ZF English
eMAG opens service company: First external client is Samsung’s local subsidiary
IT&C retailer eMAG, the biggest on the Romanian market, has turned its service department into an independent company, which it wholly owns, that will provide repair services for products so...
Leonardo resumes expansion two years after becoming insolvent
Leonardo, the biggest retailer of footwear and leather products in Romania, which went insolvent in the second part of 2009, with 100 million euros in debts, is resuming expansion, having op...
Review after two years of “First home” scheme: Has it achieved its purpose?
The scheme started by the Government nearly two years ago in order to revive the construction sector and the economy, has turned into a social one that has supported banks, put an end to the...
Losses of mandatory private pensions managers deepen
Six of the nine mandatory private pension fund managers (2nd pillar) posted cumulated losses of 48.7 million lei (11.6 million euros), 64% higher than in 2009.
Cemacon invests in distribution to double market share
Brick manufacturer Cemacon Zalău (CEON), whose main shareholder is Broker Cluj, plans to increase its sales 2.6 times to 58 million lei, although it expects the market to stagnate.
Orange: At worst we might sell or merge with a rival
Gervais Pellissier, CFO of France Telecom, the owner of Orange Romania, one of the biggest local companies, caused a stir on the entire market on Tuesday by announcing a review of the Romani...
Hundreds of Romanians are shareholders of BMW, Mercedes, Orange, Louis Vuitton without knowing it
Eight out of the nine privately-managed mandatory pension funds (2nd pillar) have for the first time since their launch published a detailed structure of their investments.
How BCR dodged the bullet
December 20th 2005, 19:13. Sebastian Vlădescu, the then finance minister, announces the result of the biggest privatisation in Romanian history: Austrian group Erste bought the biggest local...
Finance Ministry gets 940m euros from banks, pays 4.89% yield
The Finance Ministry yesterday sold euro-denominated bonds with a three-year maturity worth 939.2 million euros, paying an average 4.89%, nearly 0.1% more than in November 2010, when they is...