ZF English
Small businesses are recovering faster than big corporations, says head of OTP
Small and medium-sized enterprises, which last year were hit the hardest amid a collapse of their business, are now beginning to recover, with their financial situations sometimes looking be...
Analysts about NBR interventions: it fears food and oil will rekindle inflation
NBR is gearing up for inflation caused by internationally rising prices for food and fuel, pushing leu higher and driving interbank interest rates up to the level of the monetary policy rate...
Insolvent companies' lenders can lose over 50% of their sums
The assets of the 166 insolvent companies included in the portfolio of Casa de Insolvență Transilvania (Transylvania Insolvency Firm-CITR) do not cover even half of their debts, so that bank...
Cercel, Concefa: We came on the Bourse to profit from infrastructure boom
Horațiu Cercel, the owner of Concefa Sibiu (COFI) construction company, recently promoted to the first tier of the Bourse, says his company will be trying to make the most of the projects th...
Renault: It's more profitable for us to manufacture Dacia in Morocco
Renault group believes that from an economic point of view boosting production in Romania to meet West European orders is not viable, considering Dacia's priority in terms of sales is no lon...
Beer out of recession
The domestic beer market showed signs of a rebound up at the end of last year, with December bringing a increase of almost 25%, a three-year monthly high, but also a hope for brewers that co...
BRD wants to revive loan demand with three percent lower interests
BRD, Romania's second-largest bank, yesterday gave the first strong signal aimed at reviving demand for retail loans by cutting interest rates across the entire range of products, and making...
Romania grabs the limelight for the second time at Geneva Motor Show
The 81st edition of the Geneva Motor Show, just like last year's edition, has Romania at its forefront thanks to the launches of carmakers with plants in Mioveni and Craiova - Renault and Fo...
Ghetea, CEC Bank: Provisions remain an unknown, I don't think they will be lower than in 2010
Provisions are set to be problematic this year, as well, making it virtually impossible to approximate the net profit, says Radu Ghetea, chairman of CEC Bank, the only top-ranking bank held...