ZF English
NBR becomes arrears watchdog: It has to monitor and audit Finance Ministry plans to reduce debt
The National Bank is required to monitor and audit the application of the Finance Ministry's strategic plans to reduce arrears incurred by the local authorities and by state-controlled compa...
Sandero is more expensive in Romania than in Spain and Italy
Sandero cars are more expensive in Romania than in countries with a four times higher GDP per capita and four times higher wages, such as Spain, Italy and Germany.
Best performing mutual funds after four months
The bet on the shares of the five financial investment companies (SIFs) saw BCR Expert equity fund climb to no.1 among the top-performing mutual funds, with a yield of 16.6% in the first fou...
Mihai Ghyka's plans after Bergenbier: I will not become an entrepreneur this time around, either
Mihai Ghyka, one of the best-known Romanian executives, has resigned as general manager of beer producer Bergenbier after a term of just one year and four months, and has been replaced by Je...
Revenue decline drags BRD's profit down
BRD-SocGen, the second largest bank in Romania by assets, posted 122 million lei (29 million euros) in net profit in the first quarter, down 38% compared with the same time of last year, lar...
Good news for the West: Bin Laden killed, ten years of searching for him are over
The world closes a ten-year circle after the killing of the most sought after terrorist on the planet, Osama Bin Laden, during the night of Sunday to Monday.
SIF Transilvania posts 23.8m-euro profit in Q1
SIF Transilvania (SIF3) reported net income worth 23.8m lei (5.8m euros) for the first quarter of the year, 14% higher than the level budgeted for this period, reads the company's quarterly...
Lafarge Agregate Betoane sees losses widen by 43%
Lafarge Agregate Betoane (AGEM), a company controlled by Lafarge French group, registered revenues worth 126m lei (around 30m euros) last year, down 1% year-on-year, according to audited fin...
Medsana awaits business climate stabilisation to open 30m-euro hospital
Medsana private clinic operator, controlled by Athens Medical Center group of Greece, says it will launch a 30m-euro investment in a private hospital as soon as it "sees the Romanian economi...