ZF English
1st of May at the seaside: Romanians queued up to enter clubs and "fought" over four and five-star hotel rooms
The start of the summer season signalled to seaside hotel and club or restaurant owners the summer of 2011 will be better than last year's, as the owners posted revenues put at several milli...
Dedeman could buy land of former Albalact plant
Dairy producer Albalact in Alba-Iulia, controlled by the Ciurtin family, is in negotiations with the Pavăl brothers, shareholders of Dedeman, leader of the Romanian DIY market, for the sale...
JW Marriott head: The predictability degree is higher, but to do business you must fight every day
Igael Porecki, general manager of JW Marriott, Bucharest's largest five-star hotel unit, is upbeat and he can see signs of the hotel market rebounding in the first quarter, when the hotel op...
Average duration of mobile phone calls triples, fixed telephony loses ground
In around six years, the average duration of calls made from a fixed telephony line monthly shrank by around 1 hour, while time spent talking on the mobile phone registered a spectacular inc...
Hungary's OTP, in talks with RBS to take over domestic subsidiary
OTP Bank, the biggest Hungarian financial group, is in talks with the Royal Bank of Scotland, a financial group nationalised by the British government after the massive losses it logged in 2...
First signs of rebound: Banca Transilvania doubles quarterly profit
Banca Transilvania (TLV) derived net income worth 31.7m lei in the first quarter, almost double last year's first quarter level.
Pizza Hut, Crowne Plaza and Ikea buy meat and meat products from Angst
Angst, one of the biggest cold cuts producers with 48 million euros in turnover last year, delivers meat and meat products worth around 5 million euros to Howard Johnson, Crowne Plaza, Conti...
Samsung: Home appliances market will grow in 2012
Lucian Ghițescu, manager of the Home Appliance division of Samsung Electronics, says the home appliances market will be stable in 2011, with growth expected only in 2012, although the worst...
Getting salaries in a bank account may bring cheaper loans
Bankers charge lower interest rates for loans applied for by clients receiving their salaries in a current account, saying that by controlling their monthly incomes they can curb the non-rep...