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Romanians now booking holidays six months in advance

Most Romanian tourists now book a holiday three to six months in advance in order to get the early bird discounts, and buy up to three holidays a year. Five years ago, Romanians would book t...

Mirabela Tiron · 15.03.2011 · 23:42 · 1 min
ZF English

How the Japanese earthquake hurt speculators that bet millions of lei on DAX index

On the German bourse's plunge on Tuesday, as a reaction to plummeting Japanese markets, transactions with German DAX-based turbo long certificates on the BSE, among the most liquid securitie...

Adrian Cojocar · 15.03.2011 · 23:41 · 1 min
ZF English

Retail attracting half a billion euros now

The big retailers in Romania, which in the past ten years made up a 7-8 billion-euro annual market have half a billion euros left for investments this year, although the times when shoppers...

Ioana Mihai-Andrei · 15.03.2011 · 23:40 · 1 min
ZF English

Nobel laureate for Economics: Reform labour market unless you want to end up like Spain

British-Cypriot professor Christopher Pissarides says unless Romania wants to end up in a similar position to Spain, where youth unemployment is 43%, it needs to make the labour market more...

Adelina Mihai · 14.03.2011 · 23:50 · 1 min
ZF English

Pension fund assets up 4% in February to 4.7 billion lei

Mandatory pension funds (pillar II) managed 4.7 billion lei (1.1 billion euros) in assets at the end of February, 4% more than in the previous month and almost 2 billion lei more than in the...

Ciprian Botea · 14.03.2011 · 23:40 · 1 min
ZF English

Finns buy 500 hectares of forest in Buzău

Finnish group Tornator, which holds 12,000 hectares of forest in Romania, has bought a further 500 hectares in Buzău county, in the first major transaction involving forests this year.

Ioana David · 14.03.2011 · 23:35 · 1 min
ZF English

Ericsson CEO: Telecom operators seem ready for investments in 2011

Telecom operators in Romania are ready to invest more in service networks this year, feeling that the worst of the crisis is now over and that companies and consumers are starting to loosen...

Adrian Seceleanu · 14.03.2011 · 23:30 · 1 min
ZF English

Record exports in January: 3.4bn euros

Romania's trade deficit fell 60% in January against the first month of last year, to 186.2 million euros, as a result of a much more significant rise of exports against that of imports, acco...

Alexandra Chelu, Mediafax · 14.03.2011 · 23:25 · 1 min
ZF English

bpv Grigorescu merges with Ștefănică and eyes top ten position

bpv Grigorescu law firm, run by Cătălin Grigorescu, merged with the firm of lawyer Daniel Ștefănică with a view to creating a new top 10 player on the business law market, with this year's r...

Cristi Moga · 14.03.2011 · 23:20 · 1 min