Companies
Inditex To Hire 250-300 People In 2013
Inditex group, the owner of the Zara brand and leader of the Romanian fashion market will hire 250 to 300 people this year, for a total of almost 1,500, industry sources say.
Investment Fund Palmer Capital Emerging Europe Equity Sells Remaining Stake In Cemacon
Dutch investment fund Palmer Capital Emerging Europe Equity, former MEI Roemenie&Bulgarije Fonds, sold its remaining stake of 7.5% in Romanian brick maker Cemacon (CEON.RO) on the Bucharest...
How The 50 Leading Markets Will Perform In 2013
27 of the 50 markets analyzed by ZF could see rises this year. 18 of them could stagnate, with only 5 sectors expected to decline.
Erste Expects 10% To 15% For Bucharest Stock Exchange In 2013
Erste Group analysts see the Bucharest Stock Exchange having a rather good year in 2013. They expect growth of 10% to 15%, below the potential of the local stock market because of the low li...
Romanian Private Pension Funds Post Yields Of 10% In 2012, Net Assets Top RON10B
Romanian mandatory and voluntary private pension funds posted average yields of 10.5% and 9.96% last year, respectively, and reached total net assets of 10.23 billion lei (EUR2.3 billion) in...
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...
Romanian November PPI -0.9% On Month, +5.4% On Year
Romania’s industrial producer price index fell 0.9% in November compared with a month earlier, on decreasing prices in the mining and manufacturing sectors, the country’s statistics institut...
50 Trends For 2013
Romania's economy will rise 2%. Hidroelectrica will get out of insolvency. Another 150 km of highway will be finalized. Bancpost could merge with Banca Romaneasca. These are just a few of th...
Dairy Maker Olympus Eyes 20% Higher Turnover In Romania In 2013
Greek dairy maker Olympus estimates its sales in Romania will increase by 20% to EUR55 million in 2013 and plans to continue hiring staff at its Romanian plant in Halchiu (Brasov county), wh...