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ZF newsroom

ZF English

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

Garanti: We Prefer To Grow Organically In Romania

Garanti, one of Turkey's biggest financial groups, prefers an organic growth in the future on the Romanian market after last year it turned the local branch into a subsidiary licensed by the...

ZF English · 19.05.2011 · 23:54 · 1 min
Vimetco Aims To Raise Alro's Free-float And Attractiveness Through SPO
Capital Market

Vimetco Aims To Raise Alro's Free-float And Attractiveness Through SPO

The Vimetco group, held by Russian businessman Vitaly Machitsky, surprised the Bucharest market with its intention to sell 21% of its shares in aluminum smelter Alro (ALR.RO) via a secondary...

ZF English · 19.05.2011 · 23:50 · 1 min
Real Estate

Marius Locic Renders Residential Compound Insolvent

Locic Residential, controlled by businessman Marius Locic, under investigation in a corruption case alongside Catalin Voicu, Costel Casuneanu and Florin Costiniu, went insolvent at the begin...

ZF English · 19.05.2011 · 23:37 · 1 min
Companies

Beneficiaries Of EU Funds: We Need A White List Of Good Consultants

Putting together a "white list" of consultants and experts in drawing up and implementing projects financed with EU funds based on past experience could be one of the measures that would lea...

ZF English · 19.05.2011 · 23:33 · 1 min
Romania Joins Group That Sets New Financial Order In Europe
Capital Market

Romania Joins Group That Sets New Financial Order In Europe

Adriana Tanasoiu, general manager of the Central Depository, was selected in the Securities and Markets Stakeholder workgroup, part of the European Securities and Markets Authority (ESMA), a...

ZF English · 19.05.2011 · 23:30 · 1 min
OTP Bank Romania Returns To Profit
Banks-Insurance

OTP Bank Romania Returns To Profit

OTP Bank Romania, the domestic subsidiary of Hungary's biggest financial group, managed to return to profit with some EUR0.5 million result in the first quarter of 2011, after having piled u...

ZF English · 19.05.2011 · 17:35 · 1 min
Banks-Insurance

Basescu: New IMF Loan Deal Is 100% A Romanian Government Program

President Traian Basescu on Thursday dismissed any claims that the International Monetary Fund would be a "God's whip" above the Romanian Parliament and Government, insisting the local autho...

ZF English · 19.05.2011 · 12:28 · 1 min
Citibank Romania Posts Double Profit In 2010, At EUR22M
Banks-Insurance

Citibank Romania Posts Double Profit In 2010, At EUR22M

Citibank Romania, the local subsidiary of American financial giant Citigroup, ended 2010 with a net profit of around EUR22 million, almost double the 2009 result, according to Romanian accou...

ZF English · 19.05.2011 · 00:43 · 1 min
Former Basketball Player Produces Sports Equipment For 15 Teams
Retail&Consumer

Former Basketball Player Produces Sports Equipment For 15 Teams

Mircea Barna, an entrepreneur of Cluj, former captain of the national basketball team, decided almost 15 years ago that giants such as Nike, Adidas, Puma or Lotto can have a domestic rival i...

ZF English · 19.05.2011 · 00:35 · 1 min
Primola Maker Sees 20% Higher Turnover and Rising Profit
Retail&Consumer

Primola Maker Sees 20% Higher Turnover and Rising Profit

Supreme Chocolat, the producer of Primola chocolate, forecasts improved financial results for 2011 though, according to market players, Romanians' appetite for sweets is still very low, with...

ZF English · 19.05.2011 · 00:24 · 1 min
Best Distribution: In 3 Years, Games Sales Will Shift From PC To Consoles
Technology &Telecoms

Best Distribution: In 3 Years, Games Sales Will Shift From PC To Consoles

More than half of the video games sold in Romania are PC games, while in the Western markets the biggest weight is held by console games. In the next three years, though, the domestic games...

ZF English · 19.05.2011 · 00:19 · 1 min
Retail&Consumer

Turdean, Farmec: Cosmetics Sales Started Recovery As Early As Last Year

Mircea Turdean, general manager and shareholder of Cluj-Napoca-based Farmec, the biggest wholly Romanian-owned cosmetics maker, says spending on cosmetics products started to rebound as earl...

ZF English · 19.05.2011 · 00:13 · 1 min