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FP dividends to be set on April 29

Fondul Proprietatea (Property Fund-FP) shareholders are due to approve on April 29 the distribution of 2010 profit in the form of dividends during the general meeting of shareholders.

Roxana Pricop · 30.01.2011 · 23:47 · 1 min
ZF English

Hochland: Lack of cash still the main recession-linked problem for many Romanian companies

Hochland Romania, the biggest dairy producer domestically, believes falling consumption will further impact the domestic market in the coming months, with upbeat estimates pointing only to s...

Ioana David · 30.01.2011 · 23:46 · 1 min
ZF English

How much brokers, Bourse and CNVM gained in four days since FP listing

The floatation of Fondul Proprietatea on the Bourse, on January 25, managed to give the market a boost and bring significant gains to all participants, from brokerages, to the BSE and CNVM....

Andrei Chirileasa · 30.01.2011 · 23:45 · 1 min
ZF English

Oasis has 80m-euro budget for shopping centres in Oradea and another five cities

Businessmen Klaus Reisenauer and Kurt Wagner, shareholders of real estate developer Oasis Development, have an investment budget of around 80m euros for this year to build a mall in Oradea a...

Cristi Moga · 30.01.2011 · 23:44 · 1 min
ZF English

Șucu and Cataramă on furniture market: slow start of the year

2011 started off on the wrong foot for Mobexpert and Elvila, the strongest Romanian retailers in the furniture industry, with January failing to bring the hoped-for sales.

Ioana David · 30.01.2011 · 23:43 · 1 min
ZF English

First Home to restart after guarantees distributed to banks

Banks are again accepting applications for mortgages through the "First Home" scheme after the SME Loan Guarantee Fund (FNGCIMM), managing the state guarantees within the scheme, has distrib...

Ciprian Botea · 30.01.2011 · 23:41 · 1 min
ZF English

200 Romanians develop software in Bucharest for chips used in BMW and Renault cars

US Freescale company, one of the world's biggest chip producers, in ten years has expanded its software engineer team of Romania from five to around 200 people, and it is likely to boost it...

Adrian Seceleanu · 30.01.2011 · 23:40 · 1 min
ZF English

How much does luxury health insurance cost?

Those who want to have the comfort of knowing the health insurance covers annual investigations or even treatment in foreign clinics, must take out at least several hundred euros annually of...

Ciprian Botea · 30.01.2011 · 23:33 · 1 min
ZF English

The "1% ministers". This is how much of EU funds transport ministers managed to spend

Summing up how things stand with European funds attracted until December 2010, the result is disastrous: only 47 million euros paid from EU funds of the 4.5 billion euros available. At this...

Radu Racu · 28.01.2011 · 00:14 · 1 min