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Exports speed up, but price increase of raw materials is also a factor

The exports increase remained robust in February, but the faster rise is partly accounted for by the increase in the price of raw materials, not just by the rise in the volumes exported, acc...

Claudia Medrega · 11.04.2011 · 23:50 · 1 min
ZF English

Octavian Radu: Bankruptcy of the fashion company is a financial failure, only suppliers and me will lose money, not the banks

With two insolvent companies, TCE Logistică and Pro Express Retail, which operates the Diverta bookstore chain, and a fashion company whose creditors have recently voted the start of bankrup...

Mirabela Tiron · 11.04.2011 · 23:47 · 1 min
ZF English

Dedeman opens store in Severin, next to Cora and prepares for Baia Mare expansion

DIY and decorations retailer Dedeman, controlled by businessmen Adrian and Dragoș Pavăl in Bacău, will open a store at the end of this week (April 15th) in Drobeta Turnu-Severin, close to Co...

Cristi Moga · 11.04.2011 · 23:46 · 1 min
ZF English

New inflation hike as annual rate reaches 8% in March

The magnitude of the price increase for food and fuels in March has once again surprised analysts.

Claudia Medrega · 11.04.2011 · 23:45 · 1 min
ZF English

Adama has sold 1,000 apartments, but has now taken a break: This is not the communist five-year plan

Adama has become theey foreign investor with the biggest number of finalised homes in Romania in the last few years, but when th talk about projects outside Bucharest, the developers start t...

Cristi Moga · 11.04.2011 · 23:44 · 1 min
ZF English

Raiffeisen sold 33m euros' worth of loans to two special vehicles in 2010

Raiffeisen, which last year regained its third position among top banks in terms of assets, in 2010 continued to sell retail and corporate loans from its balance sheet, both to secure a cash...

Razvan Voican · 11.04.2011 · 23:43 · 1 min
ZF English

Children's toys and clothes cost parents almost half a billion euros a year

Parents of a child aged up to four years annually spend 460 euros only on clothes, footwear and toys, so that the three markets were children are the "stars" amount to over 460m euros annual...

Ioana David · 11.04.2011 · 23:42 · 1 min
ZF English

BRD employees received 40 SocGen shares each

The employees of BRD, the second largest domestic bank in terms of assets, last autumn received 40 shares of Societe Generale French group (the majority shareholder of BRD) as part of a pers...

Ciprian Botea · 11.04.2011 · 23:40 · 1 min
ZF English

Economy Ministry: If the price does not match expectations, Petrom's offering can be postponed

The Economy Ministry says if the sale price of the 9.84% stake in Petrom on the Stock Exchange does not match expectations, the offering can be postponed, in an official answer sent to Ziaru...

Andrei Chirileasa · 11.04.2011 · 23:00 · 2 min