ZF English
Popoviciu has approval for 20-ha real estate megaproject in Băneasa
The most important zonal urban plan (PUZ) the City Hall has approved since the start of the year was obtained by Metav București company, controlled through Meteor company by businessman Gab...
After two years of investments, UPC takes the lead in terms of Internet speed
UPC, ranking third on the domestic high-speed fixed Internet market, launched its cable Internet services with data download speeds of up to 120 Mpbs in 12 cities, thus beating its rivals RC...
Tăriceanu exits Citroën business
Călin Popescu Tăriceanu has completely given up sale of the Citroën brand, nearly 20 years after bringing the French brand to Romania, which propelled the former Romanian prime minister into...
Dascălu collects 41.2m euros from four malls
Businessman Iulian Dascălu, 41, owner of Iulius Mall shopping centre chain, last year posted 41.2 million-euro revenues from renting out the malls held in Cluj, Timișoara, Suceava and Iași,...
KBC says goodbye to consumer finance operations
Slovak group Slavia Capital, specialising in the acquisition and management of portfolios of non-performing loans and risky assets, has bought the Romanian-based consumer finance operations...
FP: Hidroelectrica lost 200m euros from direct contracts
Greg Konieczny, manager of Fondul Proprietatea (Property Fund - FP), minority shareholder in the most valuable energy companies in Romania, says Hidroelectrica, the biggest local electricity...
Bankers boost profit margins in February
New loans for individuals and for companies, both leu-denominated and euro-denominated ones, became up to two percent more expensive, while deposit interests continued to decline, which show...
Praktiker's Q4 average sales: 18,000 euros/day, down 33%
German group Praktiker, which holds one of the most extensive chain of DIY stores on the Romanian market (27) and was leader of the DIY market until 2009, posted the biggest sales decline in...
Biggest deals of past year
The listing of Fondul Proprietatea (FP- Property Fund), which had a 120 million-euro trading volume in the first week, was the biggest transaction in 2010 and the first few months of this ye...