ZF English
Foreign investors vying over Romania's copper reserves
Two copper mining companies, Cuprumin Abrud and Moldomin Moldova Nouă, are put up for sale. The price of a tonne of copper has boomed over the last two years from 2,700 dollars to 10,000 dol...
Romtelecom becomes no. 2 on TV market
Romtelecom has become no. 2 on the Romanian TV services market, leaving behind the Americans at UPC, after it bought the nearly 80,000 satellite TV clients of Digital Cable Systems (AKTA).
Romania brings airport to Schengen standards but fails to join Schengen
The new passenger terminal at Henri Coandă - Otopeni International Airport entailed 60 million-euro investments and will add 15 boarding gates to the 5 of the old terminal, 104 check-in desk...
SIF investors are increasingly emphatic about wanting their money
Investment funds, which hold shares in the five SIFs (Financial Investment Companies) have become increasingly persistent in defending their rights, pressuring management of the SIFs to rais...
Russians collect 34m-euro dividends from Alro
The Vimetco group, held by Russian businessman Vitali Machitski, will collect 141 million lei (34 million euros at an exchange rate of 4.1 lei/euro) in dividends from aluminium smelter Alro...
Romania wants to put pollution away in 1bn-euro storage facility
Romgaz, Transgaz and Complexul Energetic Turceni (Turceni Energy Complex), three of the biggest energy companies controlled by the Romanian state, want to invest one billion euros in a techn...
Low-cost carriers expand where there is demand
Wizz Air and Blue Air low-cost carriers are set to add 12 and respectively 7 new flights to their network by yearend, with only three of them to be operated from Bucharest's Băneasa airport,...
Copos and GTC to build an office tower near Crowne Plaza
Businessman George Copos, one of the biggest hotel owners, teamed up with Israel's GTC group, one of the most experienced office building developers on the domestic market, to develop an off...
H&M brings foreign employees in first stores in Bucharest
Sweden's H&M brought employees from Switzerland, Sweden and Poland in the first two stores it opened in Romania, even though it also sent Romanian employees for training in these countries.