ZF English
Unsecured lenders, losers of reorganisations
The reorganisation of insolvent companies and avoidance of bankruptcy are not necessarily a cause for joy for unsecured lenders of that company, because they do not stand much of a chance to...
Romtelecom pays 8m euros for Boom TV
Romtelecom, number three on the Romanian TV services market, will pay between 7.3 and 8 million euros (VAT-less) to get the 95,000 subscribers of Boom TV - a satellite television platform op...
Weiss, Bancpost: I have a mandate to boost the bank's business
Bancpost is ready to fight to regain the market share lost in the past few years, says Peter Weiss, 51, who at the beginning of the year took over the bank's executive management, specifying...
Ford "made in Romania" unveiled in Geneva, production to start by yearend
The first Ford "made in Romania" was uncovered yesterday evening in Geneva, ahead of the Geneva Motor Show, the biggest event in the European industry this spring, with production to start b...
Analysts expect higher interests and leu strengthening amid fears of inflation
Facing the prospect of missing its inflation target again, the NBR (National Bank of Romania) has started to fight price rises by indirect interventions on the forex market, helping the leu...
SIFs put pressure on Erste: Either you list BCR or we sell
The listing of BCR, the biggest bank in Romania, has inflamed the five SIFs (financial investment companies), which hold 30.12% of the shares, on the one side, and majority shareholder Erste...
Romanian investors should have priority over foreign ones in Petrom offering
Romanian individuals should entirely receive the shares they will subscribe in the future stock sale offering the state will carry out at Petrom, while for the other categories of investors...
A new crisis: Cocoa bean prices reach 30-year high
Since the start of the year, prices per cocoa tonne have risen by around 20%, topping 3,600 dollars in late February, a thirty-year high.
Countdown for A&D Pharma: the 1bn-euro capitalisation, still mission impossible
A&D Pharma, Romania's biggest pharmaceutical group, is putting an end to its listing on the London Stock Exchange, with tomorrow as the last day when the company's shares will be traded in f...