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ZF English

Refinancing offers with lower monthly instalments come with higher overall costs

Refinancing clients with ongoing loans is this year's "pie" that all banks with growth ambitions on the retail segment want a piece of, with adverts suggesting that savings of as much as 70%...

Liviu Chiru · 17.03.2011 · 23:52 · 1 min
ZF English

Bourse millionaire: I invested money on the Bourse each month as in a bank

Alexandru, 33, an accountant with a private company, has managed to amass a fortune of several hundred thousand euros in 14 years from investments on the Bourse.

Adrian Cojocar · 17.03.2011 · 23:51 · 1 min
ZF English

Foreign banks free to bring or withdraw money from the market

The nine major foreign banks that control 70% of the domestic market, Erste Group, Societe Generale, Raiffeisen Group, UniCredit Group, Eurobank EFG, National Bank of Greece, Alpha Bank, Vol...

Razvan Voican · 17.03.2011 · 23:50 · 1 min
ZF English

FP to account for 20% of BET and 30% of BET-FI indices of Bucharest Stock Exchange

Fondul Proprietatea (FP) will become one of the most important issuers in the structure of four bourse indices: BET, BET-C, BET-FI and BET-XT, whose trend it will impact significantly from n...

Andrei Chirileasa · 17.03.2011 · 23:49 · 1 min
ZF English

IKEA has the green light: buildings as high as 110 metres may be built in Timpuri Noi

Shareholders of Timpuri Noi company, which is selling a 5-hectare plot of land close to Bucharest centre to the real estate development company of IKEA group, got the go-ahead for the Urban...

Cristi Moga · 17.03.2011 · 23:47 · 1 min
ZF English

Valeriu Stoica joins Constanda in 200m-euro trial with Bucharest City Hall

Stoica & Asociații law firm, run by Valeriu Stoica, former justice minister and one of the most powerful barristers, was hired by Costică Constanda in one of the "heftiest" cases in Romania

Cristian Hostiuc · 16.03.2011 · 23:51 · 1 min
ZF English

How Romanian Mădălina Suceveanu came to be the first woman appointed CTO within France Telecom

Fourteen years after she was hired as a network expert at Orange, Mădălina Suceveanu was promoted to the highest technical position in the no.1 telecom company in Romania, and is the first w...

Adrian Seceleanu · 16.03.2011 · 23:50 · 1 min
ZF English

Vodafone hands over management of 73 stores to Fonomat

Vodafone, no. 2 on the Romanian mobile telephony market, has decided to hand over management of the 73-store Proton chain to GSM retailer Fonomat, which sells only Vodafone products.

Adrian Seceleanu · 16.03.2011 · 23:49 · 1 min
ZF English

Real estate market remains stuck to 2009 level

The statistics of notaries public on real estate transactions concluded last year did not reveal major changes to the situation recorded in 2009, with the market experiencing a relative stag...

Claudia Medrega · 16.03.2011 · 23:48 · 1 min