Translator RO-EN
Ecaterina Craciun
- Fields
- Companies, Banks-Insurance, Real Estate
- Writing for ZF since
- 2012
- Articles
- 19.828
PAID’s Reinsurance Program Likely To Be Kept At Current Level Of EUR525M
The reinsurance program of Romania’s Pool of Insurance against Natural Disasters (PAID), which sells mandatory home insurance, might be kept at the current level of EUR525 million, Natalia M...
Jumbo Reports Net Sales Of EUR6.2M In Romania In Nearly Six Months Of Activity
The two stores operated by Greek toy retailer Jumbo in Romania generated net sales of EUR6.2 million and net profit of EUR1.4 million throughout nearly six months of activity which ended in...
Ciolos: Romania Can Boost Exports Of Agri-Food Products To Emerging Markets
The increase in food consumption is not expected to reach a high level in the future in Europe, but rather on the emerging markets where Romania could boost exports of agri-food products, Eu...
Biro, ASF: Average RCA Premium In Romania Up 7% On Year In 1Q/2014
The average premium for mandatory car insurance (RCA) policies in Romania rose 7% on the year in the first three months of 2014, said Albin Biro, non-executive member in the management of Ro...
Leonardo Considers Selling Assets, Stock And Tapping New Markets To Pay Off Debts
Romanian footwear retailer Leonardo, undergoing insolvency, plans to sell some of its assets or shares and to enter new markets to be able to pay off its debts to creditors, according to a p...
Bucharest Stocks Close Slightly Up On Higher Volumes
The Bucharest stock market closed modestly higher Monday and its liquidity was boosted mainly by transfers with the shares of Fondul Proprietatea (FP.RO), Romgaz (SNG.RO), Banca Transilvania...
Vegetable Oil Producer Ultex To Be Sold To Moldova-based Trans Oil For EUR10.5M
The shareholders of Romanian insolvent vegetable oil producer Ultex Tandarei have changed the company’s reorganization plan in order to sell its assets to Moldova-based agri-industrial group...
ASF: Bucharest Bourse’s Chronic Lack Of Liquidity May Affect Private Pension Funds
The Bucharest Stock Exchange's chronic lack of liquidity may cause problems to private pension fund managers which, under the law, are required to invest some of the assets in stock trading...
Rewe Romania Plans To Open Over 35 Penny Market Stores In Romania In Next Two Years
Rewe Romania, which operates the local discount store chains Penny Market and XXL Mega Discount, said it plans to open over 35 Penny Market units and a new logistics platform in Romania in t...
World Bank Approves EUR750M Budget Support Loan For Romania
The Board of Directors of the World Bank Group has approved a EUR750 million budget support loan (DPL) for Romania, which targets the modernization of public expenditures and improvement in...
Bucharest Stocks Open Slightly Up In Dull Morning Trade
The Bucharest stock market opened slightly higher Friday, amid low traded values reaching just 2.1 million lei (EUR495,384).
Leu Weakens Vs Euro In Morning Trade
The Romanian leu retreated against the euro in early action Friday, in a quiet market, amid higher trading volumes, banking dealers said.