ZF English
Austria's Bank Gutmann has found 50 millionaires whose fortunes to manage
Bank Gutmann, the most important player on Austria's private banking market, managed to find almost 50 euro millionaires in Romania whose fortunes to manage.
Another shattered myth: FP drops below 0.6 lei on the Bourse
Fondul Proprietatea shares yesterday broke the 0.6 RON/share threshold, hitting the lowest level since the January 25 floatation. The 108m-euro profit of 2010, double the budgeted one, and t...
ING Asigurări turnover, up 3% last year, profit down to half
ING Asigurări, the biggest company on the life insurance market, last year saw gross underwritten premiums rise by 3%, to 543m lei (129m euros). However, the company's gross income halved ag...
Romanians' real estate wealth
Romania's houses and apartments could be valued at almost 400bn euros, namely an average real estate wealth of around 19,000 euros per each Romanian, taking into account the values of a real...
Pleasant surprise: Economy down by merely 1.2% in 2010, proving forecasts of -2% wrong
Romania's Gross Domestic Product fell by 1.2% last year, less than analysts' and authorities' forecasts, which hovered around 2%.
Popovici Nițu & Asociații law firm collects 9.1m euros in 2010, up 28%
Some law firms seem to have already come out of the crisis and started to report significant revenue increases, with Popovici Nițu & Asociații, the firm coordinated by Florian Nițu and Ernes...
Change of generation in cement industry: Holcim's Wirth hands over power, as did Rohan
Markus Wirth, who runs the local subsidiary of Swiss group Holcim, one of the three "heavyweights" of the cement industry, alongside Carpatcement and Lafarge, will at the end of March hand o...
Record 63m-euro fine for Orange and Vodafone
Orange and Vodafone, the biggest mobile phone operators on the Romanian market, were fined 63 million euros by the Competition Council for abuse of dominant position, this being the biggest...
Finance Ministry decides to explain what companies that paid minimum tax in 2010 have to do
A month and a half after the enforcement of the Fiscal Code version approved by the Government at the end of 2010, the Finance Ministry has finalised the enforcement guidelines clarifying as...