Romania: An excellent place for banks…
Cyprus bank is a bank coming from Cyprus, the first one from there which started operations in Romanian market. As you can see in this text, very soon it became profitable, as the whole business environment in this country is almost ideal for a serious bank to enter and develop.
http://www.zf.ro/articol_174757/bank_of_cyprus_derives_profit_in_romania.html

I totally agree with mr Serban Toader, senior partner of KPMG
A Romanian gentleman who has a clear view to the real market’s situation. Mr Toader from KPMG says loudly what almost everyone discusses in private, in daily basis.
http://www.zf.ro/articol_174761/kpmg__entrepreneurs_risk_success_fatigue.html

Cocor (future super luxury Mall): Lots of money for the biggest LED screen system in Continental Europe
Most of you probably know magazine Cocor, close to Unirii Square. This old place is under a heavy renovation now, because starting with autumn next year it will host one of the most luxurious Malls in South-eastern Europe (its owners say the most luxurious, but we will wait to see and we will be happy to agree with them, if the result will be good).
My company, MORE International Invest, collaborates with Cocor, so as to promote it to luxurious brands from clients we represent. I have to say that their plans are really impressive and you can read here about the biggest LED television in Europe, which will be installed in the façade of the building.
http://www.zf.ro/articol_174908/cocor_rents_facade_for_1_2m_euros_a_year_after_renovation.html

When intelligent Romanians expand in western Europe…
Jolidon is one of the biggest players in the domestic market of underwear. My female readers here in Romania know it and the impressive figures of the company show that they choose it. The owner of the company has already expanded in Hungary and now he has bought a company in Italy. What else to say than a big “bravo” to someone who shows to us the future of the healthy serious Romanian companies: The conquest of western markets…
http://www.zf.ro/articol_174755/jolidon_buys_another_italian_lingerie_producer.html

How Romanians save their money…
Here you have the latest stats regarding the way that Romanians choose to deposit their money in the bank. It is normal to find out that the city with the biggest deposits is Bucharest, following Cluj. What could be a surprise for some foreigners is the fact that the citizens of the Capital prefer saving their money in euro, than the local currency, ron. Let me tell you something upon this matter. When the majority of the population wants to have a salary connected to euro, then its normal to save euro. Also, there are still many people who keep at home all their money. You don’t believe me? I used to have many people in my company who were receiving their salary or bonuses and automatically they were exchanging it to euro.
http://www.zf.ro/articol_174456/bucharesters_prefer_savings_in_foreign_currency.html

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