ZF English
Primola maker sees 20% higher turnover and rising income
Supreme Chocolat, the producer of Primola chocolate, forecasts rising financial results for 2011 though, according to market players, Romanians' appetite for sweets is still very low, with t...
Americans at Citi make EUR22m profit in 2010
Citibank Romania, the local subsidiary of the American financial giant, ended 2010 with a net profit of around EUR22 million, almost double as much as the 2009 result. The figures are calcul...
Former basketball player produces sporting goods for 15 handball, basketball and volleyball teams
Mircea Barna, an entrepreneur of Cluj, former captain of the national basketball team, decided almost 15 years ago that giants such as Nike, Adidas, Puma or Lotto can have a domestic rival i...
Ranking of top 100 biggest law firms in Romania
Ziarul Financiar today publishes the ranking of the 100 leading law firms in Romania, which employ 1,500 business lawyers. They earn between EUR6,000 and EUR1.5 million a year. The annual ZF...
Boris Schneider replaced at the helm of Asirom
Boris Schneider, 51, has left his position as Asirom president, which he has held in the last six years, being replaced by Mariana Diaconescu, who was vice-president of the company.
Tănăsescu, IMF: The budget can take a social security cut, but we cannot risk a slippage in 2012
A cut in CAS (social security contributions) is being considered in the government's letter of intent to the IMF, but will be conditional on the performance of budget revenues, says Mihai Tă...
Bulgaria attracts three times more EU money for infrastructure than Romania
Romania managed to absorb 1% of EU funds available for the Transport Ministry by the end of last year, i.e. EUR 47 million, while in Bulgaria the absorption rate had reached 7%, i.e. EUR114...
Romanians trying to buy into Glencore IPO, too
Local investors are very interested in the IPO of the Swiss Glencore group, world's largest commodities trader, in which they have already subscribed several million of euros, according to i...
Big foreign investment banks betting on exchange rate of RON4 per euro again
The Romanian currency has once again become interesting for the world's financial centers, which have returned with bets on an appreciation towards 4 lei per euro, after having forgotten abo...