ZF English
Prospect of Oltchim's privatisation sends share price up 70% in last month and a half
The shares of Oltchim Râmnicu-Vâlcea (OLT), the biggest petrochemical facility in Romania, have been heavily traded by Stock Exchange investors, which brought the shares' market value up by...
ARSIT: Red tape will be reduced when civil servants will have to get all the papers themselves
Forcing fiscal authorities employees to obtain from other institutions the documents that taxpayers need, as is the case with getting the tax offence record from the Trade Registry, is a sol...
Who Vladimir Kalinov, the new executive vice-president of retail at Raiffeisen, is
Vladimir Kalinov, 40, is awaiting the NBR's approval to officially take over the position of vice-president of the retail segment at Raiffeisen Bank, the third-largest bank in terms of asset...
NBR is releasing one billion euros to banks. What will they do with the money?
The surprise decision of the National Bank of Romania to cut the minimum foreign reserve requirements ratio on foreign currency-denominated liabilities from 25% to 20%, thereby releasing ove...
"First Home" remains attractive: BRD and Bancpost say they are in
BRD and Bancpost, two top ten banks, have already announced their interest to participate in the fourth edition of the "First Home" scheme, under which the Government only guarantees 50% of...
Telecom Italia in talks to take over Romania's Prime Telecom
Italian giant Telecom Italia has sent the owners of Romanian company Prime Telecom an offer to buy in the hope it will succeed in taking over one of the last independent companies on the mar...
Gitenstein: Privatise energy through the Bourse if you want to attract investment
Romania should privatise its energy companies through the Bourse, using the Polish model, as this is the only way it can get necessary investments to modernise and boost the efficiency of th...
One of Octavian Radu's apparel retail companies to go bankrupt leaving 9m-euro debt behind
Fashion Retail Group (FRG), the company owned by businessman Octavian Radu, which managed over ten fashion brands with 15.7m-euro turnover in 2009, is set to enter bankruptcy, after lenders...
Nestle teams up with Lacoste importer shareholder to open coffee shops in Bucharest
Nestle Swiss company, the biggest player on the instant coffee market with Nescafe, has teamed up with Georgios Repidonis, one of the shareholders in Lacoste importer in Romania, to open sev...