ZF English
Turkish recipe of no-interest instalments paid by credit card to be used for tax payment, too
The Turkish recipe of no-interest instalments for purchases paid by credit card has become the "key" to rebooting lending in banks' eyes, so that five top banks introduced this facility last...
Lukoil and Petrom, 600m-euro investments in energy
Russia's Lukoil, and Petrom, the biggest company on the Romanian market, are in the process of completing investments of over 600 million euros in 2011 in energy production facilities. These...
End of the year came with disappointing consumer spending figures
Retail sales, the main indicator that measures the consumer spending trend, fell by 7.2% in December last year against the same period of 2009, with the biggest decline being recorded by non...
Illegal buildings to be demolished, compliance after the fact no longer allowed
The Government decided via an emergency ordinance to eliminate the possibility of owners, builders and developers who infringed on urban plans to get the so called "urban plans to ensure com...
"Emergency modifications of the Fiscal Code. How they will impact the business world"
Representatives of the Finance Ministry, tax consultants and businesspeople yesterday debated the main modifications brought to the tax legislation and their consequences at the ZF conferenc...
It's official: H&M opens first Romanian store on March 25
Swedish retailer Hennes&Mauritz, with 14 billion euros in turnover, will begin operations on the Romanian fashion market on March 25. The 1.9 billion-euro market per year saw leading H&M riv...
FP head: We want to take the market by surprise, to be a kind of Central Bank with FP shares
Greg Konieczny, manager of Fondul Proprietatea (FP) and one of the most influential professionals on the domestic capital market, is speaking for the first time about how the Fund will repur...
Tariffs for low-cost airlines' call centres, three times higher than regular call tariffs
Passengers of Wizz Air and Blue Air low-cost airlines who want to ask for information or book plane tickets through the call centre must pay 2.68 RON (0.62 euros) per minute for a phone call...
Millennium sees 24m-euro losses in 2010, return to profit delayed
Portuguese Millennium Bank delayed to 2013 the return to profit of its Romanian subsidiary, opened in the autumn of 2007, given that it posted a 24m-euro loss last year.