ZF English
Travel demand is picking up: Happy Tour sees 20-25% growth
Happy Tour travel agency, together with Paravion and Travel House, businesses taken over last year, in 2010 generated turnover put at 43m euros, up 8% year-on-year, according to the company'...
Romania, store owners' heaven: malls are open on the first Easter day
Romania is turning into store networks' heaven as shopping centres are open on the first Easter day as well in a bid to fatten their revenues by several hundred thousand euros. Thousands of...
With euro at a ten-month low foodstuff prices rose further in March
Prices of sugar, potatoes, apples and milk rose by over 14% in March month-on-month, shows ZF food index calculated on the basis of prices in Bucharest hypermarkets. ZF calculations show tha...
Independent leasing companies account for one third of the market
Independent leasing companies' turnover slid by 30-40% last year, above the market average, amid the companies' dependence on a certain car brand or tighter access to cheap funding.
Austria's VIG posts 28m-euro profit because of smaller claims
Vienna Insurance Austrian group, which controls Omniasig, Asirom, BCR Asigurări and BCR Asigurări de Viață companies domestically, last year reported gross income worth 28.5m euros from Roma...
BCR and JP Morgan disqualified from Petrom race. Winner could be announced today
The biggest local banks have from the very start lost the chance to broker the biggest share sales offering in the history of the Bucharest Stock Exchange, with five consortiums left in the...
JYSK enters Bucharest after having reached 14.5m-euro revenues outside capital city
Danish furniture and home décor retailer JYSK Romania ended 2010 with 14.5m-euro turnover, up 14% from 2009, and expects a 10-12% increase for this year.
EC loan tranche strengthens NBR reserve
NBR's foreign currency reserve added almost 700m euros in March after the 1.4bn-euro tranche from the loan the state contracted from the European Commission was disbursed, thus climbing to 3...
Deposit interests do not cover inflation
The average interest rate for individuals' deposits shed half a percentage point in the first two months of 2011 and reached 7,1% per annum in late February.