ZF English
Romania up four places in competitiveness ranking
Romania climbed four positions in the world's competitiveness ranking, the so-called World Competitiveness Scoreboard, to no. 50, according to the ranking published yesterday by the Internat...
Where are the 200,000 new employment contracts sealed in two weeks' time that PM Boc is talking about?
The new Labor Code led to the sealing of nearly 200,000 new employment contracts in two weeks' time, says the Romanian Prime Minister. It is not known what companies hired or how many contra...
Banks continue to borrow from abroad but shift to long maturities
Banks continued to borrow from abroad in the first quarter, with the savings ability of companies, as well as of the population diminishing, and the trend being to switch from shorter maturi...
Stock Exchange companies are twice as profitable
The cumulated turnover of the 120 biggest listed companies that have so far published their financial results for the first quarter went up 26%, to 19.8 billion lei (EUR4.77 billion). Their...
How will Lidl change the face of retail?
The arrival of Germany's Lidl on the domestic market will change the face of Romania's modern retail, a business of EUR7-8 billion annually, with the company set to eat from the market share...
Mahu, La Mama: Old Town cannot "live" on restaurants and coffee shops alone
Cătălin Mahu, who owns La Mama restaurant chain and Cafepedia coffee shops, says the market he operates on is not feeling any rebound, though the economy has theoretically exited recession,...
Foreign wood kings put Romania on their map
The five biggest foreign forest owners have come to own over 80,000 hectares on the Romanian market, according to ZF calculations based on the data provided by Zoltan Kosy, country manager w...
Turdean, Farmec: Cosmetics spending started to recover as early as last year
Mircea Turdean, general manager and one of the shareholders of Cluj-Napoca-based Farmec, the biggest wholly Romanian-owned cosmetics maker, says spending on cosmetics products started to reb...
Best Distribution: In the next three years, games market will shift from PC to consoles
More than half of the video games sold in Romania are PC games, while in the West the biggest weight is held by console games. In the next three years, though, the domestic games market will...