ZF English
SCA Hygiene Products seeks Romanian factory for Zewa toilet paper
SCA Hygiene Products, the Swedish maker of Zewa toilet paper and Libero diapers, wants to buy production spaces in Romania in which it is planning to invest $10-15 million over the next two-...
Banca Comerciala Romana Group enters leasing market
As of April, a new big player will enter the leasing market, estimated at $300-400 million. The new company is BCR Leasing, which will target a 10% market share over the next two years. Banc...
Nay to debt for equity swap
The Senate Budget-Finances-Banks Panel yesterday rejected the emergency ordinance issued by Mugur Isarescu-led Government last November, which stipulated that debts held by state-owned or pr...
?iriac Bank is faring better
?iriac Bank is now in a better position, having a healthy balance and better assets, Anthony Van der Heijden, the bank's chairman, stated. He says that results of the restructuring process t...
PC Net is looking for a buyer
The consolidation of the Romanian ISP (Internet Service Providers) market seems to be the only alternative to make the companies in this business profitable as quickly as possible. An allian...
Draft budget to be ready next week
State budget draft for this year could be discussed by the Government as of next week only, because the ministries still have projects and priorities that need to be adjusted, as the Executi...
Banks should aim at companies
More optimistic forecasts regarding economic growth and inflation in Romania should make banks resume loans aimed at the corporate sector, Radu Gratian Ghetea, chairman of the Romanian Banke...
DNT in talks with Astral Telecom
Dynamic Network Technologies (DNT) this week could sign an agreement with Astral Telecom to lead to the creation of the largest Internet Service Provider in Romania, if DNT shareholders acce...
Oradea-based brewery to turn into shopping mall
After having bought Bere Malt Oradea from the State Ownership Fund two years ago, businessman Alexander Mudura came to the conclusion he was unable to cope with competition in this field. Th...