ZF English
Carpatica expects to make profit after streamlining
Carpatica, a small bank controlled by Sibiu businessman Ilie Carabulea, is getting ready to return to profit after having undergone a tough restructuring last year, says Nicolae Surdu, gener...
Head of Public Procurement: I don't receive information about what is going on with public procurements in time
In an interview to ZF prior to announcing that procurement worth billions of euros could be cancelled, Cristina Trăilă said "I can't" five times in the first 10 minutes.
Budget revenues collection going well, investment spending not enough
The state's investment spending fell by over 17% in the first two months of the year compared with the similar period of 2010, amounting to just 1.3 billion lei, while overall budget revenue...
New 3.5bn-euro IMF arrangement has been approved
The new two-year precautionary arrangement with Romania, which starts on March 31st, has received the green light from Washington on Friday, and is set to focus on stimulating the economy by...
Romanians queue up to buy iPad 2
eMag, the biggest IT&C retailer, saw its first batch of 80 iPad 2 Apple tablets imported to Romania sold out "almost straight away" with the company expecting the next batches to sell quickl...
Templeton gets 4.3m euros for first three months of FP management
Franklin Templeton US group, the sole manager of Fondul Proprietatea (FP), collected 18.3m lei (4.3m euros) for the first three months of its mandate (September 29-December 29, 2010), shows...
Bucșaru saves Green City from bankruptcy
Green City Construct company, controlled by the family of businessman Dumitru Bucșaru, owner of Unirea Urziceni football team, exited insolvency just two months after the Bucharest Court of...
Aedificia and Romtest sign the contract for National Theatre
The contract for the rehabilitation and expansion of the Bucharest National Theatre (TNB), worth around 50m euros, was won by the consortium made up of Aedificia Carpați, a company controlle...
Overdue loans climb 14% in Galați and Ialomița
Bankers are experiencing the biggest troubles in Galați and Ialomița counties, where the share of overdue payments exceeded 14%, almost double the market average.