Reporter
Gabriela Stan
- Fields
- Capital Market, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2014
- Articles
- 3.917
Garanti Romania Profit Up 8% To RON98.5M In January-September
Garanti Romania group posted a net profit of RON98.5 million in January-September, up 8% on the year, while its assets rose 10% to RON9.5 billion, the company said in a statement Tuesday.
Fondul Proprietatea Profit Down 22% To RON793M In January-November
Investment fund Fondul Proprietatea (FP.RO) reported a profit of RON793 million (EUR178.4 million) in January-November, down 21.6% from the record profit of RON1.01 billion posted in the sam...
Shareholders Of Bucharest Stock Exchange Elected New Board Of Directors
Shareholders of Bucharest Stock Exchange (BVB.RO) on Monday elected a new Board of Directors, as the mandate of the current board expires at the beginning of next year.
Gealan 2015 Sales Seen Flat At EUR20M
Window PVC profile maker Gealan Romania will end 2015 with sales of EUR20 million, similar to last year’s turnover, the company said in a statement Monday.
Continental Completes EUR10.5M Investment In Tire Factory To Reduce Smell
Continental Anvelope Timisoara, part of German auto group Continental, has completed a EUR10.5 million investment in a system that reduces the smells eliminated in the production process, th...
Swiss Automotive Group Buys A 51% Stake In Autonet
Swiss Automotive Group, one of the largest European independent provider of car parts, will buy a 51% stake in the leading local provider of car parts, Autonet, the company said in a stateme...
Omniasig Posts 20% Higher Underwritings In January-September
Insurance company Omniasig Vienna Insurance Group (VIG) underwrote gross premiums of RON694.31 million in January-September, up 19.5% on the year, due to a 26% growth on the car insurance se...
Mega Image Closes Three Stores, Opens Four New Units
Supermarket chain Mega Image closed down three stores in Bucharest, due to seismic risk, and opened another four new units, reaching 457 units on the Romanian market, the retailer said Monda...
Dacia Upgraded 40 Local Showrooms In Over EUR500,000 Investment
Romanian carmaker Dacia, owned by France's Renault, has invested over EUR500,000 to modernize 40 showrooms, accounting for over a half of its local network, between June 2014-December 2015.
Eurostat: Romania Ranks Last In EU By Online Shopping In 2015
Romania ranks last in European Union by online shopping this year, while 1 out of 2 persons in the EU purchased online in 2015, according to Eurostat data.
Olteanu, BNR: Banks Should Find Solutions Together With Clients To Avoid Law On Giving In Payment
Banks should find solutions together with their clients who face loan payment issues, not only on a declarative level, as their rigidity triggered a legislative intervention through the draf...
Leu Drops To 11-Month Low Of 4.5025 Vs Euro
The Romanian leu lost ground versus the euro by midday Thursday and the central bank set the leu’s reference rate versus the euro at 4.5025 units, down 0.34% from 4.4873 the previous day and...