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Application processing fees down to half as a result of law on individuals' loans

Bankers have lowered loan application processing fees for individual customers to less than 400 euros as part of the new stipulations, which require them to levy a fixed fee, instead of the...

Ciprian Botea · 26.01.2011 · 00:07 · 1 min
ZF English

Tudor: Most important accomplishment - boosting IBM investments in Romania, despite recession

Over the last five years, the share of equipment sales fell significantly in IBM's turnover, while software and services boomed. The company boosted its number of clients on the SME segment...

Adrian Seceleanu · 26.01.2011 · 00:06 · 1 min
ZF English

Enel and Mittal, the only foreign companies left in the Cernavodă reactors project

Enel (Italy) and Arcelor Mittal Romania are the only remaining foreign partners of the Romanian state in the 4 billion-euro project of reactors 3 and 4 in Cernavodă, after in less than a yea...

Roxana Petrescu · 26.01.2011 · 00:05 · 1 min
ZF English

New Kandia boss seeks to expand market share beyond 20% and boost turnover

Mihuț Crăciun, the new head of Kandia chocolate producer, one of the best-known domestic brands, has two clear objectives at the start of his term: expanding the market share from the curren...

Roxana Petrescu · 26.01.2011 · 00:04 · 1 min
ZF English

Mobius' next target: bring FP Bourse price to the same level as the asset value

Stock repurchase and persuading the Romanian state to privatise energy companies make the "ace" up the sleeve of Franklin Templeton manager to boost the price of FP shares on the Bourse, so...

Roxana Pricop · 26.01.2011 · 00:03 · 1 min
ZF English

Elimination of 'cent per litre' brings this year's first fuel price cut

The biggest players on the Romanian oil market, Petrom and Rompetrol, announced the first price cuts this year, of around 4 bani (1 RON - 100 bani) per litre. The move did not come amid prot...

Roxana Petrescu · 26.01.2011 · 00:02 · 1 min
ZF English

Private healthcare frenzy: companies eye increases even as high as 50%

The ten largest healthcare players are all expecting growth this year, with increases likely to go as high as 40-50% in some cases, reveals a ZF survey based on company data.

Ioana David · 26.01.2011 · 00:01 · 1 min
ZF English

40% of Romanians aged between 45 and 65 are unemployed

The issue of special pensions, intensely debated in the past few days, brings into the spotlight a dramatic fact for a country like Romania: a quarter of Romanians aged between 45 and 65 are...

Iulian Anghel · 24.01.2011 · 23:36 · 1 min
ZF English

Does the Government have to sell state-owned companies to repay IMF loan?

Next year will see the nearly 20 billion-euro record loan taken out by Romania from foreign financers mature, and the National Bank and the Finance Ministry are set to start repaying loan in...

Claudia Medrega · 24.01.2011 · 23:35 · 2 min