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IT&C retailers say sales up 30-60% in Q1, telecom industry still ailing

eMAG, Pcfun, Pcgarage and EvoMag, some of the biggest local IT&C retailers, saw sales up 30 to 60% in the first quarter year-on-year, according to the data they made available to ZF.

Adrian Seceleanu · 14.04.2011 · 23:40 · 1 min
ZF English

Toma, Romet: Develop industry and agriculture and you have everything

In an interview for Ziarul Financiar, Constantin Toma, one of the biggest Romanian industrialists, though not a very well-known one, and whose Romet group posts 275 million euros in turnover...

Adrian Cojocar · 13.04.2011 · 23:58 · 1 min
ZF English

Francisc Peli: We started with 30 clients, but now we've reached 250

Lawyer Francisc Peli, who together with wife Carmen Peli, Cristina Filip, and a group of another 11 lawyers, founded a new law firm almost three years ago, called Peli Filip, now admits it w...

Cristi Moga · 13.04.2011 · 23:52 · 1 min
ZF English

French have calculated that Romania can attract 10bn euros from green energy in ten years

Investments in renewable energy could reach around 7-10 billion euros in the next ten years, which would amount to "planting" around 2,400 wind turbines, according to calculations made by th...

Roxana Petrescu · 13.04.2011 · 23:51 · 1 min
ZF English

Citibank: We are not making superficial moves, we are pursuing a retail growth strategy

The Americans at Citibank have decided to gain visibility in big cities, with the intensive street advertising from the northern area of Bucharest and up to Piața Unirii square being more th...

Razvan Voican · 13.04.2011 · 23:50 · 1 min
ZF English

Start of the year looks good: Foreign investments double, remittances up 60%, lower foreign deficit

Foreign direct investments slowed down in February against the same month of 2010, but the cumulated amount recorded in the first two months of the year was double as much as in the similar...

Claudia Medrega · 13.04.2011 · 23:47 · 2 min
ZF English

Malacopol: AIG can sell AKTA at a profit

American investment fund AIG will be able to sell cable operator Digital Cable Systems cable operator (AKTA) at a profit, having paid for it 45 million euros in 2007, with residents of rural...

Adrian Seceleanu · 13.04.2011 · 23:45 · 1 min
ZF English

Carrefour boss at the end of his term: revenues kept steady with 60m-euro investments

Patrice Lespagnol, 52, who had the Romanian operations of Carrefour French giant over the past three years run, took over the reins of the Greek subsidiary and will be replaced by Francois-M...

Cristina Roșca · 13.04.2011 · 23:44 · 1 min
ZF English

Hidroconstrucția expects over 230m euros in turnover in 2011

Hidroconstrucția, the second biggest player on the Romanian constructions market in 2009, is mulling expansion to the Middle East, while other Romanian builders, such as Romstrade or Delta A...

Andreea Neferu · 13.04.2011 · 23:43 · 1 min