ZF English
Raiffeisen sees higher profit amid halved provisions
Raiffeisen Bank, the third largest domestic bank in terms of assets, last year gained 83m euros in line with IFRS, while in line with Romanian accounting standards the profit reached 64m eur...
Romania is at a 50-year low in terms of employee numbers: 4,095 million
The number of legally employed workers reached 4.095 million at the end of January, according to data published by the Labour Ministry, which is the lowest number of employees in 50 years.
Montero's reorganisation plan: 80m-lei debts are unsecured, suppliers say they are not getting anything
Montero drug distributor, controlled by the Tudorache family, which last year went insolvent following petitions from several creditors, has proposed a reorganisation plan, which also includ...
Orange and Deutsche Telekom discuss combining networks
Telecom giants Deutsche Telekom (Germany) and France Telecom (France), which hold the two biggest communications groups in Romania, with over 2.2 billion euros in cumulated turnover per year...
How Bucșaru pulled Green City project out of insolvency in two months
The biggest house project on the Romanian market, Green City in 1 Decembrie commune, developed by businessman Dumitru Bucșaru, has recovered from insolvency just two months after insolvency...
ZF infrastructure seminar: Accountability and professionalism are lacking in Romania
Lack of professionalism and of accountability in the central and local public administration has slowed down the absorption of EU funds. This is the conclusion reached yesterday by participa...
Tănase, ING: We'd like to buy further SIF stock, but the cap won't let us
ING Romanian Equity equity fund, with 311m lei assets and one of the biggest investors on the Bucharest stock exchange, believes in the growth potential the five financial investment compani...
Business model bringing Avon 15% profit margins: 140,000 Romanians sell cosmetics of 70 euros/month each
Avon Romania, the biggest cosmetics direct sales company, has 340 employees and 140,000 distributors, who do not have an employee status with the company, but who account for 1.5% in Romania...
Winners of deregulated energy: suppliers boasting the highest increases from "light" sales
Tinmar Ind, Electrica Muntenia Nord, Electrica Transilvania Sud and CEZ Vânzare are the companies specialising in energy trading that in 2010 registered the biggest increase in the amounts s...