ZF English
Millennium set to double client portfolio
Portugal's Millennium Bank, which launched operations from scratch domestically at the end of 2007, wants to reach at least 100,000 clients, meaning, however, a more than doubling of the por...
Alro SPO intended to boost free-float and company attractiveness
The Vimetco group, held by Russian businessman Vitaly Machitsky, intends to sell 21% of its shares in aluminum smelter Alro (ALR.RO)) via a secondary public offering that could amount to ove...
Romania joins group set to decide new financial order in Europe
Adriana Tănăsoiu, general manager of the Central Depository, was selected in the Securities and Markets Stakeholder think tank, part of the European Securities and Markets Authority (ESMA),...
Logistic costs, 10% of products' shelf price, against 4% in the Netherlands
At least 10% of shelf prices of products in Romanian stores are accounted for by logistic costs, namely transport and storage, compared with 4-6% in the Netherlands and France, says Robin J....
Beneficiaries of EU funds: We need a white list of good consultants
Putting together a "white list" of consultants and experts in drawing up and implementing projects financed with EU funds based on past experience could be one of the measures that would lea...
Marius Locic renders residential complex insolvent
Locic Residential, controlled by businessman Marius Locic, under investigation in a corruption case alongside C`t`lin Voicu, Costel C`[uneanu and Florin Costiniu, went insolvent at the begin...
Patriciu set to open 97 stores and rebrand 53 by yearend
Businessman Dinu Patriciu will invest between EUR150 and 200 million this year in the opening of Macro stores and in rebranding the existing Minimax Discount stores, according to ZF estimate...
Ursus won't close any more plants
Gary Whitlie, chairman of Ursus Breweries, the biggest player in the Romanian beer industry, says in the next few weeks the company will open a mini-brewery on the former location of the pla...
Buyers of shares in food producers, sheltered from price increases
One method to be protected against the wave of food price increases is to buy shares in food producers. The shares of Argus Constanța (vegetable oil) and Avicola Buzău (poultry) have risen o...