ZF English
Trandafir, Farmexpert: Growing too much is risky today
Iulian Trandafir, who a month ago reverted to the position of CEO with Farmexpert, ranking second on the domestic pharmaceutical distribution market, says he plans moderate growth this year...
Austria's Volksbank lost 36m euros in Romania last year
Volksbank International, which owns the eighth largest bank in Romania in terms of assets, last year registered net losses of 36m euros from Romanian operations, stated Friedhelm Boschert, t...
GE Energy: We cannot leave it to the private sector to make all investments in the energy sector
Around 80% of energy generating facilities in Romania are outdated, with investments in the sector being needed more than ever before. However, the financial effort cannot be placed only on...
Cotnari goes to Russia and eyes 50% export growth
Iași-based Cotnari wine producer, with 25m-euro turnover last year, has budgeted 50% higher volumes of wine sold abroad for this year, as the company has almost completed talks over a contra...
Grand Arena has three tenants left in food-court area
The number of tenants in the food-court area of Grand Arena shopping centre in southern Bucharest has halved in the past year, so that only Spring Times restaurant, Canephora coffee shop and...
Provisions for eight big projects led OTP to 23m-euro losses
OTP Bank, the local subsidiary of the biggest Hungarian financial group, ended last year with a 23.2 million-euro loss, six times higher than in 2009, after setting up nearly 58 million euro...
RBS Bank: A five-year strategy is not even worth as much as the paper it is written on
2011 will be a year of investments with RBS Romania, as the bank needs to rebuild its image of a player dedicated to premium clients, but also resume asset growth, says Johan Gabriels, the b...
How the crisis changed car buyers' behaviour
Sales of cars (new and used ones) slipped by a mere 30% in 2010 from 2007, the boom year of the domestic car market, with the cheap used cars imported from abroad offsetting the over 70% dec...
Bricostore allocates more than half its investment budget for Romania
Philippe Bresson, 43, the owner of DIY stores Bricostore, with 140 million euros in turnover in Romania, knows "all the nooks and crannies of the country" because the local network is the mo...