ZF English
The lesson of the first two years of insolvencies: reorganisation needs to be done quickly
The first few months of this year came with a 20% decline in the number of new insolvencies, although banks and entrepreneurs continue to have daily meetings seeking to reach common ground o...
NBR: Inflation is a problem. The inflation forecast will be revised upwards
NBR Governor Mugur Isărescu said he would revise the inflation forecast upwards because inflationary pressures are not lessening.
Dinel Staicu, from 90's big shot to being on police "wanted list"
Dinel Staicu, one of the best-known figures of the Romanian capital market, is one of the few "big shots" to have received a final sentence of imprisonment for defrauding a bank, although in...
Severina Pascu, UPC CEO: There is potential for growth, but first six months will be difficult
After investing 100 million euros in its network in two years and offering the fastest fixed Internet on the market, UPC believes it can now fight more effectively for clients.
Less than 10% of last year's exports are agrifood products
Romanian last year exported agrifood products worth 3 billion euros, up 40% on the 2.1 billion euros recorded in 2009. Exports of agrifood products account for about 8% of all exports record...
What Romanians have to do to be able to afford exotic cruises after they retire
Romanians should invest at least 15% of their monthly income in a voluntary pension fund for 20 years in addition to the contribution to the state and the mandatory pension, in order to affo...
Heineken gains ground on a declining market
Heineken Romania, producer of Golden Brau, Ciuc and Bucegi brands, announced a 7% turnover increase in 2010, to a gross turnover of 1.2 billion lei (267 million euros), while volumes sold we...
Profile of Porsche client: earns 100,000 dollars/year, is a shareholder or a manager and asks about a discount
The profile of the Porsche client has not changed in the past two years, they are still company managers or entrepreneurs, but now they are harder to persuade to confirm the order.
Prodvinalco's answer to the crisis
Andi Dascăl, general manager of Prodvinalco, a producer of alcoholic drinks, who at the onset of the crisis planned to win the battle with cash, says that at the end of 2010 sums in the comp...