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NBR rejects two CEC vice-president nominations made by ruling PD-L party

The Finance Ministry controlled by PD-L (Democratic Liberal Party) has brought CEC into the undesirable situation of the NBR rejecting two managers nominated by the shareholder.

Razvan Voican · 09.05.2011 · 23:40 · 2 min
ZF English

Vodafone: Smartphones have reached 25% of all mobile phone sales

Sales of smartphones, mobile phones that allow users to surf the net, send emails, run games and listen to music, have surged, currently making up a quarter of Vodafone’s mobile phone sale...

Adrian Seceleanu · 09.05.2011 · 23:39 · 1 min
ZF English

IMF: We have clear signs growth is resuming. Consumption will rise as well

The IMF says the probability of recession returning to Romania this year is very low and expects economic results will confirm the return of growth

Claudia Medrega · 09.05.2011 · 23:38 · 1 min
ZF English

Lending revival: BCR collects 75,000 consumer loan applications in 6 weeks

BCR, the biggest bank on the Romanian market, has seen daily applications for consumer loans double in the six weeks since launching a campaign to promote leu-denominated funding with a fixe...

Razvan Voican · 09.05.2011 · 23:37 · 1 min
ZF English

Who is the best-paid fund manager in Romania?

A fund manager was in 2010 the best-paid employee in Bucharest, with a net income of 145,000 lei/month, reveal statistics of the biggest salary incomes in Bucharest recently released by ANAF...

Roxana Pricop · 09.05.2011 · 23:36 · 1 min
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Romgaz makes around 50% higher profit amid lower sales

Romgaz Mediaș, the only natural gas producer controlled by the Romanian state, posted an over 70 million-euro net profit in the first three months of the year, a significant rise against the...

Roxana Petrescu · 09.05.2011 · 23:35 · 1 min
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King of Old Centre challenged: La Mama and Dristor shawarma outlets compete with Petrescu

Bucharest’s Old Centre, the most vibrant area on the restaurant market, concentrating over 100 coffee shops, bars, pubs and restaurants, gained two new important players, La Mama restauran...

Cristina Roșca · 09.05.2011 · 23:34 · 1 min
ZF English

Mitsubishi: couriers and energy firms, interested in electrical cars

Electrical car demand domestically is double the most “positive” initial estimates, with companies wanting both to improve their image and slash fuel costs.

Bogdan Alecu · 09.05.2011 · 23:33 · 1 min
ZF English

Floorboard producers, set to resume investments

Floorboard market players are hoping for a two-digit increase for the sector this year amid signs the constructions market will improve. Egger, Kronospan and Barlinek are among the biggest p...

Ioana David · 09.05.2011 · 23:31 · 1 min