ZF English
Head of British Airways: Demand for destinations such as Miami, Dallas and Las Vegas ensures turnover recovery
Emil Delibashev, country manager of British Airways for the Balkans, who runs operations of the airline in 11 countries, says Romania continues to be the ""Balkan locomotive", although the n...
Gold disappoints at year-start. Can there be a repeat of 2010 growth?
Gold is currently almost 7% below the peak reached in late December, and the broad variations registered at the beginning of this year have certainly caused a headache to investors lured by...
Dan Șucu: Even though the start of the year is not as I wanted, I’m upbeat
Dan Șucu, owner of Mobexpert business, the biggest player on the domestic furniture market, is for the first time speaking about the possibility of opening new stores this year, as he’s rece...
KD Maximus equity fund holds 2m euros in Russian oil and gas
KD Maximus, the second biggest equity fund on the market in terms of assets, holds investments worth 2m euros in Gazprom, Rosneft and Lukoil and in the biggest bank of Russia, being the firs...
Banks, 304m RON overall losses last year
The banking system ended last year, for the first time since 1999, with a net loss of 304m RON (72m euros), against a net cumulated gain of 815m RON in 2009, in the context where 20 banks re...
Loan application fee, no higher than 400 euros with big banks
The ten largest banks entered a small-fee race at the start of the year, so that a loan file is not taxed with more than 400 euros, two-three times less than last year.
Hyundai: Car prices are abnormally low
Dragoș Măgdălina, chief executive of Hyundai Auto România, was in May last year the first major executive to be "transferred" from Romcar, the then Ford importer, to Hyundai Romania - import...
Lotrean, CITR: We asked banks not to kill Romanian brands
Casa de Insolvență Transilvania (Transylvania Insolvency House-CITR) or RVA Insolvency, the firm of Arin Stănescu, the one who in the late ‘90s liquidated the group of failing banks, are par...
NBFIs lost 27,000 clients last year, loan volumes dropped by 17%
Consumer lenders and leasing firms lost 27,000 clients last year, namely a fifth of the number of clients they had in late 2009, as the number of newly-sealed contracts was much smaller than...