ZF English
Sony falls into red after film marketing charge
Sony posted net losses of 88.29bn yen ($841m) for the April-June period yesterday, falling into the red mainly because of one-off charges from a change in US accounting rules. The quarter's...
Policolor management will not grant investors free shares
Policolor shareholders will not receive free shares, as, at least for now, a share capital increase operated by incorporating reassessment differences and the company's own funds is not feas...
Grand Hotel Marriott will exist due to government guarantees
The largest hotel complex in Romania, Grand Hotel Marriott, which required 180 million dollars in investments for building works, will be officially opened at the end of October. Unfortunate...
The budget, reduced to a cripple
When it comes to the Romanian state or its authorities/institutions, one often hears the word "dissolution." An elegant word that seems adequate in subtle theoretical debates.What is happeni...
Mobil Rom to get $35m loan
At the beginning of July, Mobil Rom concluded the second agreement for a syndicated loan, without governmental collateral. The loan is worth 35 million dollars and is aimed at financing the...
Romanian tax payers, attacked from all sides
The Romanian state could find itself again in the situation of paying several hundred million dollars from the tax payers' money because of public workers and state officials, guilty of inco...
Economic oddities in the heat of summer
The country's economic life is periodically shadowed by political convulsions, so Premier Isarescu has set out to limit as much as possible the influence of the electoral cycle on business....
Another Romanian soap opera
Once again, we have witnessed a poor-taste soap opera that turned Romania into the world's laughing stock and caused major economic damage. The apparently meaningless scandal within a transp...
Concorde crashes near Paris
A supersonic Concorde airliner crashed after take-off from Paris Charles de Gaulle airport on its way to New York yesterday, Air France said, and witnesses said it had ploughed into a hotel...