Reporter
Gabriela Stan
- Fields
- Capital Market, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2014
- Articles
- 3.917
Helios Phoenix Buys Millenium Logistic Park
Industrial park developer Helios Phoenix will buy Millenium Logistic Park, located in Popesti Leordeni town, which will be renamed Olympian Park East Bucharest.
Transelectrica Proposes Dividends At 6% Or 7% Yield From 2016 Profit
Romanian state-run power grid operator Transelectrica (TEL.RO) proposes the payment of gross dividends of RON1.881/share, at a 6% yield, or RON2.257/share, at a 6.6% yield, from last year’s...
Turbomecanica Proposes Dividends At 7% Yield From 2016 Profit
Romanian turbojet parts maker Turbomecanica Bucuresti (TBM.RO) proposes the payment of gross dividends of RON0.0105/share from last year’s profit, totaling RON3.87 million, at a 7% yield, th...
Daimler Invests EUR36M In New Unit In Cugir
Star Transmission, the subsidiary of German group Daimler in Romania, has invested EUR36 million in opening a new production unit in Cugir (Alba County), that produces planetary gears for it...
ASF Supports Takeover Of City Insurance By Swiss Private Investor
Financial Supervisory Authority (ASF) will support the takeover of insurance company City Insurance by Dr. Max Roessler, a private Swiss investor, and will cooperate both with the company an...
Romania Borrows EUR60M From IBRD For Justice Services Improvement Project
Romania will borrow EUR60 million from the International Bank for Reconstruction and Development (IBRD) for a project targeting the improvement of justice services.
Turkish Group Arcelik To Build EUR200M Plant In Southern Romania
Turkish group Arcelik, the owner of local household appliance maker Arctic, will build a new plant in Ulmi, southern Romanian county of Dambovita, following investments of approximately EUR2...
AmCham Names New President
Jaak Mikkel, General Manager of Coca-Cola HBC was elected as the new President of AmCham for a one-year mandate, following AmCham Annual General Meeting on March 22.
Romanian Leu Gains Ground Vs Euro, US Dollar
The Romanian leu strengthened versus the euro and the US dollar by midday Thursday.
Enel To Pay EUR401M Debt To Romanian State In One Tranche This Year
Italian utility group Enel said it will pay this year the EUR401 million debt that the International Court of Arbitration ruled it has to pay to the Romanian state for the minority stake in...
Smart Bill Posts Sales Of Over EUR1M In 2016
Smart Bill, provider of billing and management accounting solutions, reported a turnover of over EUR1 million in 2016, one year after the investments from Catalyst Romania and Gecad Group.
Conpet Ploiesti Proposes Dividends At 17% Yield
State-run oil transporter Conpet Ploiesti (COTE.RO) proposed the payment of dividends worth RON70 million, namely 91% of last year’s profit, the company said in a statement to Bucharest Stoc...