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Robor decline might stimulate demand for "First Home" loans in lei

The decline in interests on lei on the interbank market and the increase in euro loan costs might stimulate clients to apply for state-secured mortgage loans in lei, after almost all the loa...

Ciprian Botea · 21.04.2011 · 23:52 · 1 min
ZF English

Gameloft hiring 150 more people in Bucharest and Cluj

French company Gameloft, one of the leading worldwide publishers and developers of games for consoles and mobile phones, has reached almost 500 employees in Romania and has about 150 opening...

Adrian Seceleanu · 21.04.2011 · 23:50 · 1 min
ZF English

Cernavodă-Medgidia motorway up for tender again. New deadline for completion set for 2012

The National Motorway and National Road Company of Romania (CNADNR) estimates the completion of the Cernavodă-Medgidia motorway section (19.25 kilometres) will cost 500 to 700 million lei (1...

Neagu Lidia-Ileana · 21.04.2011 · 23:47 · 1 min
ZF English

Austrian millionaire: I haven't seen Romania promoted anywhere. The minister should be abroad 250 days a year

Hanno Soravia, 50, who controls the Austrian investment group by the same name together with his brother, Erwin Soravia, says it is essential for Romania to build an image because after havi...

Cristi Moga · 21.04.2011 · 23:46 · 1 min
ZF English

Hagi's hotel triples occupancy rate over Easter

The four-star Iaki Hotel of Mamaia, owned by former football player Gheorghe Hagi, will have 70% of its 122 rooms occupied in the period of Easter holidays. The hotel will collect at least 1...

Mirabela Tiron · 21.04.2011 · 23:45 · 1 min
ZF English

Key elements of the Energy Strategy for 2011-2035

The state will retain control over the main energy generation facilities and will try to attract foreign and domestic funds for energy projects worth 40bn euros over the next 25 years, reads...

Roxana Petrescu · 21.04.2011 · 23:44 · 1 min
ZF English

C&A set to double sales space in Romania in two years

C&A apparel retailer, one of Europe's biggest players, which currently owns 8 stores domestically, has included Romania and Croatia on the list of priorities in terms of store openings and a...

Cristina Roșca · 21.04.2011 · 23:43 · 1 min
ZF English

Contor Group Arad on the verge of insolvency three years after floatation

Meter producer Contor Group Arad (CGC), which raised 3m euros from the Bourse through an IPO in early 2008, has filed for insolvency.

Andrei Chirileasa · 21.04.2011 · 23:42 · 1 min
ZF English

Record deal level in the region. In Romania, just four deals

The domestic M&A market amounted to a little more than 23m euros in the first quarter of this year, down 87% from a year ago, according to the data provided by mergermarkets, a firm speciali...

Ioana David · 21.04.2011 · 23:41 · 1 min