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ZF newsroom

ZF English

Fields
Banks-Insurance, Macroeconomics, Retail&Consumer
Writing for ZF since
2009
Articles
243
Banks-Insurance

Hundreds Of Romanians Are Shareholders Of BMW, Mercedes, Orange, Louis Vuitton Without Knowing It

Eight out of the nine privately-managed mandatory pension funds (2nd pillar) have for the first time since their launch published a detailed structure of their investments.

ZF English · 05.05.2011 · 08:50 · 1 min
Technology &Telecoms

Orange: At Worst We Might Sell Or Merge With A Rival

Gervais Pellissier, CFO of France Telecom, the owner of Orange Romania, one of the biggest local companies, caused a stir on the entire market on Tuesday by announcing a review of the Romani...

ZF English · 05.05.2011 · 08:31 · 1 min
Automotive

Sandero is More Expensive in Romania Than in Spain and Italy

Sandero cars are more expensive in Romania than in countries with a four times higher GDP per capita and four times higher wages, such as Spain, Italy and Germany.

ZF English · 04.05.2011 · 14:18 · 1 min
Energy

New Wave of Wind Farms: CEZ and Enel to Start Over EUR700M Worth of Plants

Czech-held CEZ and Italian-held Enel, two of the largest European energy groups present in Romania, say they will start work on wind power projects worth over EUR700 million, with the two co...

ZF English · 04.05.2011 · 11:00 · 1 min
Banks-Insurance

BNR Becomes Arrears Watchdog: It Has to Monitor and Audit Finance Ministry Pans to Reduce Debt

Romania's central bank is required to monitor and audit the application of the Finance Ministry's strategic plans to reduce arrears incurred by the local authorities and by state-controlled...

ZF English · 04.05.2011 · 11:00 · 1 min
Real Estate

Liquidation Price For My Dream: EUR130,000/Apartment

Residential complex My Dream Residence in Pipera (northern Bucharest), developed by Turkish-held Plus Development, has been sold at an auction for EUR16.7 million, which amounts to an averag...

ZF English · 04.05.2011 · 11:00 · 1 min
Capital Market

Best Performing Mutual Funds After Four Months

The bet on the shares of the five financial investment companies (SIFs) saw BCR Expert equity fund climb to no.1 among the top-performing mutual funds, with a yield of 16.6% in the first fou...

ZF English · 04.05.2011 · 09:00 · 1 min
HR

Mihai Ghyka's Post-Bergenbier Plans Don't Include Entrepreneurship

Mihai Ghyka, one of the best-known Romanian executives, has resigned as general manager of beer producer Bergenbier after a term of just one year and four months, and has been replaced by Je...

ZF English · 04.05.2011 · 09:00 · 1 min
Social/Politics

Former Labor Minister Paul Pacuraru Acquitted In Corruption Trial

Romanian former labor minister, liberal Paul Pacuraru, and former liberal MP Dan Ilie Morega have been acquitted by the criminal section of the High Court of Justice in a corruption trial.

ZF English · 03.05.2011 · 13:53 · 1 min
Former Youth Minister Monica Iacob Ridzi Indicted For Abuse Of Office
Social/Politics

Former Youth Minister Monica Iacob Ridzi Indicted For Abuse Of Office

Romanian anticorruption prosecutors on Tuesday indicted former Youth and Sports Minister Monica Iacob Ridzi in a corruption file where she is charged with abuse of office.

ZF English · 03.05.2011 · 13:51 · 1 min
Banks-Insurance

Fighting to Attract Customers, Bankers Become More Tolerant Towards Late Payers

Customers with overdue payments the past year, but who later paid their dues, now find it easier to get a new loan than in the past because, in their search for new customers, bankers have b...

ZF English · 03.05.2011 · 11:00 · 1 min
Social/Politics

New Labor Code Takes Effect, Illegal Work Punishable By Prison

Romania’s new Labor Code, pushed through the Parliament through a vote of confidence early March, takes effect Sunday and employers risk prison sentences for using illegal labor.

ZF English · 01.05.2011 · 19:05 · 1 min