ZF English
Orange revenues fall to less than 1bn euros in 2010
The revenues of Orange Romania, number 1 on the Romanian communications market, fell by 7.8% last year, to 973 million euros, amid a difficult economic context.
Biggest profit in Petrom's history: 520m euros
The biggest company in Romania posted a 2.5 times higher net profit in the second year of recession than in 2009, thanks to fuel becoming more expensive, although fuel demand fell 5%.
ZF seminar: State says BSE is only good for trial privatisations
The state answered again the desperate need for companies of the Bucharest Stock Exchange with promises, reassuring it would use the capital market for "trial privatisations" of the minority...
Isărescu: Stimulating consumer spending is a bad idea
Entrepreneurs, company managers and bankers who see stimulating consumer spending as a solution to bring the economy out of the crisis had a "bad idea", says Mugur Isărescu, governor of the...
Record day for the Stock Exchange: EBRD exits BRD for 107m euros
The torpor that the Bucharest Stock Exchange had gone into after the first few days of trading of Fondul Proprietatea shares was shaken yesterday at 4:02 PM when the trading screens displaye...
RCS&RDS launches mobile Internet in Hungary, as well
Romanian company RCS&RDS, one of the biggest telecom operators in Central and Eastern Europe, has also launched mobile Internet services on the Hungarian market, according to data on the com...
Romanians have saved 5bn euros since the beginning of the crisis
The consumer savings went up by 26% or by 21.5 billion lei (around 5 billion euros) in the last two years, during which the crisis has been fully felt.
Renovatio builds solar farm in Giurgiu
Eleven solar projects with an overall capacity of around 36 MW, which entail over 100 million euros in investments, have contracts to connect to the grid, according to data from Transelectri...
Farmec set to reach foreign customers via modern retail partners
Romania's biggest cosmetics producer Farmec Cluj-Napoca, whose business stood at 95.9 million lei (22.8 million euros) last year, is selling its products via the Auchan and Drogherie Markt i...