ZF English
Lactalis close to becoming owner of Santal plant in Tunari
The purchase of the Italian dairy and juice producer Parmalat by French group Lactalis is likely to propel the French company onto a leading position on the domestic nectar market valued at...
Orange: The market shrank by 300m euros in 2010
Romania's mobile telephony operators in 2010 lost 300m euros in revenues against 2009 amid recession, VAT hike, the austerity moves and the first fall in history in the number of users, acco...
US Harvard university, biggest forest owner in Romania
An investment fund (Phemus Corporation) registered at the same address as Harvard Management Company, an entity part of the prestigious US university Harvard that manages 27bn dollars' worth...
Lidl fills recruitment websites with ads
Germany's Lidl retailer, which entered the Romanian market by acquiring Plus discount store network, has over the past two weeks posted tens of offers for positions with the company on recru...
Oriflame targets 10% higher sales this year
Over 95% of the 600 products displayed in each Oriflame catalogue are on offer, have their prices cut or are included in promotions since Romanians are always hunting for the best price, say...
MoneyGram: 70% of remittances come from Italy and Spain
Romanians working abroad in 2010 sent over 4.5bn dollars (3.4bn euros) back home, slightly down, however, from 4.9bn dollars (3.5bn euros) in the previous year, according to the calculations...
First official figure: 2.1 million Romanians work in 15 European countries
At least 2.1 million Romanians work in EU member states, most of them in Italy, Spain and Germany; this is the first official figure released by European Commission representatives.
Development Ministry seeks builders for 1,400 km of roads with 436m euros
The Regional Development and Tourism Ministry (MDRT) is tendering modernisation and rehabilitation works for 1,386 km of county and local roads of eight counties, with the total estimated va...
Stein sells AutoItalia for 20m euros
Herbert Stein, one of the best-known businesspeople in the Romanian car industry, has reached an agreement with Israel's Mediterranean Car Agency on the sale of AutoItalia group, the importe...