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ZF English

Most powerful retail manager: Recovery depends on consumers' optimism

Dușan Wilms, one of the few Romanian executives running a multinational, with 5,800 employees and 1.3bn-euro turnover, says the revival of retail and of the economy rests with consumption, t...

Cristina Roșca · 06.02.2011 · 22:27 · 1 min
ZF English

Romgaz, unlikely to be listed on the Bourse this year

Valentin Ionescu, Bucharest Stock Exchange (BSE) general manager, has publicly doubted Romgaz, the biggest domestic gas producer, could be floated this year, as preparations for the launch o...

Roxana Pricop · 06.02.2011 · 22:25 · 1 min
ZF English

Negoiță gives up Confort hotel brand and starts selling Rin Grand apartments

The four hotels of Bucharest, Rin Grand Hotel, Confort Traian, Rin Otopeni and Confort Otopeni, with 2,100 rooms overall, controlled by Ionuț and Robert Negoiță (a PSD deputy), last year gen...

Mirabela Tiron · 06.02.2011 · 22:24 · 1 min
ZF English

First clash between BSE and Templeton: Bucharest Stock Exchange wants FP all to itself

The listing of Fondul Proprietatea (Property Fund-FP) on a foreign market is causing the first cracks in the relationship between the management of the Bucharest Stock Exchange (BSE), which...

Roxana Pricop · 06.02.2011 · 22:22 · 2 min
ZF English

Romania's E-Boda, likely to launch a PC tablet this year

Alexandru Drăgoiu, the businessman who owns E-Boda electronics brand together with Honorius Prigoană, is considering launching a PC tablet this year.

Anca Arsene-Barbulescu · 06.02.2011 · 22:20 · 1 min
ZF English

Car accident victims get tens of million RON from insurers for bodily injuries

Claims settled by insurers for bodily injuries suffered in the wake of car accidents rose, as a weight in total indemnities paid for civil liability car insurance (RCA), around three times i...

Ciprian Botea · 06.02.2011 · 22:19 · 1 min
ZF English

Pascariu wants to continue as UniCredit chairman

Dan Pascariu, 60, one of the longest-serving Romanian bankers, plans to retain his position as chairman of UniCredit Țiriac Bank supervisory board, also depending on discussions with shareho...

Razvan Voican · 06.02.2011 · 22:18 · 1 min
ZF English

Bucharest showrooms moved to Bacău and Buzău

Two Opel and Chevrolet dealers, Gold&Platin in Pipera and Expocar on Bucharest's Ring Road, have closed down their Bucharest showrooms and opened dealerships in Bacău and Buzău, respectively...

Bogdan Alecu · 06.02.2011 · 22:16 · 1 min
ZF English

Head of Prospecțiuni expects 30% of revenues to come from exports

Gehrig Schultz, the American appointed by Ovidiu Tender to the helm of geological prospecting company Prospecțiuni București (PRSN), says efforts made over the last two years by the manageme...

Adrian Cojocar · 06.02.2011 · 22:15 · 1 min