ZF English
Offers of EUR2bn, promised to the Bourse in the next two years. How many will materialize?
Under IMF pressure, the Economy Ministry is making further promises and says it is going to float stakes of 15% in Hidroelectrica and Nuclearelectrica each next year. However, the experience...
Romanians pay a month's wage on a refrigerator
In the last two years, Romania has been through troubled times, with declines of hundreds of thousands of euros. The purchasing power collapse changed many consumer options, considering that...
Bank restructuring slows down
Expecting the economy to recover, bankers have slowed down even more the restructuring of their territorial networks and number of employees, while the salary average reported by the central...
Interex due to arrive in Bucharest
Interex, the only retailer that is not present in Bucharest, plans to tap into the capital city, the most crowded domestic market, concentrating around a quarter of the total number of store...
Saint-Gobain wants to put Călărași glass on Dubai and Tokyo skyscrapers
Glass producer Saint-Gobain Glass Romania, a subsidiary of France's Saint-Gobain group, plans to turn the glass plant of Călărași, in which it has invested some EUR170 million so far, into a...
OTP returns to profit
OTP Bank, the domestic subsidiary of Hungary's biggest financial group, managed to return to profit with a half a million euro income in the first quarter of 2011 after having piled up losse...
Garanti: We prefer to grow organically in Romania
Garanti, one of Turkey's biggest financial groups, prefers to pursue a strategy of organic growth in the future in Romania after last year it turned the local branch into a subsidiary licens...
Lawyers' estimates on trend of turnover after two years of decline
After two years when few law firms managed to keep growing, in 2011 all the firms that provided information on the trend of turnover are expecting to a at least stagnate, according to the da...
Astra: Insurance market decline could slow down by yearend
Insurers are likely to partially recoup in the second half of the year the revenues they lost in the first quarter, when overall turnover dropped by 150 million lei amid the tightening compe...