ZF English
Romania could be the target of billions of euros' worth of investments in energy, but indecisiveness blocks the money
Romania has the potential to become the home of major energy projects, involving both conventional energy and renewable energy, but the lack of concrete high-level decisions on restructuring...
Cataramă raises wages for the first time since onset of crisis
Businessman Viorel Cataramă, who controls furniture industry business Elvila, says this year he raised wages at his factories for the first time since the crisis began, and is set to do the...
Overdue CHF loans top 200m euros in February
Clients who took out Swiss franc loans lured by the low interests displayed by bankers have fully felt the exchange rate increase, and their overdue payments have risen three times in a sing...
Fast-food giants tap into shawarma niche
The battle on the fast-food outlet market is gaining momentum after major players such as McDonald's, KFC or Burger King added sandwiches resembling shawarma to their menus, with a 150-200m-...
130m-euro net investments in FP shares from foreign funds
Foreign institutional investors bought a further 6.5% in Fondul Proprietatea (FP) shares since its floatation on the Bourse, on January 25, coming to hold 20,4% in the fund at the end of Mar...
Sogelease's ambitions for 2011: Two-digit growth and second position on the market
BRD Sogelease, the financial leasing arm of BRD group, expects new funding to rise at the same pace as last year, when turnover rose by 35% to 99m euros, which drove the company onto the sec...
Romanian copper draws Indian and Turkish investors
The company with the biggest copper reserves in Romania, Cupru Min Abrud, which will be privatised in the next few months, has received new letters of intent from companies in India and Turk...
Blidar: I do not know who will rush to buy insolvent companies
Valer Blidar, one of the most important Romanian industrialists, who controls Astra Vagoane Călători, says he mulled taking over a stake in Cristian Burci's carriage plants, which are insolv...
Metro head: Small store concept is working, there will be no large units for the time being
Metro Cash&Carry, the biggest player in Romanian trade, with over 5,700 employees and 1.1bn-euro turnover, this year counts on adding Metro Punct stores to its network, after in 2010 the com...