ZF English
Rise in food prices takes inflation to new high: 8.34%
The rise in food prices underestimated by analysts again, and compounded by the increase in electricity price took annual inflation to 8.34% at the end of April, after a 0.66% monthly increa...
Adrem Invest makes 60m-euro investment in Suceava thermal power plant
Adrem Invest, a family business started in the early '90s by two brothers in Bucharest, will complete a 60m-euro station in Suceava in 2014, the first electrical and thermal power generation...
Most expensive housing project: no website, no sales team and 400 empty apartments
Bucharest's Asmita Gardens, the housing project entailing the largest private investment, around 120m euros for the building of seven blocks of almost 800 apartments, has been struggling in...
First Home 4 start delayed: Govt. has yet to publish framework agreement
The "First Home" scheme is officially frozen, as banks have exhausted the 200m-euro sum earmarked at the start of the year and the fourth stage cannot start since the protocol of co-operatio...
Romania still core of cancer drug business for Actavis
Claudio Albrecht, CEO of Actavis drug maker, with 1.7bn-euro turnover in 2010, which owns Sindan plant in Romania, says a Swiss or an Austrian would not have the same results as the Romanian...
IMF sees Government organising tenders "on TV" to recruit private managers
The Government is set to conduct transparent international tenders based on the "TV model" to select consultancies that will handle the recruitment of independent professional managers for a...
How OMV could affect the state's plans for the Petrom offering
Austrian group OMV, majority shareholder of Petrom, (SNP), could need a capital increase this year to refinance some of the loans taken out to make acquisitions in Turkey (Petrol Ofisi) and...
Iulian Dascălu signs with C&A, now has contracts with all of fashion's 'big four'
Businessman Iulian Dascălu, 41, owner of shopping centre chain Iulius Mall, is the first Romanian to have brought into his malls the biggest fashion players - Inditex, H&M, New Yorker and C&...
Marinescu, ANCOM: Delay in the transition to digital television not a hindrance to 4G telephony
The legal framework for Romania's transition to digital television will not be adopted sooner than in two months' time, says Marius Fecioru, secretary of state in the Communications Ministry...