ZF English
Oil barrel price skyrockets on foreign markets. Petrol exceeds 6 lei
The price of the oil barrel exceeded 124 dollars on foreign markets amid heightening tensions in the Arab world. In Romania, Petrom and Rompetrol are already charging 6 lei/litre (1.5 euros/...
BNP Paribas contradicts Romania's plan to adopt the euro in 2015, announcing 2024 as a possibility
Financial giant BNP Paribas suggests Romania could switch to the euro as late as in 2024, i.e. nine years later than the Romanian authorities' convergence plan providing for the adoption of...
Large NBFI's portfolios divided among services, industry and constructions
The bulk of funding granted by large non-bank financial institutions (NBFI) is concentrated in the field of services, with 52% of the total exposure, with industry and constructions also acc...
Biggest Romanian office space owner: The crisis is still here because there are no transactions
Businessman Liviu Tudor, the biggest office space owner in Romania, as well as one of the lowest-profile investors on the market, came in front of the press in Brussels at the launch of the...
Immofinanz pays around 50m euros for Adama
Austria's Immofinanz investment fund, the biggest foreign investor on the Romanian real estate market, is close to entirely taking over Adama real estate developer, in which it currently own...
Liviu Tudor has five projects worth 35m-euro together under way
Businessman Liviu Tudor, who, despite being the biggest Romanian office owner, very seldom made statements to the press, is continuing real estate investments this year, with work under way...
Industrial output speeds up YoY in February
Industrial output, one of the most important economic indicators, stepped up its growth pace in February, supported by demand from abroad, rising by 12.7% from the same period of last year.
Premier Boc: For 10% in Petrom, we'll get a higher price than from the 2004 sale of the "entire Petrom"
Premier Emil Boc maintains he supports the sale of the 9.84% stake in Petrom, on the Bourse, in transparent conditions. Referring to the price, he stated it would be higher than the one Năst...
Giants Zara, H&M and C&A planning to open at least 30 stores this year
Inditex (the owner of Zara), H&M and C&A, companies with 30 billion euros in cumulated turnover worldwide, will open at least 30 stores on the Romanian market in the most effervescent year f...