ZF English
Coca Cola HBC head: I did not foresee the crisis, but I expected the downturn
Călin Drăgan, 44, general manager of Coca Cola HBC Romania and Moldova (the bottler of drinks part of Coca Cola portfolio), says that while he did not foresee the financial crisis, he antici...
Office furniture shrinks to 30% of 2008 peak year
From among furniture market segments, the office one has caused companies the biggest headaches in recent years, with the industry gradually declining and reaching just 30% of the level of p...
Four executive changes on pharmaceutical market. Are others set to follow?
Four companies in the drug industry, GlaxoSmithKline (GSK), Eli Lilly, Farmexpert and MSD, have changed their management this year, which could amount to the start of a new wave of departure...
Bankers reluctant to lower profit margins
Bankers’ messages of intensifying their battle to attract clients are still very little reflected in interest margins - the spreads between interests charged by banks on loans and those pa...
The Greek and the Dutch removed 3bn euros from Romania last year
The exposures of Greek and Dutch banks to Romania fell by nearly three billion euros last year compared with 2009, according to data published by the Bank of International Settlements (BIS),...
Romanian business starts to attack foreign markets
The recently announced entry of Romanian businessman Gabriel Comănescu onto the Mexican market with two oil platforms shows that Romanian businesspeople are starting to be increasingly inter...
Romania will spend only 38% of the 20bn-euro structural funds at the current rate
At the current pace of attracting European money, Romania will attract only 38% of the 20 billion euros in structural funds available to it between 2007 and 2013, shows an analysis conducted...
The problem with inflation is that Romanians spend the most on food
The excessive share of food in the consumer basket, which upset the National Bank’s inflation forecast, is a problem that has been discussed by the National Statistics Institute (INS), but...
Oltchim, the most coveted state-controlled company, returns to pre-crisis turnover
Chemical plant Oltchim Râmnicu-Vâlcea (OLT), run for over 20 years by Constantin Roibu, has in the first quarter of this year reached turnover of 464.7 million lei (110 million euros), 93% m...