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ZF English

Fields
Banks-Insurance, Macroeconomics, Retail&Consumer
Writing for ZF since
2009
Articles
243
Mitsubishi: Couriers and Energy Companies, Interested In Electric Cars
Automotive

Mitsubishi: Couriers and Energy Companies, Interested In Electric Cars

Electric car demand domestically is double the most "positive" initial estimates, with companies wanting both to improve their image and slash fuel costs.

ZF English · 10.05.2011 · 07:46 · 1 min
Floorboard Producers, Set To Resume Investments
Retail&Consumer

Floorboard Producers, Set To Resume Investments

Floorboard market players are hoping for a two-digit increase for the sector this year amid signs the constructions market will improve. Egger, Kronospan and Barlinek are among the biggest p...

ZF English · 10.05.2011 · 07:41 · 1 min
Analysis

Bankers, Outranked In Salary Top By Fuel And Metal Dealers

Bankers, who in 2009 dominated the top half of the ranking of the 10 biggest net salaries in Bucharest, were last year replaced by fuel and metal sellers or fund managers, who were new entra...

ZF English · 09.05.2011 · 01:19 · 1 min
Real Estate

Franke Owner Sets Up Swiss Village Near Timisoara

Michael Pieper, owner of Switzerland's Franke Artemis group, who also owns 10% in Carpatair, has 20 hectares of land near Timisoara, where he wants to develop a "Swiss village"-type of housi...

ZF English · 09.05.2011 · 01:13 · 1 min
Macroeconomics

Social Security Contributions Won't Be Cut, GDP Growth Revised Down For 2012

The International Monetary Fund and the Romanian Government are today presenting the results of the first review of the new precautionary arrangement, after last week the two parties had yet...

ZF English · 09.05.2011 · 01:10 · 2 min
Social/Politics

Basescu Finds “Barons of the Economy” In Energy Companies

President Traian Basescu at the end of last week identified the big "boyars-barons" of the Romanian economy as being the managers of the biggest local energy companies. These state-held comp...

ZF English · 09.05.2011 · 01:03 · 1 min
Technology &Telecoms

OTE: Consumption May Pick Up As Late As 2011 In Romania

Despite some macroeconomic stabilisation signs registered in the first quarter, particularly generated by exports and some infrastructure projects, consumer spending is still frozen in Roman...

ZF English · 09.05.2011 · 00:57 · 1 min
Ford Sets Eyes On Rivals’ Car Dealers
Automotive

Ford Sets Eyes On Rivals’ Car Dealers

The import unit of Ford Romania, the second largest local carmaker, plans to open ten new centers this year and half of them will be "converted" centers, namely firms that will give up brand...

ZF English · 09.05.2011 · 00:53 · 1 min
Banks-Insurance

Isarescu’s New Dilemma: How Much Can the Euro Slide Without Attracting Speculators Again

The Romanian central bank BNR is no longer thinking favorably about leu's strengthening further, after it gained some 4% since the start of the year. The rising leu is attracting portfolio i...

ZF English · 09.05.2011 · 00:49 · 1 min
Companies

Electroarges Shares Fell Three-fold Since Chelu Became Shareholder

The market value of vacuum cleaner manufacturer Electroarges Curtea de Arges (ELGS) has fallen three-fold on the stock exchange since the end of October last year, when businessman Catalin C...

ZF English · 09.05.2011 · 00:34 · 1 min
Companies

Musat: Receipts Rose 20% in the First 4 Months

Lawyer Gheorghe Musat, founder of Musat & Asociatii law firm, one of the strongest players on the market, is speaking about improving receipts after two years in which the crisis cut the com...

ZF English · 09.05.2011 · 00:27 · 1 min
Retail&Consumer

Coca Cola HBC Head: I Didn't Foresee the Crisis, But I Expected the Downturn

Călin Dragan, 44, general manager of Coca Cola HBC Romania and Moldova (the bottler of Coca Cola drinks), says that while he did not foresee the financial crisis, he anticipated during the b...

ZF English · 09.05.2011 · 00:20 · 1 min