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A black market of 30m euros: apartment owners without rental contracts

On the average segment, consultants consider a third of rented housing units at most have a contract registered with tax authorities.

Cristi Moga · 07.02.2011 · 23:20 · 1 min
ZF English

Total Bourse wealth added 1.47bn euros last year

Total Bourse wealth, including listed stock, bonds and the other securities registered with the Central Depository, in 2010 climbed from 73.8bn RON (17.3bn euros) to 80.28bn RON (18.8bn euro...

Andrei Chirileasa · 07.02.2011 · 23:20 · 1 min
ZF English

Cegedim buys medical software firm

Cegedim Romania market research firm took over Pharmec Healthcare Software, a software firm that was previously part of Pluriva, an IT company controlled by Tudorache family, a stakeholder i...

Ioana David · 07.02.2011 · 23:18 · 1 min
ZF English

London is wooing BSE with an eye on FP

Great Britain’s ambassador to Romania, Martin Harris, opened the BSE’s trading session yesterday and spoke about the importance of developing relationships with the London Stock Exchange...

Roxana Pricop · 07.02.2011 · 23:17 · 1 min
ZF English

Volksbank breaks silence and announces new strategy

Volksbank, one of the top-ranking banks that faced massive losses in the last two years, has broken the silence after a long period during which formal communication has been rare, announcin...

Liviu Chiru · 07.02.2011 · 23:17 · 1 min
ZF English

Heidi, a made-in-Romania product, present in 32 countries

Erwin Vondenhoff, general manager of Heidi Chocolat, says there are few products made in Romania that have gained international recognition. Beyond the famous Dacia cars or Nokia phones prod...

Roxana Petrescu · 07.02.2011 · 23:16 · 1 min
ZF English

Romania spent $6.7bn on mine restructuring to no avail

At the end of last week, an engineer and four electricians aged between 36 and 41 were killed in the latest accident that has occurred in a mine of Romania, whose closure had been under disc...

Roxana Petrescu · 06.02.2011 · 22:30 · 1 min
ZF English

Isărescu needs to show how he will keep inflation in check this year

Governor Mugur Isărescu will have to convince in today's press conference that the National Bank can keep prices in check in 2011 and rebuild trust in the NBR's monetary policy, after in eac...

Liviu Chiru · 06.02.2011 · 22:29 · 1 min
ZF English

Schmidt, set to sell Rolls-Royce saloon cars in Germany

Michael Schmidt, the businessman controlling Automobile Bavaria group, the biggest BMW dealer domestically, will open the first Rolls-Royce showroom of Munich this year. He thus becomes the...

Bogdan Alecu · 06.02.2011 · 22:28 · 1 min