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Equity funds: Without fresh money it's hard to beat the market

Equity funds were the most profitable in the first two months of the year, with yields of up to 8.5%, but since investors lacked fresh money, the funds' performance is below that of the main...

Roxana Pricop · 02.03.2011 · 09:05 · 1 min
ZF English

Inflation and economic situation are Romanians' main concerns

Romanians do not expect an economic recovery to take place very soon. Half of them believe the impact of the crisis on jobs has yet to peak, with negative trend yet to be felt. Only 14% of t...

Iulian Anghel · 02.03.2011 · 09:03 · 1 min
ZF English

Upbeat plans for Siemens: another 250 employees in two years and 10% higher turnover

Germany's Siemens industrial group says that according to the development plans it has for Romania, it will likely hire as many as 250 people in the next two years, expecting turnover to go...

Roxana Petrescu · 02.03.2011 · 09:02 · 1 min
ZF English

Major Romanian farmers: Let's start cultivating the 3.5 million hectares where weeds are growing now

Adrian Porumboiu, Mihai Anghel, Culita Tarata and Stefan Poienaru, four of the biggest agricultural producers, say Romania's chance in the current global context, where prices of agricultura...

Gabriel Razi · 02.03.2011 · 09:00 · 1 min
ZF English

Stefanini TechTeam seeks 200 IT specialists

Stefanini TechTeam, a provider of IT services, which has reached almost 550 employees in the two units it holds in Romania, Stefanini TechTeam Global (providing BPO services) and Stefanini T...

Adelina Mihai · 02.03.2011 · 08:58 · 1 min
ZF English

Bourse record: KBC brokers account for over 50% of the market in February

The record deals through which the EBRD sold 5% of BRD stock on the Bourse for 107m euros brought KBC Securities brokers an over 50% market share in February, a record for the Romanian capit...

Andrei Chirileasa · 02.03.2011 · 08:56 · 1 min
ZF English

Astra knocks Allianz from top spot in 2010

Astra Asigurari insurance company, controlled by businessman Dan Adamescu, ended 2010 at number 1 on the insurance market, with the 37% business increase strengthening its position as leader...

Ciprian Botea · 02.03.2011 · 08:55 · 1 min
ZF English

Last year was a case of narrow escape for Romanian entrepreneurs

Some Romanian entrepreneurs are breathing a sigh of relief that the crisis is over. Others are looking at the list of creditors, worrying about how they are going to pay their debts.

Ioana David · 01.03.2011 · 08:25 · 1 min
ZF English

Penny Market sees best sales performance of the entire region in Romania

Penny Market, the biggest discount chain in Romania, held by German group Rewe, posted a 4.3% sales rise last year, to over 380 million euros, according to ZF calculations based on data in t...

Adelina Mihai · 01.03.2011 · 08:24 · 1 min