ZF English
Fiscal consultants: A stable fiscal system offers incentives to the business world
The Government needs to ensure a stable business environment in Romania in 2011, without frequent and unexpected changes of fiscal rules, as has been the case in the last few years, with sta...
Labour Code prevented from becoming more flexible by unions and employers' associations
The latest debates on the modification of the Labour Code, a bill proposed by the Foreign Investors Council and the Romanian-American Chamber of Commerce, failed again because of trade union...
Thousands of iPads sold in Romania
iPad, the PC tablet launched in April 2010 by American company Apple, last year sold around 8,000-10,000 units in Romania, according to unofficial market estimates. Sales have seen a strong...
Citi speeds up investment pace in Romania
US Citi, with operations in Romania for over 15 years, is stepping up investments to the tune of tens of million euros annually to cement retail operations, launched broadly as late as the a...
Fan Courier changes business strategy to continue to grow
Fan Courier delivery services provider, one of the biggest Romanian-held couriers, owned by Romanian entrepreneurs Felix Pătrașcanu, Adrian and Neculai Mihai, ended last year with turnover w...
Leader of beer market shows signs of stabilising, after 11% decline
Romanian sales of SABMiller, producer of the Ursus and Timișoreana brands, remained steady (in terms of volume) in the October-December period of 2010, compared with the similar period of 20...
Badea, Clifford Chance: The crisis is not over. We need 3-4 positive events to change the perception about Romania
Lawyer Daniel Badea, the managing partner of the Bucharest office of the world's biggest law firm, Clifford Chance, considers Romania needs a successful floatation of Fondul Proprietatea, th...
New hurdles along FP shareholders' path to Stock Exchange
Thousand of people own Fondul Proprietatea shares jointly, being registered at the Central Depository in "joint accounts" which they share with several inheritors of the same former owner. T...
SIF profits down 36% last year
SIFs (Financial Investment Companies) reported cumulated profits of around 390 million RON (91 million euros) at the end of 2010, down 36% on the record results reported in 2009, having no l...