ZF English
Mergers become trendy on the Rasdaq market
Initiated on BVB (Bucharest Stock Exchange) by the recent merger between Panegrano and Mopariv, the takeover trend was also adopted by the Rasdaq secondary market. Ialomita-based bread and b...
Banca Agricola again needs money from the state
The Romanian state will have to continue injecting money into Banca Agricola (Agricultural Bank-BA), under the form of recapitalisation, so as to be able to privatise the bank. At this momen...
Slobodan Milosevic's and Yugoslavia's uncertain future
With the ratification by the Belgrade Parliament of the draft Constitution amendment that introduces direct elections for parliament and presidency, Milosevic is seeing his chances grow for...
Arctic Gaesti shares take plummeting trend
The shares of Gaesti-based refrigerating home appliances producer Arctic on Tuesday hit another historical low of 880 lei per share, although theoretically the decreasing tendency of the ben...
Connex and Dialog, caught in the net of RomTelecom monopoly
The tough commercial battle on the mobile phone market became even tighter last month, when RomTelecom decided to defend in court its exclusive right to operate the frequency DCS 1800, in fr...
UBS set to buy PaineWebber
UBS, the Swiss banking group, is close to announcing an agreement to buy PaineWebber, the US brokerage, for about $12bn in a deal that would give the Swiss bank access to investors in the he...
The great failure in regulation of property
The fact that the present government is coming to an end and the crucial issue of ownership is still not regulated is its most serious failure, much worse than its failure in reform or econo...
Bickering within PD, making up at OSCE
The Romanian foreign policy machine scored another success the other day after its entry this year into the troika of the Organisation for Security and Cooperation in Europe (OSCE), as it to...
De Beers to attempt to clean up diamond trade
De Beers, the South African mining group, will attempt today to clean up the diamond trade by demanding a guarantee from buyers that they are not dealing in "conflict diamonds" smuggled out...