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SME strategy set to bring 10% rise in exports, number of small companies and employees

A project won by the Economy Ministry, funded with over 820,000 euros in European money, will lead to a 10% increase in the number of small and medium-sized enterprises, SME employees and in...

Cuncea Elena Cristina · 15.02.2011 · 23:34 · 1 min
ZF English

State seeks 20 "quite big" SMEs that eye aggressive growth through Bourse

Economy Ministry representatives are working on a project meant to help the SMEs that want to expand more quickly and raise funding from the Bourse. According to the project, the state would...

Adrian Cojocar · 15.02.2011 · 23:32 · 1 min
ZF English

Blidar: We sold more carriages, but at a lower price, hence the lower revenues

Businessman Valer Blidar, one of the most important Romanian industrialists, who controls Astra Vagoane Călători of Arad and set up Banca Comercială Feroviară, says the profit the passenger...

Mirabela Tiron · 15.02.2011 · 23:30 · 1 min
ZF English

Olteanu, NBR: We have too few successful company debt restructuring stories

On the few examples of successful company debt restructuring, bankers and entrepreneurs have now turned into adversaries, and over-indebted companies are taking their problems to a point whe...

Liviu Chiru · 15.02.2011 · 23:29 · 1 min
ZF English

Doamna Ghica Plaza: 70 families in 616 apartments

From Obor market traffic is quite easy toward Doamna Ghica area of Bucharest at noon. You turn right from Colentina road on Doamna Ghica street, you go past the blocked site of Planorama and...

Cristi Moga · 15.02.2011 · 23:28 · 1 min
ZF English

BRD sees 501m-lei net income in 2010

BRD-SocGen, the second biggest bank in terms of assets, ended 2010 with net income worth almost 501m lei, down 36% from 2009, in line with the Romanian accounting standards (RAS).

Razvan Voican · 15.02.2011 · 08:16 · 1 min
ZF English

Will we see positive GDP figures for the last quarter of 2010?

Romanian President Traian Băsescu made a surprise announcement that Romania would not see negative growth in the fourth quarter of 2010 after all, contradicting forecasts of most analysts.

Claudia Medrega · 15.02.2011 · 08:15 · 1 min
ZF English

Gold disappoints at the beginning of the year

The price of gold is currently around 7% lower than the historic high reached at the end of December, with the major fluctuations recorded at the beginning of this year being troublesome for...

Liviu Chiru · 15.02.2011 · 08:14 · 1 min
ZF English

Pfizer buys food supplements plant in Cluj

American giant Pfizer, the world's biggest drug maker, with 68 billion dollars (50 billion euros) in turnover in 2010, has become the owner of a food supplements plant in Cluj, with over 5 m...

Laurentiu Cotu · 15.02.2011 · 08:12 · 1 min