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Basarab overpass builder looks to other projects

The domestic subsidiary of Spain's FCC Construccion constructions group, with turnover of around 110m euros last year, wants to expand its operations, adding railway or airport infrastructur...

Andreea Neferu · 27.01.2011 · 00:06 · 1 min
ZF English

VIG business down 12.8% to 536m euros last year

Austrian insurer Vienna Insurance Group (VIG), which controls Omniasig, Asirom, BCR Asigurări and BCR Asigurări de Viață on the Romanian market, underwrote gross premiums of 536 million euro...

Ciprian Botea · 27.01.2011 · 00:05 · 1 min
ZF English

An over 2bn-euro fortune valued at 530m euros on the Bourse

Fondul Proprietatea's stakes in unlisted companies, the state's "crown jewels", are valued on the Bourse at less than 25% of the value they were registered at in the Fund's net asset in late...

Andrei Chirileasa · 27.01.2011 · 00:04 · 1 min
ZF English

Vestas: Romania is the country with the biggest growth potential in Eastern Europe

Denmark's Vestas, the world's leader in the field of wind farm technology, with turnover worth above 6bn euros in 2009, decided to open an office in Romania this year considering the company...

Roxana Petrescu · 27.01.2011 · 00:03 · 1 min
ZF English

Acer expects 30% turnover growth in 2011

Acer Romania, the domestic subsidiary of Taiwan's IT&C equipment producer, expects turnover to rise by at least 30% this year. In 2010, the company led in the ranking of PC vendors domestica...

Magraon Andreea · 27.01.2011 · 00:02 · 1 min
ZF English

P&G boosts Internet and social network promotion budget

Procter&Gamble, a major advertising investor in Romania and leader of the non-food consumer goods market, is set to boost its budgets for promotion on the Internet and social networks (Faceb...

Cristina Roșca · 27.01.2011 · 00:01 · 1 min
ZF English

Listing of Fondul Proprietatea: ecstasy for the Stock Exchange, prolonged agony for former owners

The listing of Fondul Proprietatea (Property Fund) injected adrenaline into the weak heart of the Bucharest Stock Exchange, encouraging investors to daydream. Yet former owners have to wait...

Roxana Pricop · 26.01.2011 · 00:10 · 2 min
ZF English

Valeriu Tabără: Foreigners will not have restriction-free access to Romanian farmland during my term

Agriculture Minister Valeriu Tabără said yesterday that as long as he was in office, foreigners would not be allowed to buy farming land in Romania without restrictions.

Gabriel Razi · 26.01.2011 · 00:09 · 1 min
ZF English

Romania's big problem: Not weighing whether it pays to benefit some and see the system collapse

A society which, during 40 years of communism, learnt to expect handouts from the state, is difficult to reform. But even so, Romania's big problem is that, apart from what can appear legiti...

Iulian Anghel · 26.01.2011 · 00:08 · 1 min