4 iul 2013

Cosmote Romania, the third largest telecom operator on the local market, plans to contract a EUR225 million syndicated loan from the European Bank for Reconstruction and Development (EBRD) and a more

4 iul 2013

McDonald’s, the largest player on the Romanian restaurant market, reported profit of EUR0.9 million in 2012, nearly five times lower from 2011 and ten times lower than the profit obtained in its more

3 iul 2013

Marfin Bank Romania, the local subsidiary of Cyprus Popular Bank group, which is under liquidation, is sufficiently strong to stand on its own if its majority shareholder in Cyprus cannot find a buyer more

3 iul 2013

Bucharest construction company Straco Grup, controlled by brothers Alexandru and Traian Horpos, posted turnover of around EUR196 million last year, up 123% in euros from 2011, according to ZF more

3 iul 2013

Romanian businessman Liviu Tudor, owner of business parks Novo Park and West Gate, with a total rentable area of 150,000 square meters, said qualified staff and competitive wages turn Romania into a more

2 iul 2013

The banks’ ranking did not see surprising moves last year, with most banks managing to keep their market share on a lethargic lending market. Few banks managed to stand out and sell more loans than more

2 iul 2013

State-controlled Romgaz, Romania’s largest gas producer, recorded a net profit of 473.4 million lei (EUR108 million) in the first quarter of this year, up by around 84% against the similar period of more

2 iul 2013

With 20% of Romania’s drug production set to go away, it remains to be seen who will vie for the second place in the ranking of local pharmaceutical producers, since second-ranked Europharm will more

1 iul 2013

Its management of foreign currency assets and liabilities, and in particular its lending to commercial banks last year, have seen Romanian central bank BNR remain profitable for six years running. more

1 iul 2013

The leading retailer in Romania, Kaufland, plans to increase the share of private label products in the total sales from 18% to 30% in five years. more

1 iul 2013

Serbian oil group NIS, controlled by Russian giant Gazprom, will have its first Bucharest filling station this autumn under the Gazprom brand. more

30 iun 2013

Renewable energy producers received green certificates worth EUR250 million in the first five months of this year through the state’s support scheme, with the bulk of the money going to major more

28 iun 2013

Gabriel Zbarcea, who runs one of the largest law firms in Romania together with Florentin Tuca, told ZF Live that the income he earned as managing partner of Tuca Zbarcea & Asociatii amounted to EUR4 more

28 iun 2013

Bank analysts say Romania needs a new loan with the International Monetary Fund after the Executive Board of the financial institution completed the last two reviews of Romania’s stand-by loan more

27 iun 2013

The turnover of Romanian brokerages fell 20% last year, and 24 of the 25 firms that published their results had operating losses, i.e. their functioning costs were higher than the fees they collected more

27 iun 2013

Quadrant – Amroq Beverages, the bottler of PepsiCo in Romania, last year turned to losses for the first time in more than a decade. The company posted a loss of 66 million lei (EUR15 million), shows more

27 iun 2013

The abrupt 26% decline in the price of gold this year shaved over EUR120 million lei (EUR26.6 million) off the value of Romanians’ gold bars. more

27 iun 2013

UniCredit Tiriac Bank has cut its Romania territorial unit by another 20 units since the beginning of the year after closing 37 units in 2012. The bank now has 188 functional units. more

26 iun 2013

The Romanian Transport Ministry announced on Tuesday that the EUR4.5 billion European program for financing transport infrastructure has been unlocked, but it remains to be seen what will happen with more

26 iun 2013

The 50 largest employers in the economy had a total of over 350,000 employees last year, i.e. 8% of the total number of employees in the economy, shows data centralized by ZF based on information more

25 iun 2013

After extensive restructuring measures, Romania's largest lender Banca Comerciala Romana (BCR) is ready to restart lending to individuals, but only in lei, according to the bank’s strategic decision more

25 iun 2013

Avon Romania, the largest retailer of direct sales cosmetics on the Romanian market, ended last year with turnover of EUR98 million, the lowest since 2005, amid a decline in the consumption appetite more

24 iun 2013

The crucial question for Romania is how to make the economy grow, says Suma Chakrabarti, the president of the European Bank for Reconstruction and Development – the international financial more

24 iun 2013

The turnovers of the five largest players on the Romanian market of recruitment and temporary work went up by almost 14% last year against 2011 amid companies’ need for “rented” staff, whom they more

21 iun 2013

BCR, the largest bank on the Romanian market, is preparing to “bite” into the euro market with a new mortgage loan in lei, says Martin Skopek, executive vice-president in charge of retail of BCR. more