ZF English
BT manages 311m euros’ worth of fortunes for 1,200 wealthy clients
Banca Transilvania (BT), the only Romanian-held top bank, manages fortunes worth 311m euros for its clients through private banking services.
Ancuța steps down as general manager of Sibex exchange after 16 years
Teodor Ancuța says he will resign at the end of April as general manager of Sibex exchange, but will remain chairman of the Board of Directors, with the executive management to be taken over...
How I got rich on the Bourse
Florin Gavrilă, an investor lured by the high Bourse returns ever since the early days of the market, is shattering the myth according to which the bourse is a means of making money from spe...
Businesspeople: Law on holdings, set to bring many businesses back home
More than ten years since the first legislative initiative in the field of holdings, Romanian businesspeople are still waiting for the final form of the law draft, and say that the passing o...
Overdue payments on Swiss franc-denominated loans rose six times last year
The bet on Swiss franc-denominated loans is proving painful both for customers and for bankers, with the shock depreciation of the RON against the Swiss currency, by 50%, prompting a major i...
Romania announces stock exchange privatisations, but no schedule
The Romanian state is seeking to raise 600 million euros from privatisations, without however having a schedule for Stock Exchange listings. What chances does it have when Poland and Austria...
Market research transaction: Nielsen buys MEMRB
Cypriot market research company MEMRB, with an over 40-year history in the sector, has been acquired internationally by The Nielsen Company, one of its competitors. The international transac...
Ranking of empty offices in Eastern Europe
Bucharest is in the middle of a ranking of Eastern European cities based on the area of vacant offices, with Budapest, for instance, having nearly twice as many empty buildings, according to...
Exports were up 28% in 2010, but what will 2011 be like?
Exports rose above expectations last year, by 28% against 2009, to 37.2 billion euros, driven by external demand, but future prospects are not very favourable, according to analysts. Althoug...