ZF English
Unirea set to open 6 H&M and Inditex stores in two months, after 10% turnover drop
Europe's biggest apparel retailers, H&M and Inditex, are going to open six stores in Unirea shopping centres of Bucharest and Brașov, controlled by Adamescu family, by late April.
Why does the state have to pay millions of euros to greedy Wall Street bankers to sell its Petrom shares?
The secondary offering by which the state plans to sell 9.84% in OMV Petrom is likely to amount to some 520m euros and may bring underwriters a fee of between 4 and 5m euros, according with...
Opening the first hospitals and cash payers, Medicover CEO's priorities
Cătălina Bălan, who has been general manager with Medicover private healthcare services operator for three months now, this year plans to open the network's first private hospital, in the wa...
What good does it do Romania to have oil reserves if fuel price increases can bring recession back?
In just two months' time, the price of petrol went up 2.6%, while that of diesel oil has risen 5%. Economic analysts believe the major fuel price increases could drag Romania back into reces...
PNL senator Rușanu's family renovates Sinaia hotel with 5m-euro loan
The family of PNL (National Liberal Party) member Radu Rușanu will use a 5 million-euro loan to renovate International hotel in Sinaia, which has 171 rooms, being the second-largest four-sta...
Colliers makes 3.9m euros, up 35%, with 30-year old managers
Colliers International, one of the biggest players on the real estate consultancy market, posted a 35% turnover increase in 2010, to around 3.9 million euros, returning to profit with a mana...
Samsung bets on new TV sales increase to 240m euros
Romanians bought almost half a million LCD, LED and plasma TVs last year, worth 200 million euros, this segment being one of the few to have risen amid a "dramatic" fall recorded on the elec...
Basarab overpass builders: We are opening it for traffic only if the weather is good
The opening of the Basarab Overpass in Bucharest in a month's time, in April, is conditioned on the weather, say its builders - Italy's Astaldi and Spain's FCC Construction, after Sorin Opre...
World's biggest currency fund found 5m euros for Fondul Proprietatea
The world's largest money manager, BlackRock, with assets under management worth 3,500bn dollars (2,500bn euros), invested 5m euros on the Romanian stock market through an investment fund de...