Translator RO-EN
Daniela Stoican
- Fields
- Banks-Insurance, Retail&Consumer, Companies
- Writing for ZF since
- 2011
- Articles
- 176
Roads Authority To Open Almost 100 Km Of Highway In December, Originally Due In April
Romania will inaugurate this month 98 km of highway in the western half of Romania, a project with a total cost of EUR530 million or around EUR5.4 million per km on average.
Octavian Radu Expects Bids For Diverta Sale
Romanian businessman Octavian Radu, the founder of bookstore chain Diverta, said he is in talks with an investor to sell Diverta, but the “door is still open” for other offers.
NHR Agropartners: A Good Tractor Driver Earns EUR1,000 In Romania
Monika Puiu, managing partner of farming equipment distributor NHR Agropartners, which in Romania sells tractors and combines manufactured by Italy’s New Holland, says a good tractor driver...
Turkish Producer Sutas Buys Tnuva Plant
Turkish dairy producer Sutas, a group with turnover of $600 million per year, bought in a complex deal the former plant of Israeli dairy processor Tnuva near Bucharest, which went bankrupt l...
Borza Liquidates Wood Institute, Sells Land
The National Wood Institute, held by AVAS, the authority in charge of privatizing state assets, has been largely liquidated, while a significant part of the land that used to accommodate the...
Ranking Of 15 Largest Banks By Assets In 2012
Banca Transilvania (TLV.RO), the largest Romanian-controlled bank remained the 3rd biggest bank in the system by balance sheet assets for the second year in a row, ahead of state-held CEC Ba...
Restructuring Starts: Banks Cut 4,000 Jobs Last Year
Over 4,000 employees left the Romanian banking system in 2012, with 322 units shutting down and the overall network falling below 6,000 branches and agencies.
Pirelli Makes Tires For Race Cars At Its Romanian Plant
Pirelli has started to manufacture high-technology motorsport tires at its Romanian Slatina plant for GT and GP2 championships race cars, as well as for Formula 1 racing cars.
Largest Money Manager: We Would Be Happy With Corporate Bond Issues Of EUR1B Per Year
Dragos Neacsu, CEO of Erste Asset Management, the largest asset manager on the local market, warns over the shortage of corporate bond offers on the Romanian market, saying he finds it diffi...
Ameropa Sends EUR14.2M Worth Of Romanian Wheat To Jordan
Swiss trader Ameropa, with operations in agricultural raw materials and in fertilizer production on the Romanian market, won an auction to deliver 50,000 tons of wheat to Jordan at a price o...
Romania Ranks Fifth In EU By Newly-Installed Wind Power
Romania ranked fifth in the European Union in terms of newly-installed wind power in 2012, with 923 new MW, following investments of around EUR1.5 billion.
Only Investors Who Bought At 2007’ Highs Failed To Post Profit On Bourse
In the history of the Bucharest stock exchange since its re-establishment in 1995, the only investors who have not recorded positive real returns up to the present are those unfortunate enou...