ZF English
Romanian retail to grow by over 60% in ten years, report says
Romania is the European market with the highest retail market growth in the last ten years, by 123% between 2000 and 2010, with consultants saying the market's potential continues to be one...
Bankers' optimism fails to revive loan demand
February came with another unpleasant surprise, with private lending continuing to decline, showing that bankers are still unable to sell enough loans to cover repayments, despite many playe...
Team expansion drives Roche Diagnostics to higher-than-budgeted turnover
Roche Diagnostics, the diagnostics unit of Roche Swiss group, hired 28 people last year, getting to a team of 65 people, which enabled it to go beyond the initially set sales target in 2010.
Alpha Bank: We'll capitalise 2010 profit, corporate loans may rise
Alpha Bank, the domestic subsidiary of a major Greek financial group, will capitalise its entire 2010 profit to strengthen its capital base, says Sergiu Oprescu, executive president of the b...
Certinvest launches first art investment fund
Certinvest, the biggest independent asset manager, plans to raise 5m euros from wealthy investors for the first art investment fund in Romania, counting on an annual yield of over 15%, calcu...
Canada's Celestica, a top employer: 1,000 people recruited in one year
The Oradea plant of Celestica, the Canadian provider of electronic equipment parts with 6.5bn dollars last year, got in six years from 18 to around 2,400 employees amid production expansion...
One in four contracts generates losses to leasing and consumer finance companies
Non-performing loans accounted for one quarter in the portfolio of non-banking financial institutions at the end of last year, down from almost 30% in June 2010
NBR gives 8 million-euro monthly bonus to holders of foreign currency loans
Romanians pay 233 million euros in monthly instalments on foreign currency-denominated loans, which at the current exchange rate means 33 million lei (8 million euros) less than in December.
Dedeman's Pavăl builds golf course in Suceava
Businessman Dragoș Pavăl, who controls the Dedeman business in Bacău, whose sales stood at 360 million euros last year, intends to develop a tourist complex near Suceava, which is set to inc...