Reporter
Anca Baltatescu
- Fields
- Energy, Real Estate, Capital Market
- Writing for ZF since
- 2011
- Articles
- 16
Romanian Shares Close Down, SIFs Stay In The Green
The Bucharest bourse closed Friday below par, on lowered trading values, while four of the five regional investment funds, or SIFs, managed to stay in the green.
Romanian Leu Strengthens Vs Euro, Exchange Rate At 4.0966
The Romanian leu kept its gains versus the euro mid-session Friday, and the central bank’s reference strengthened to 4.0966 units, from 4.1021 in the previous session.
Bucharest Apartment Rents Fall By Up To 14% In 1Q - Survey
The rents for apartments in Romania’s capital city Bucharest dropped by up to 14% in the first quarter compared with the same period of 2010, with the largest fall in case of 3-room flats, a...
VIG Pretax Pft In Romania Rises 18% In 2010, At EUR28.5M
Vienna Insurance Group, or VIG, Thursday reported a 17.9% increase in its profit before taxes in Romania in 2010, to EUR28.5 million, despite a 13% fall in its premium revenue to EUR528.1 mi...
InterAgro To Shut Down 2 Romanian Chemical Plants In April
InterAgro Group, owned by Romanian businessman Ioan Niculae, will close down its chemical plants from Turnu Magurele and Slobozia starting April 1, and, respectively April 8, blaming the aut...
Romania’s UniCredit Tiriac Bank Appoints New Corporate VP
Romanian lender UniCredit Tiriac Bank appointed Marco Esposito, corporate head at UniCredit’s Bulgarian subsidiary, as vice-president in charge with the corporate division starting April 1.
Zentiva Romania Sees 14% Lower Net Pft In 2011, At RON49.4M
Romanian generic drug maker Zentiva Bucuresti (SCD.RO) forecasts a net profit of 49.4 million lei (EUR1=RON4.0881) for 2011, down 14% on the year, on lower sales, the company said in a state...
Romanian Cominco Appoints New General Manager
Romanian construction company Cominco Bucuresti (COBS.RO) appointed Ciprian Ungureanu as the new general manager starting Thursday, replacing Florin Camarasu, who resigned from the position,...
Romania’s OMV Petrom Sees 2011 Net Pft Up 30% At RON2.3B
Romanian oil company OMV Petrom (SNP.RO) forecasts a net profit of 2.316 billion lei (EUR1=RON4.0881) for 2011, up 29.3% on the year, despite lower sales, the company said in a report Friday...
Romanian Nuclear Pwr Plant Cernavoda Operates Safely - Manager
Romania’s sole nuclear power plant in Cernavoda functions in good safety conditions for both environment and people, with all spare parts being bought according to law requirements, the plan...
A 12.7% Stake In Romanian Prodplast Imobiliare Sold On Sibex For RON14.7M
Several stakes totaling 12.7% in Romanian property company Prodplast Imobiliare (PPLI.RO) were sold Monday on the alternative trading system of the Sibiu bourse Sibex for 14.7 million lei (E...
Bechtel, Two Consortia Aim Building 2 Nukes At Romanian Plant
US constructions group Bechtel International and two other consortia sent EnergoNuclear letters of intent for the construction of two reactors at Romania's sole nuclear power plant in Cernav...