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ZF English

Fields
Banks-Insurance, Macroeconomics, Retail&Consumer
Writing for ZF since
2009
Articles
243
First Home 4 Start Delayed: Government Has Yet To Publish Framework Agreement
Real Estate

First Home 4 Start Delayed: Government Has Yet To Publish Framework Agreement

The "First Home" scheme is officially frozen, as banks have exhausted the EUR200-million sum earmarked at the start of the year and the fourth stage cannot start since the protocol of co-ope...

ZF English · 11.05.2011 · 11:03 · 1 min
Romania Remains Core Of Cancer Drug Business For Actavis
Health

Romania Remains Core Of Cancer Drug Business For Actavis

Claudio Albrecht, CEO of Actavis drug maker, with EUR1.7 billion in turnover in 2010, which owns Sindan plant in Romania, says a Swiss or an Austrian would not have the same results as the R...

ZF English · 11.05.2011 · 11:00 · 1 min
HR

IMF Sees Government Organising Tenders "On TV" To Recruit Managers

The Government is set to conduct transparent international tenders based on the "TV model" to select consultancies that will handle the recruitment of independent professional managers for a...

ZF English · 11.05.2011 · 10:57 · 1 min
Energy

How OMV Could Affect Romania's Plans For Petrom Offer

Austrian group OMV, majority shareholder of OMV Petrom (SNP.RO), could need a capital increase this year to refinance some of the loans taken out to make acquisitions in Turkey (Petrol Ofisi...

ZF English · 11.05.2011 · 10:46 · 1 min
Retail&Consumer

Iulian Dascalu Signs With C&A, Now Has Contracts With Fashion's 'Big Four'

Businessman Iulian Dascalu, 41, owner of shopping center chain Iulius Mall, is the first Romanian to have brought into his malls the biggest fashion players - Inditex, H&M, New Yorker and C&...

ZF English · 11.05.2011 · 10:33 · 1 min
Technology &Telecoms

Marinescu, ANCOM: Delay In Transition To Digital TV Not A Hindrance To 4G Telephony

The legal framework for Romania's transition to digital television will not be adopted sooner than in two months' time, says Marius Fecioru, secretary of state in the Communications Ministry...

ZF English · 11.05.2011 · 09:59 · 1 min
BNR Rejects Two Vice-president Nominations Made By Ruling PD-L Party At CEC
Banks-Insurance

BNR Rejects Two Vice-president Nominations Made By Ruling PD-L Party At CEC

The Finance Ministry controlled by PD-L (Democratic Liberal Party) has brought CEC into the undesirable situation of the central bank BNR rejecting two managers nominated by the shareholder.

ZF English · 10.05.2011 · 08:12 · 2 min
Technology &Telecoms

Vodafone: Smartphones Have Reached 25% Of All Mobile Phone Sales

Sales of smartphones, mobile phones that allow users to surf the net, send emails, run games and listen to music, have surged, currently making up a quarter of Vodafone's mobile phone sales,...

ZF English · 10.05.2011 · 08:08 · 1 min
Banks-Insurance

Lending Revival: BCR Collects 75,000 Consumer Loan Applications In 6 Weeks

BCR, the biggest bank on the Romanian market, has seen daily applications for consumer loans double in the six weeks since launching a campaign to promote leu-denominated funding with a fixe...

ZF English · 10.05.2011 · 08:05 · 1 min
HR

Who Is The Best-paid Fund Manager In Romania?

A fund manager was in 2010 the best-paid employee in Bucharest, with a net income of 145,000 lei/month, reveal statistics of the biggest salary incomes in Bucharest recently released by the...

ZF English · 10.05.2011 · 08:03 · 1 min
Energy

Romgaz Reports Around 50% Higher Profit Amid Lower Sales

Romgaz Mediaș, the only natural gas producer controlled by the Romanian state, posted a net profit of over EUR70 million in the first three months of the year, a significant rise against the...

ZF English · 10.05.2011 · 07:58 · 1 min
King of Historic Downtown Challenged: La Mama and Dristor Shawarma Outlets Compete With Petrescu
Retail&Consumer

King of Historic Downtown Challenged: La Mama and Dristor Shawarma Outlets Compete With Petrescu

Bucharest's Historic Downtown, the most vibrant area on the restaurant market, concentrating over 100 coffee shops, bars, pubs and restaurants, gained two new important players, La Mama rest...

ZF English · 10.05.2011 · 07:54 · 1 min