ZF English
RCS&RDS really wants to buy UPC. The acquisition would create a monster
Telecommunications operator RCS&RDS, controlled by Oradea businessman Zoltan Teszari, 41, is one step away from buying rival UPC, formerly Astral, its fierce rival for over 15 years on the c...
36-year old Angela Crețu takes reins of Avon Russia
Angela Crețu, 36, who has been working for US cosmetics company Avon since 1999, has been promoted to general manager of Avon Russia, one of the biggest markets in the world, with a GDP ten...
Prices of staple foods up 20 to 40% in seven months
Staple foods became 20 to 40% more expensive between July 2010 and February 2011, shows the ZF index calculated based on prices in Bucharest hypermarkets.
Danone: 170 people working 24/7 for 1.3m yoghurts per day
With over 50 million euros, the ruins of the former Miorița dairy plant, located on the outskirts of Bucharest, have in over ten years turned into a new facility where 170 people work 24/7.
Pascariu: It will take another two or three generations for things to normalise
Twenty years have not been enough for Romania to break away from its past because the same generation is in power and young people need to be raised, encouraged, and be handed over the reign...
'First Home 3' guarantee cap is being spent quickly
The 200 million-euro guarantee cap set by the Government for the 'First Home 3' scheme is being spent quickly, with BCR and BRD, the banks with the highest amounts allocated as part of the s...
Artio main buyer in the 100m-euro BRD transaction
American funds Artio Global, the biggest foreign investors on the Stock Exchange, with a portfolio of over 100 million euros at the end of October 2010, bought a large share of the 5% stake...
Is requiring financial disclosure statement from every Romanian justified?
The introduction of a personal financial disclosure statement may be necessary in order to facilitate the application of the new regulations on levying tax on undeclared individual income, b...
Insurance market goes in time back three years to less than 2bn euros
Insurance companies' underwritten premiums fell by 5.7% last year, to 8.36 billion lei (1.98 billion euros), because of lower sales of auto policies, according to data of the Insurance Super...