ZF English
Mutual fund revolution: EC wants them to be guaranteed like banking deposits
The European Commission wants to include mutual fund investors in compensation schemes, proposing damages of as much as 50,000 euros for each client that suffers losses. However, European st...
Cargill buys 44,000-tonne silo in strategic location along the Danube
American giant Cargill, one of the leading players on the Romanian agriculture market, with operations in oil production and grain trade, has acquired a grain silo with a 44,000-tonne capaci...
When the Nădlac-Constanța motorway will be ready: only ten years from now
Paneuropean corridor IV, the priority objective of the Ministry of Transportation and Infrastructure over the next few years, could be fully completed as late as ten years from now, consider...
First 100 “First Home” files, approved
The first 100 files for “First Home” mortgages from the 2011 ceiling have already been approved by the SME Loan Guarantee Fund (FNGCIMM) a week after the scheme was re-launched, but none of...
Carrefour brings a Romanian entrepreneur to run the procurement department
Carrefour French retailer, with 1.13bn-euro turnover in 2010, has appointed a domestic entrepreneur, Vlad Ardeleanu, as head of procurement.
Epson: Printer sales, still frozen on consumer segment
The domestic copier and printer market will still be challenging on the consumer segment this year because of consumers’ low purchasing power, while estimates are still upbeat with regard to...
Patriciu to sell groceries "on credit" in Mic.ro kiosks
Convenience stores Mic.ro, held by businessman Dinu Patriciu, are seeking to boost sales by means of a card system that would replace the notebook still used for keeping track of debtors in...
Copos: Last year’s 20m-euro investments brought the first positive signals in September-December
Bucharest 5-star hotels Athenee Palace Hilton and Crowne Plaza, owned by George Copos, one of the best-known Romanian businesspeople, ended last year with total estimated turnover worth 17.2...
FinMin aggressive borrowing makes RON more expensive on currency market
Interest rates for very short-term placements on the interbank market yesterday leapt by more than a percentage point, moving from the 3% tier to the 5% one per annum, showing the cash surpl...