
ZF English

Rompetrol CFO: No more negative news. We'll break even in 2012, as previously announced

Almost four years after the bravest step KazMunaiGaz state-owned company has made on the European market, acquiring Rompetrol group for a hefty sum from businessman Dinu Patriciu, the Kazakh...

Roxana Petrescu · 20.03.2011 · 23:51 · 1 min
ZF English

Tax authorities given green light to check people with high, undeclared incomes

The norms regarding the checking up of people with high incomes have been approved by the Government approximately three months after the passing of the decision in line with which individua...

Claudia Medrega · 20.03.2011 · 23:50 · 1 min
ZF English

BCR trying to sell hotel in Herculane for 2m euros

BCR, the biggest bank on the Romanian market by assets, is hoping to collect over 6.5 million euros from selling a hotel, two mini hotels and several guesthouses foreclosed on account of def...

Ciprian Botea · 20.03.2011 · 23:49 · 1 min
ZF English

B-Max effect: Over 20 suppliers settle in Oltenia, investments exceed 200m euros

Of the more than 20 suppliers that followed the Americans at Ford to Oltenia (Southern Romania), nearly half will settle directly on the industrial platform of Ford Craiova, while others hav...

Bogdan Alecu · 20.03.2011 · 23:48 · 1 min
ZF English

"Liquid gold": Romania exports half its honey production

Romania's honey production is double the level of ten years ago, but most of it reaches the shelves of stores in Western Europe, so that Germans, Britons, Italians and Americans bought Roman...

Gabriel Razi · 20.03.2011 · 23:47 · 1 min
ZF English

Nelu Iordache reorganises Direct Aero Services

Direct Aero Services, the air taxi and travel services provider controlled by businessman Nelu Iordache, transferred the catering unit that helped it reach 127m-euro turnover in 2009 to anot...

Mirabela Tiron · 20.03.2011 · 23:46 · 1 min
ZF English

Electricity deregulation fails, 100 consumers switch gas supplier

Almost four years after the July 2007 moment, when at least theoretically the electricity and natural gas markets were liberalised, with consumers thus having the right of choosing their own...

Roxana Petrescu · 20.03.2011 · 23:45 · 1 min
ZF English

Sephora perfume stores headed toward 100m lei sales

Sephora Marinopoulos, the Greek and French-held company that owns and operates Sephora multi-brand cosmetics store chain, is likely to go beyond the 100m lei (24m euros) threshold in terms o...

Cristina Roșca · 20.03.2011 · 23:43 · 1 min