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Govt. abolishes nationwide collective labour agreements and withdraws from Economic and Social Council

The Government is today assuming responsibility before the Parliament for the Social Dialogue Code that confirms the disappearance of nationwide collective labour agreements. After having in...

Iulian Anghel · 17.04.2011 · 23:45 · 1 min
ZF English

Burci's plants valued at 103m euros

If the market value of the three insolvent rolling stock manufacturers Astra Vagoane Arad, Meva and Romvag, controlled by international group Railway Systems (IRS) held by Cristian Burci, am...

Mirabela Tiron · 17.04.2011 · 23:44 · 1 min
ZF English

Analysts: Exit from recession must not be gauged only by GDP trend

According to the all the data we have at this moment, we will be exiting recession at the end of the first quarter, meaning that after two consecutive quarters of economic growth we have dir...

Claudia Medrega · 17.04.2011 · 23:43 · 1 min
ZF English

Vlad, Selgros: We will see a rebound of consumer spending in the second half

Alexandru Vlad, executive manager of Selgros Cash&Carry and one of the few Romanians at the helm of a multinational retail company, with around 4,200 employees and 720 million euros in turno...

Cristina Roșca · 17.04.2011 · 23:42 · 1 min
ZF English

ING: Loan refinancing is an open door and it will stay like that

Changes brought last year to lending laws have left behind much more careful, alert and demanding clients and we will no longer see anybody feeling captive in the relationship with a bank or...

Razvan Voican · 17.04.2011 · 23:41 · 1 min
ZF English

Romanians pay 3m euros for discount coupons in just three months

Since the start of 2011, Romanians have spent 3m euros on websites selling discount coupons, reads BUSINESS Magazin in this week's edition.

Anca Barbulescu · 17.04.2011 · 23:40 · 1 min
ZF English

Stake of the Bucharest referendum: Whoever controls Bucharest controls Romania

The local referendum that will take place in Bucharest on June 19th, the first of its kind, has a huge stake. Whoever controls Bucharest controls Romania

Iulian Anghel · 14.04.2011 · 23:58 · 2 min
ZF English

Templeton in the same boat as SIF bosses: Some FP shareholders ask for higher dividends

Fondul Proprietatea (Property Fund - FP) is now faced with the same problem as the SIFs, from which certain shareholders ask for higher dividends from the profits derived last year than prop...

Roxana Pricop · 14.04.2011 · 23:55 · 1 min
ZF English

Foreign Investors Council: It's time to focus on economic growth

The Foreign Investors Council (CIS), believes Romania's problems have to do with a lack of priorities in resource allocation, rather than the lack of resources, and has resumed talks on the...

Claudia Medrega · 14.04.2011 · 23:52 · 1 min