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Huge gap between rural and urban areas in terms of Internet access

A market survey conducted by Gallup in 2010 reveals the huge gap that separates urban and rural areas in Romania: 78% of families that live in the countryside do not have access to the Inter...

Adrian Seceleanu · 15.03.2011 · 23:53 · 1 min
ZF English

Ranking of business lawyers: ten firms make 86m euros

The top ten law firms that yesterday sent to ZF copies of their tax returns submitted to the fiscal authorities collected fees with a cumulated value of 86 million euros in 2010, down 5% on...

Cristi Moga · 15.03.2011 · 23:51 · 1 min
ZF English

Italy's Enel plants farm of 200 turbines in five years

Energy group Enel, which, through the privatisations that it won, became the biggest private distributor of electricity in Romania, says it plans to invest 500 million euros from 2011 throug...

Roxana Petrescu · 15.03.2011 · 23:50 · 1 min
ZF English

Ruxandra Brutaru ends her term as head of Tarom with 100m-euro losses

Ruxandra Brutaru, general manager of state airline Tarom resigned yesterday from the position she was appointed to in January 2009 by former transportation minister Radu Berceanu.

Mirabela Tiron · 15.03.2011 · 23:49 · 1 min
ZF English

Motorway company changes manager after just half a year

The unexpected resignation of the general manager of the National Company of Motorways and National Roads in Romania (CNADNR), Liviu Costache, has once again brought to light the lack of con...

Andreea Neferu · 15.03.2011 · 23:48 · 1 min
ZF English

Weiss: I will oversee the corporate banking division myself but I will not turn Bancpost into a corporate bank

Bancpost has many clients, also products, but multiple sales have not functioned so far, and relationships with clients are weak. Retail brings the largest part of revenues, but a systemic b...

Razvan Voican · 15.03.2011 · 23:47 · 1 min
ZF English

Small retailers in Unirea not afraid of Zara and H&M

Unirea Shopping Center is increasingly looking like a mall as all major fashion names are lining up on the ground floor and radically changing the look of the old universal store.

Cristina Roșca · 15.03.2011 · 23:46 · 1 min
ZF English

Chicken producers expect consumption to pick up

Romanian chicken producers project rising consumption this year amid dwindling population income and consumers' switching to cheaper products.

Gabriel Razi · 15.03.2011 · 23:45 · 1 min
ZF English

Cetelem head: Loan demand is bouncing back

Cetelem, the biggest consumer lending company on the market, controlled by BNP Paribas French group, budgeted a 25% increase in new funding from 2010 and particularly counts on credit cards...

Ciprian Botea · 15.03.2011 · 23:44 · 1 min