ZF English
Former owners dissatisfied with FP Bourse price ask FP manager to intervene
Former owners say they cannot sell their shares in Fondul Proprietatea on the Bourse as the price is way below the face value at which their compensations were assessed at. They are asking t...
Samsung wants to go from 0 to 7% in laptop sales in Romania
Samsung, a major global producer of electronics, wants to reach a 7% share of the domestic portable computer market (notebooks and netbooks) this year, which will rise by 10%, maintains Seba...
Fund managers bet on services, IT and retail
Services to corporations. This will be the name of the game. This is how Leo Gherghina, partner of Amundi Private Equity (formerly SGAM) answers a question about the sectors targeted by the...
Banks that have not switched to a fixed loan application fee will be fined
Banks which continue to charge a loan application fee calculated as a percentage of the borrowed amount despite being bound by law to charge a fixed fee as early as three weeks back, are lia...
Private lending remained frozen last year. Bankers ask for infrastructure projects
Bankers kept private lending "frozen" last year and, in the absence of funding, the Romanian economy ended up being the only country in negative territory apart from Greece, more than two ye...
One in six cars were sold by a Romanian in 2010
Ion Țiriac, Gheorghe Dolofan and Michael Schmidt, the last Romanians to hold companies with several tens or hundreds of millions of euros in turnover on the Romanian auto market, sold nearly...
Austrian and German companies say they will raise salaries by 8% this year
Over 1,000 German and Austrian-held companies present on the Romanian market said they would increase salaries by an average 7.9% this year, show the results of a survey conducted by Austria...
1.4 billion-RON taxes collected from banks and the NBR, half as much as in 2009
Commercial banks last year paid 276.84 million RON (65.9 million euros) as banking corporate tax, with the amount being around four times lower than that paid in 2009, according to data sent...
Berceni's Monaco: 42 families moved into a 304-apartment project
Several residential complexes in Bucharest continue to have hundreds of apartments available, as a result of projects being completed in full crisis, with only 42 families having moved into...