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ZF English

Real: Bucharest still has room for twice as many hypermarkets

Tjeerd Jegen, managing director of Real Hypermarket Romania, a division of Metro Group, believes Bucharest's retail market still has room for at least 22-23 hypermarkets, i.e. double the cur...

Ziarul Financiar · 30.01.2008 · 18:20 · 1 min
ZF English

Bucharest has higher rents than Warsaw

An expat pays around 4,200 dollars a month (3,000 euros) for an apartment in Bucharest, the same cost as Prague, but a few hundred dollars more than in Warsaw, shows a study conducted by hum...

Ziarul Financiar · 11.12.2007 · 20:35 · 1 min
ZF English

Solomon, Vodafone CEO: Number of stores has tripled in one year

Vodafone Romania, the second-largest mobile telephony operator on the domestic market, is expected to total 150 stores by the end of this month, after it acquired dealer Petrocom and also in...

Adrian Seceleanu · 19.11.2007 · 18:06 · 2 min
ZF English · Budget

Government still has unspent money after 9 months

The public budget has posted a 220 million-euro surplus (0.19% of the GDP) nine months into the year, according to data published yesterday by the Ministry of Economy and Finance. Total reve...

Mihai Bobocea · 31.10.2007 · 20:14 · 2 min
ZF English

Montero has two expansion options: acquisition or merger

Drug distributor Montero, one of the top ten players on the drug distribution market, is considering taking out a 20 million-euro loan in order to finance the acquisition of a rival company....

Ziarul Financiar · 11.10.2007 · 21:15 · 1 min
ZF English

ING has 333,000 signatures for mandatory pensions

ING Fond de Pensii (ING Pension Fund) has secured over 333,000 signatures for mandatory private pension contracts (the 2nd pillar) in the first two weeks since the launch of the system, comp...

Ziarul Financiar · 03.10.2007 · 19:56 · 1 min
ZF English

S&P: Since EU accession Romania has added fuel to fiscal fire

The high level of public spending, the halt in structural reforms and the possibility of early elections being held are all risks for Romania, which, after entering the EU "has added fuel to...

Oana Dinu · 26.09.2007 · 19:17 · 2 min
ZF English · Real Estate

British fund EEPF has 20m euros for three acquisitions

Real estate investment fund Eastern European Property Fund (EEPF), listed on the AIM market of the London Stock Exchange, intends to acquire three real estate properties in the Capital by th...

Cristi Moga · 24.08.2007 · 18:41 · 2 min
Europa Capital has over 300m euros for real estate projects
ZF English · Real Estate

Europa Capital has over 300m euros for real estate projects

Investment management company Europa Capital, which has assets worth almost four billion euros in its portfolio, is set to become involved in real estate projects worth over 300 million euro...

Cristi Moga · 22.08.2007 · 18:18 · 2 min