Reporter
Gabriela Stan
- Fields
- Capital Market, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2014
- Articles
- 3.917
Press Review - January 5, 2016
Nextebank Interested In Banca Comerciala Carpatica Again Nextebank submitted a non-binding bid to Banca Comerciala Carpatica (BCC), on the last day of 2015, in order to subscribe within a sh...
Bucharest Stock Exchange Yield Fivefold Lower In 2015, At 3%
Bucharest Stock Exchange brought a 3.1% yield to investors last year, slightly higher than the banking interests, but nearly fivefold lower than in 2014, highly impacted by external factors,...
Banca Transilvania, Volksbank Complete Merger
Romanian lender Banca Transilvania (TLV.RO) on Monday said it completed the merger with Volksbank Romania, adding that 10% of its 2.2 million clients and 400 of the 7,300 employees come from...
Saint-Gobain Halts Glass Mineral Wool Production At Ploiesti Plant
Saint-Gobain on Monday halted glass mineral wool production at its Ploiesti-based plant for an undetermined period of time due to the impact of the financial crisis over the construction sec...
Press Review - January 4, 2016
2016, A Year Of Financial Change For Romanians In financial terms, 2016 is a year of change for all Romanians, as the government has already prepared several measures with major impact on Ro...
First Home Program Gets RON1.5B For Guarantees Next Year
Next year's government-guaranteed mortgage lending First Home program will have a guarantee budget of RON1.5 billion, according to a government decision.
CFR SA Draws EUR700M Funds From EC For Infrastructure Upgrades
Romania's state-owned railway operator CFR SA signed four financing contracts totaling EUR689 million with the European Commission for the modernization of railway infrastructure, targeting...
Leu Falls Vs Euro, Exchange Rate At 2-Year Low Of 4.5381
The Romanian leu lost ground versus the euro by midday Tuesday and the central bank set the leu’s reference rate versus the euro at 4.5381 units, down 0.27% from the previous day and the low...
Energy Holding CE Hunedoara Files For Insolvency
The Board of Directors of state-run energy holding Complexul Energetic Hunedoara decided on Monday, after the working visit of Energy Minister Victor Grigorescu, to file for voluntary insolv...
Energy Minister Asks CE Hunedoara Management To Take Measures To Avoid Bankruptcy
Energy Minister Victor Grigorescu, who is paying a working visit to state-run energy holding Complexul Energetic Hunedoara on Monday, said the company’s situation is “disastrous” and asked t...
Decathlon To Open Its 17th Store In Romania On December 29
Sporting goods retailer Decathlon will open its 17th store in Romania, on December 29, near Ikea store in Bucharest, the company said in a statement Thursday.
RCS&RDS Invested Over EUR2.2M In Data Transport Network
Telecom operator RCS&RDS has invested over EUR2.2 million in its data transport network to boost data transfer speed, the company said in a statement Thursday.