ZF English
Old reflexes no longer work in the "new world", OTP boss says
Finding new clients that should qualify for taking out loans is a highly challenging task in the post-crisis world, and banks should undergo structural changes to grapple with the new challe...
Sweden's East Capital triples FP money
One of the investment funds managed by Sweden's East Capital, among the biggest investors on the Bucharest Bourse, sold part of the stake held in Fondul Proprietatea (FP) on the stock market...
Germany's Hochtief builds 11m-euro plant in Balș for Ford supplier
Hochtief Solutions, the domestic constructions firm of Germany's Hochtief group, is set to build the Balș plant of International Automotive Components Group (IAC) US company, one of Ford's m...
US Plexus invests 20m euros in Oradea plant
Plexus, the US supplier of industry and telecom equipment and services, is poised to invest 20m euros to build a plant in Eurobusiness Oradea industrial park and will hire 350 people over th...
BCR: We must open the lending tap, this is the profit driver
Banks need to unleash loans because this is the only way they can revive their profits, and the rising competition is going to push interest rates downward, says Oana Petrescu, the executive...
Socar set to invest 10m euros in filling stations in Romania this year
Hamza Karimov, general manager of Socar's Romanian office, says that after Azerbaijan has in recent years completed its hydrocarbon transport infrastructure and started building a huge refin...
National Bank is in favour of cutting social security contributions by 3%
The National Bank yesterday announced, through Lucian Croitoru, adviser to NBR Governor Mugur Isărescu, that it is in favour of a 3% cut to social security contributions paid by employers, w...
Bentley temporarily withdraws from Romanian market
Bentley sales on the Romanian market have been taken over its centre in Austria, with the luxury car segment continuing to see a significant decline in 2010, and Porsche Romania now being ju...
Diverta bookstores await creditors' vote in May and manage to cut costs by 35%
Insolvent Pro Express Retail, which operates the Diverta bookstore chain, ended last year with a 21 million-euro turnover, 9 million euros less than in the preceding year, according to data...