ZF English
Another bubble "a la roumaine"!
Just a few days after the IMF eventually agreed to extend the accord with Romania, the agreement is again hanging on a thin thread. An important feature - perhaps the most important - which...
Pfizer and Warner-Lambert finalise merger
Pfizer and Warner-Lambert on Monday completed their merger, creating the world's largest pharmaceuticals company by market value, after the Federal Trade Commission approved the deal. To sat...
ANRE grants another licences for power supplying
The National Agency for Energy Field Regulations (ANRE) granted another two licences for electric energy supplying to some independent producers, increasing to five the total number of compa...
The Polish lesson: how to privatise fast and cheap
Large-scale privatisation has always drawn public focus - and Poland was no exception. What's more, they proved to be extremely lucrative for the cash-starved budgets of post-communist count...
Connex: the future sounds good, but in the Netherlands
Romanian mobile telephony operator Mobifon-Connex might be the object of an ample financial transaction on the international market. Following this deal, the company's shareholders, both Rom...
PD sees PDSR as a "perestroika" party
PD (Democrat Party) and PDSR (Party of Social Democracy) leaders yesterday got into a public dispute, after Traian Basescu and Petre Roman had declared that they would reject any cooperation...
Old Mutual expands in US with $1.46bn UAM purchase
Old Mutual, the London-listed fund manager, yesterday said that it is buying Boston-based fund group United Asset Management (UAM) for 1.46 billion dollars, tripling South Africa-based Old M...
PM negotiates with strikers
The general strike started yesterday by transports and power distribution trade unions might end today, but everything depends on the results of the negotiations that took place last night b...
The only help for the Government comes from abroad
On the very eve of the second round of local elections in Romania, the European Union, World Bank and IMF issued on Friday a powerful message of support for the Isarescu Cabinet's economic p...