ZF English
After Bucharest, Raiffeisen lists FP in Vienna, Frankfurt and Stuttgart
Raiffeisen Centrobank, the investment bank of the Austrian financial group of the same name, listed eight FP equity-backed structured products on Vienna, Frankfurt and Stuttgart bourses shor...
Constanța still attractive to retail giants: Zara, C&A and New Yorker sign with Maritimo
Constanța, Romania's most visited city, with around 500,000 tourists each year, is still attracting international apparel retailers in the malls under construction, with giants Inditex (Zara...
Turkey's Garanti wants a top ten position, though profit is main priority
Turkey's Garanti Bank wants to secure a top ten position in the next two to three years, after having brought over 1bn euros since the onset of the crisis to develop its Romanian operations.
Agricover turnover up over 50% to 151m euros
Agricover, a major agricultural group domestically, saw its turnover rise by 52% last year to 636.6m lei (151m euros), with the advance being supported by the grain unit that accounts almost...
Former Cetelem boss takes the reins of McDonald's Romania
Daniel Boaje, 40, was appointed general manager of McDonald's Romania fast-food restaurant chain, after Karen Bishop, who had filled this position since late 2009, was promoted to vice-presi...
PAID can pay 200m euros' worth of damages for earthquake, floods or land slides
The capacity of the reinsurance scheme held by the Disaster Insurance Pool (PAID), the issuer of mandatory home insurance policies, was boosted to 200m euros at the beginning of this year as...
Intersport leaves Unirii space and is replaced by Raiffeisen
Intersport, one of the world's biggest sporting goods retailers, is closing its store of Piata Unirii area to move it to Bucuresti Mall, say the company's officials.
Euribor has doubled in six months. More expensive loans coming
The three-month Euribor, the indicator to which the cost of loans to customers is tied, has gone up to 1.17% from 0.6% in the summer of 2010, on fears of ECB raising the key rate for euros.
Exodus of Romanian managers to Russia
At least three Romanian executives have taken management positions in Russia, at the helm of businesses worth several hundred million euros.