ZF English
Farmaciile Dona borrows 10m euros from BCR and opens another 30 pharmacies
Farmaciile Dona, one of Romania's biggest pharmacy networks, controlled by Romanian entrepreneurs, contracted a 10m-euro loan from BCR for its working capital.
Biggest equity fund: SIFs to beat FP this year
Radu Hanga, general manager of BT Asset Management and manager of the biggest equity fund domestically, expects SIF shares to outperform Fondul Proprietatea (FP) ones, driven by the economy...
Euro slides to new low of the year, dollar falls back below the 3 lei threshold
The Romanian currency has left behind the turmoil generated by the catastrophe of Japan and yesterday reached new highs against the euro and the dollars, returning thus to last spring's leve...
Argeș construction company builds homes in Morocco in public-private partnership
Argeș-based Building Astrom construction company, owned by Marian Drăgoi, Nicolae Drăgoi and Alexandru Radu, won a 34m-euro contract in Morocco for the building of 12 four-storey apartment b...
Japan has to reinvent itself after most powerful earthquake in its history
The 127 million Japanese have been living a nightmare for the last three days: earthquake, tsunami and nuclear alert.
Only two Romanian private companies received state aid in 2010
Only two of the nine private companies that received state aid last year, which amounting to an overall 191 million euros, have Romanian shareholders
Government prepares to cut labour taxes
The Romanian government will come with a set of tax incentives to reduce taxation of labour until mid this year, because Romanian employers need to make a profit in order to create new jobs,...
UniCredit posts 57m lei profit by Romanian standards
UniCredit Țiriac Bank, the seventh bank in terms of assets in 2010, ended last year with net income worth almost 57.2m lei in line with Romanian accounting standards (RAS), down 75% from the...
Shock exchange rate forecast: euro will fall to 4 lei
The leu will continue to strengthen throughout 2011 to an exchange rate of 4 lei per euro in December, believe analysts of American giant JP Morgan, who come with the most optimistic exchang...