ZF English
Transport Minister: Cernavodă-Medgidia motorway will not be completed in 2011 after all
Anca Boagiu, transport and infrastructure minister, is starting to have increasingly more in common with her predecessor, Radu Berceanu, as well as with other previous transport ministers, s...
RCS&RDS alliance with UPC may create competitive tension on telecom market, lawyers say
A potential acquisition of UPC Romania by RCS&RDS, which would turn the new company into the owner of the biggest private communications infrastructure and the undisputed leader of the TV an...
Government kicks off employment in local authorities and gives extra pay to those working with EU funds
The government has dropped the rule according to which in local authorities only one can be hired per seven vacancies. The norm has been extended to consider the number of vacant jobs in an...
Gruia Stoica expects 16% higher revenues for GFR
Grup Feroviar Român (GFR - Romanian Railway Group), the biggest private railway operator, controlled by businessman Gruia Stoica, has budgeted 650 million lei (154.7 million euros) in revenu...
How BCR Monetar became the biggest investment fund in Romania
BCR Monetar, the biggest investment fund in Romania, with over 1.5 billion lei in assets, has become over its three years in business the "piggy bank" of peasants, after they sell their harv...
Agriculture and industry saved GDP in last quarter. Construction and trade continued to drag the economy down
The return to growth of agriculture in the last quarter of the year alongside the continued rise of industry helped the economy return to positive territory, as show detailed data of the 201...
Bankers turn unsecured consumer loans into mortgages
Bankers last year started a sterile war of refinancing deals, whose only outcome was improved coverage with guarantees, as many consumer loans were bundled into larger mortgage loans, but no...
Pernod Ricard: Business world needs realistic economic forecasts
Tudor Furir, general manager of spirits importer Pernod Ricard Romania, the local subsidiary of the French group of the same name, says the business world needs realistic economic forecasts...
Sugar Business Owners' Association: With just four sugar plants we're import dependent
Domestic sugar producers say Romania is helplessly seeing sugar prices rise internationally, while being dependent on European imports.