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- Banks-Insurance, Macroeconomics, Retail&Consumer
- Writing for ZF since
- 2009
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- 243
Top 10 Insurers In 1Q
Top 10 Insurers By Market Share At End-March (%)
In Times Of Crisis, Consumers Reconsider Appliance Purchases
In the past two years, Romania's home appliances market has been through troubled times, with declines of hundreds of millions of euros. The purchasing power collapse changed many consumer o...
Bankers Teach Clients To Borrow In Lei By Making FX Loans More Expensive
Bankers have radically changed consumer loan prices after the shock of the leu depreciation of 2008-2009, which reminded them the foreign-exchange risk is not just in books, and at present l...
Billionaire Tiriac Builds Business Center In Victory Square, Bucharest's Prime Office Area
Ion Alexandru Tiriac says there is still demand for office space and that he will start construction work of a 14-floor office building in Piata Victoriei square, at the northern end of the...
BVB Investors: Government Must Fight To List Romtelecom
The listing of Romanian state's stake in Romtelecom, a business that could bring EUR1 billion to the Bucharest Stock Exchange (BVB), is blocked by the provisions of the privatization contrac...
Banks Slow Down Restructuring Process
Expecting the economy to recover, bankers have slowed down even more the restructuring of their territorial networks and number of employees, while the average salary reported by the central...
Interex Due To Arrive In Bucharest
Interex, the only retailer not present in Bucharest, plans to tap into the capital city--the most crowded domestic market, concentrating around a quarter of the total number of stores in mod...
Patriciu Plans To Open 97 New Macro Stores And Rebrand 53 By Yearend
Businessman Dinu Patriciu will invest between EUR150 million and EUR200 million this year in the opening of Macro stores and in rebranding the existing Minimax Discount stores, according to...
Ursus Won't Close Any More Plants
Gary Whitlie, chairman of Ursus Breweries, the biggest player in the Romanian beer industry, is waiting to open in the next few weeks a mini-brewery on the location of a plant that the compa...
Astra: Insurance Market Decline Could Slow Down By Yearend
Insurers are likely to partially recoup in the second half of the year the business they lost in the first quarter, when overall turnover dropped by 150 million lei (EUR36.4 milion) amid the...
Lawyers Expect Higher Revenue After Two Years Of Decline
After two years when few law firms managed to keep growing, in 2011 all the firms that provided information on the revenue trend are expecting to at least stagnate, according to data collect...
Logistic Costs, 10% of Products' Shelf Price, Against 4% in the Netherlands
At least 10% of shelf prices of products in Romanian stores are accounted for by logistic costs, namely transport and storage, compared with 4%-6% in the Netherlands and France, says Robin J...