ZF newsroom
Tudor Ioana Raluca
- Fields
- Retail&Consumer, Social/Politics, Automotive
- Writing for ZF since
- 2011
- Articles
- 853
Merica, Romanian-German Chamber Of Commerce: Bank Fees In Romania Much Higher Than In Germany
Banks in Romania continue to charge fees for the administration of the current account, and they remain high, while in Germany there are banks with zero fees, said Radu Merica, president of...
Petrom Gains RON4B On Stock Exchange In A Month
The shares of Romanian oil-company OMV Petrom (SNP.RO) have returned to the spotlight after several major transactions have been sealed, in which significant stakes were transferred as cash...
Bogdan Enoiu Invests EUR4M In Solar Park In Southern Romania
Bogdan Enoiu, who runs communication group BV McCann Ericskson Romania, is close to finalizing a EUR4 million investment in a solar park located close to Ploiesti, southern Romania.
Car Market Returns To 2000 Level
Car sales fell by almost 25% in 2012, to around 71,000-72,000 units, according to car market players, the lowest level in 12 years.
Former Xerox Manager To Run IBM Romania
U.S. company IBM, the world’s largest provider of IT services, recruited Valeriu Nistor, former general manager of Xerox Romania and then of Xerox Austria, to run the Romanian subsidiary of...
Culita Tarata Invests EUR8M In 40,000 Grain Storage Silo By The Danube
TCE 3 Brazi, with turnover of around EUR100 million from agriculture, livestock farming and the wood industry, has completed a EUR8 million investment in a large-size silo with a capacity of...
RBS, Citi And Bank Of Cyprus Step Up Talks To Sell Portfolios
The new banking year starts with stepped-up negotiations for the sale of business portfolios; the main sellers are RBS, Citibank and Bank of Cyprus, sources on the market say.
Top 100 Most Powerful Executives In Romania
The 100 most powerful executives in the Romanian economy run companies with a cumulated turnover of more than EUR60 billion in 2011 and are in charge of over 350,000 employees. Their managem...
Major Truck Dealer Files For Insolvency
Dumatrucks, one of the largest truck dealers in Romania, which sells Renault Trucks, filed for insolvency early in December, according to the Bucharest Court website.
Energy Exchange Boasts Three Times Higher Trading Volumes In 2012
The last three months of 2012 were very intense for the bilateral contracts platform of energy exchange OPCOM, with 190 out of the year’s 254 transactions sealed in the period.
Agriculture Contributes EUR15B To GDP In 2012
Agriculture, a sector that accounts for about 6% to 7% of Romania’s gross domestic product every year, contributed EUR15 billion to the economy last year, down 16% from the peak year 2011, a...
Erste Willing To Finance Large Romanian Infrastructure Projects
In the seven years since taking over lender Banca Comerciala Romana (BCR), Austria’s Erste has gained a lot of experience, but the bank it now controls is far from the plan it dreamed up in...