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Russians come first in race to broker Petrom's offering

The Romanian state is set to announce today whether it accepts to have the biggest offering in the history of the Bucharest Stock Exchange brokered by the consortium led by Renaissance Capit...

Andrei Chirileasa · 04.04.2011 · 23:55 · 2 min
ZF English

Leroy Merlin increases capital by 14.5m euros

DIY retailer Leroy Merlin, held by French Mulliez family, increased the share capital of the local subsidiary, Leroy Merlin Bricolaj, by 14.5 million euros to 80.6 million lei (19 million eu...

Cristi Moga · 04.04.2011 · 23:51 · 1 min
ZF English

Cutting social security contributions by 3% would create 100,000 new jobs

Cutting social security contributions paid by the employer and the employee by 3% (from an overall 44% to 41% of contributions for every gross salary) could lead to the creation of 100,000 n...

Adelina Mihai · 04.04.2011 · 23:50 · 1 min
ZF English

Construction and metallurgy managers are the most optimistic in 2011

The Stock Exchange companies that have budgeted the highest increases for this year are mainly companies from the construction and the metallurgical sectors, according to a ZF survey.

Adrian Cojocar · 04.04.2011 · 23:49 · 1 min
ZF English

Economy is starting to recover, but there is still uncertainty

A first evaluation of the first quarter of the year from an economic point of view shows that there is still uncertainty and that consumer spending has yet to resume growth, but real estate...

Claudia Medrega · 04.04.2011 · 23:48 · 1 min
ZF English

Clinics bundle up to attract buyers

Several private clinics have forged partnerships with a view to attracting a strategic investor and being able to fund expansion plans.

Ioana David · 04.04.2011 · 23:47 · 1 min
ZF English

Romanian plants make millions of euros from products manufactured for IKEA

Sweden's IKEA has been buying furniture from Romanian companies for decades, even before the fall of the communist regime, and this is why it is not surprising that almost 10% of the items o...

Ioana David · 04.04.2011 · 23:46 · 1 min
ZF English

Head of Bancpost's retail: Last two years have been my exam as a manager and I have passed it

"First Home" mortgage loans, refinancing of consumer loans and credit cards are strategic priorities for Bancpost's retail segment this year, says Kyriakos Xydis, executive vice-president in...

Razvan Voican · 04.04.2011 · 23:45 · 1 min
ZF English

BCR top management salaries up 50% last year

The executives of BCR, the biggest bank on the market, last year took home total salaries worth 15.13m lei (3.53m euros), up over 50% from 2009.

Razvan Voican · 04.04.2011 · 23:44 · 1 min