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ZF English

Lidl looks towards Bucharest for expansion

German discount store chain Lidl, which is getting ready to open its first stores in Romania, is looking at the Bucharest market, where discounters are not that well represented at the momen...

Ziarul Financiar · 31.03.2008 · 19:49 · 1 min
ZF English · Real Estate

Icelandic businessmen buy land for three residential projects in Bucharest

Real estate developer Gigant Construct, held by five Icelandic businessmen, is developing several residential projects in the Eastern part of the Capital, in the Titan district. Gigant Const...

Cristi Moga · 31.03.2008 · 19:48 · 2 min
ZF English · Automotive

How much will Dacia strike impact on Romania's attractiveness for automotive investments?

The third round of talks between the owners of Automobile Dacia and its union, which was held on Friday, has failed, while the general strike, started by the employees on March 24, will now...

Alexandru Anghel · 31.03.2008 · 19:47 · 3 min
ZF English · Advertising

Advertisers plan ahead for major sporting events

This year's European Football Championship is expected to boost investments in advertising for television, written press and the Internet. This week's BUSINESS Magazin reveals the strategies...

Cristina Negraru · 28.03.2008 · 20:19 · 2 min
Construction workers ask for 700-euro wages to come back home
ZF English

Construction workers ask for 700-euro wages to come back home

Romanians employed in the constructions sector in Italy say they would come back home if they were paid 600 to 800 euros per month, three times higher than the official average wage on the R...

Ziarul Financiar · 26.03.2008 · 20:11 · 1 min
Sommering looks abroad for growth
ZF English · Companies

Sommering looks abroad for growth

In the wake of the large number of ongoing real estate projects, the domestic installation systems market reached around one billion euros last year, up approximately 30-40% on the previous...

Liviu Florea · 25.03.2008 · 20:36 · 2 min
ZF English · Hospitality

Warimpex gives up Golden Tulip for Otopeni hotel

Austrian real estate developer Warimpex, which owns the Golden Tulip Sky Gate hotel, has given up the franchise contract with the Golden Tulip chain, and opted for a management contract with...

Roxana Grigorean · 25.03.2008 · 20:35 · 1 min
ZF English

Immoeast pays 200m euros for former Rocar and other plots of land

Austrian investment fund Immoeast has acquired the real estate portfolio of UK-based Longbridge for some 200 million euros. The portfolio comprises several plots of land, such as the site of...

Ziarul Financiar · 24.03.2008 · 19:24 · 1 min
ZF English · Food Market

Organic food accounts for 1% of market

Whereas a few years ago, organic food was a rare occurrence in stores, that is no longer the case. However, the bulk of farms' organic production is exported. Including imports, organic food...

Ileana Ilie · 24.03.2008 · 19:20 · 2 min