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- Fields
- Banks-Insurance, Macroeconomics, Retail&Consumer
- Writing for ZF since
- 2009
- Articles
- 243
Office Furniture Market Fell to 30% of 2008 Peak
From among furniture market segments, the office one has caused companies the biggest headaches in recent years, with the industry gradually declining and reaching just 30% of the level of p...
Four Executive Changes In Pharmaceutical Industry. Are Others Set to Follow?
Four companies in the drug industry, GlaxoSmithKline (GSK), Eli Lilly, Farmexpert and MSD, have changed their management this year, which could amount to the start of a new wave of departure...
Bankers Reluctant to Lower Profit Margins
Bankers' messages of intensifying their battle to attract clients are still very little reflected in interest margins - the spreads between interests charged by banks on loans and those paid...
Two Years After Start of “First Home” Scheme: Has It Achieved Its Purpose?
The scheme started by the government nearly two years ago in order to revive the construction sector and the economy has turned into a social one that has supported banks, put an end to the...
Leonardo Resumes Expansion Two Years After Entering Insolvency
Leonardo, the biggest retailer of footwear and leather products in Romania, which went insolvent in the second part of 2009, with EUR100 million in debts, is resuming expansion, having opene...
eMAG Opens Service Company: First External Client Is Samsung’s Local Subsidiary
eMAG, the biggest IT&C retailer on the Romanian market, has turned its service department into an independent company, which it wholly owns, that will provide repair services for products so...
Oltchim Returns to Pre-crisis Turnover
Chemical plant Oltchim Ramnicu-Valcea (OLT.RO), run for over 20 years by Constantin Roibu, has in the first quarter of this year reached turnover of 464.7 million lei (EUR110 million), 93% m...
Romania Likely To Spend Just 38% of EUR20 Billion Structural Funds
At the current pace of attracting European money, Romania will attract only 38% of the EUR20 billion in structural funds available between 2007 and 2013, according to an analysis conducted b...
Romanian Business Starts to Attack Foreign Markets
The recently announced entry of Romanian businessman Gabriel Comanescu onto the Mexican market with two oil platforms shows that Romanian businesspeople are starting to be increasingly inter...
Greek and Dutch Banks Withdrew EUR3 Billion from Romania In 2010
The exposures of Greek and Dutch banks to Romania fell by nearly EUR3 billion last year compared with 2009, according to data published by the Bank of International Settlements (BIS).
Losses of Mandatory Private Pension Managers Deepen
Six of the nine mandatory private pension fund managers (2nd pillar) posted cumulated losses of 48.7 million lei (EUR11.6 million), 64% higher than in 2009.
How BCR Dodged The Bullet
December 20, 2005, at 19:13. Sebastian Vladescu, the then finance minister, announces the result of the biggest privatisation in Romanian history: Austrian group Erste bought the biggest loc...