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BRD boosts team of traders

BRD, the second largest bank on the market, is expanding its trading team to boost operations in this area, also counting on a partnership with the corporate&investment banking unit of its p...

Razvan Voican · 24.01.2011 · 23:22 · 1 min
ZF English

Negrițoiu: Romania of today is the failure of the political generation of the '90s

Former minister and presidential advisor in the early '90s and banker for 14 years, Negrițoiu says his generation is to blame for Romania's recurring slippages.

Razvan Voican · 23.01.2011 · 23:55 · 2 min
ZF English

CNADNR took the "bulk" of state subsidies in 2010: 1.6bn euros

Romania's National Highway and National Roads Company (CNADNR) last year received the highest subsidies from the state, almost 1.6bn euros, being thus the institution that got the largest su...

Iulian Anghel · 23.01.2011 · 23:50 · 1 min
ZF English

17 car brands end 2010 on the rise, signalling market rebound

Car sales recorded an around 19% decline in 2010, according to statistics of the Automotive Manufacturers and Importers Association (APIA), to nearly 120,000 units, with the rate of decline...

Bogdan Alecu · 23.01.2011 · 23:49 · 1 min
ZF English

City Mall has a new manager. In six months it might also have a new owner

City Mall shopping centre, the first Bucharest mall that went bankrupt, has a new manager who took the reins last week, the fourth in five years, after the legal liquidator, Casa de Insolven...

Cristi Moga · 23.01.2011 · 23:48 · 1 min
ZF English

Euromedic sells 8 dialysis clinics to rival Fresenius

Eight dialysis clinics owned by the specialised unit of Euromedic healthcare services group will be taken over by Fresenius Medical Care in Romania, as part of a 485m-euro international deal...

Ioana David · 23.01.2011 · 23:47 · 1 min
ZF English

Generali Asigurări: Average salary in the company is 4,000 RON

The salaries of the 460 employees of Generali Asigurări (Generali Insurance), one of the top 10 companies on the Romanian insurance market, are 6% higher than the market average.

Adelina Mihai · 23.01.2011 · 23:46 · 1 min
ZF English

Bankers' bet for lending growth: one-digit territory

Bankers are unanimously betting lending to the private sector will resume growth in 2011, after two years of declines, though do it slowly, most probably at a one-digit pace. Only small play...

Liviu Chiru · 23.01.2011 · 23:45 · 1 min
ZF English

Perla Covasnei shareholders enter soft drinks market

Violeta and Valerii Moraru, former stakeholders in Bere Azuga producer, currently owning Azuga Waters group, plan to enter the soft drinks market on short term and also start production of m...

Ioana David · 23.01.2011 · 23:45 · 1 min