Reporter
Gabriela Stan
- Fields
- Capital Market, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2014
- Articles
- 3.917
Vulcan SA Seals $10M Deal With Kuwait Oil Company
Romanian steam generator and pump manufacturer Vulcan SA Bucuresti signed a $10 million contract for supplying 270 pumping units to Kuwait Oil Company by December 2017.
Raiffeisen Bank Sees Romania’s GDP Growth At 4.2%, Budget Deficit At 3.6% In 2017
Romania’s economy is expected to grow 4.2% in 2017, inflation is seen at 0.9%, while the budget deficit is forecast at 3.6%, according to Raiffeisen Bank analysts.
Raiffeisen Bank Posts EUR104M Net Profit In 2016
Raiffeisen Bank, owned by Austrian group Raiffeisen, reported a net profit of EUR104 million in 2016, slightly higher compared with 2015, the bank said in a statement Wednesday.
Antares Group Opens EUR1M Factory In Harghita County
Antares group announced Wednesday it will open a new ergonomic chair factory in Harghita county, central Romania, following EUR1 million investments.
Flanco Posts EUR205M Turnover In 2016
Electronics retailer Flanco registered a turnover of RON917 million (EUR205 million) in 2016, up 18% compared with the previous year, the company said Wednesday.
Franklin Templeton Buys 3.3Mln OMV Petrom Shares
Franklin Templeton, manager of Romanian investment fund Fondul Proprietatea (FP.RO) bought 3.3 million OMV Petrom (SNP.RO) shares on March 14, for RON0.296/share, totaling RON1 million.
Press Review - March 15, 2017
One Third Of Employers In Romania Plan To Raise Staffing Levels In April-June A third of companies in Romania forecast an increase in staffing levels in the April-June 2017 interval, accordi...
Agricover Credit IFN Granted Loans Of EUR220M In 2016
Agricover Credit IFN, the lending division of Agricover group, granted loans worth RON988 million (EUR220 million) in 2016, up 4% on the year, the company said in a statement Tuesday.
The world-leading provider of CFD trading partenered with Tradeville for the local market investors
IG Markets Ltd, the world-leading provider of contract for difference (CFDs) trading services, closed a partnership with brokerage house Tradeville at the end of 2016.
Press Review - March 14, 2017
Gap Between Gross And Net Wage Widens The disparity between the gross and the net salary, namely the sum taken by the state from employees’ salaries, has been constantly growing in recent ye...
Romania Open-end Fund Assets Up 0.2% On Month In February
The net assets of Romanian open-end investment funds rose 0.2% to RON22 billion in February, while the growth since the beginning of the year stood at 1.6%, data from the local Association o...
Banca Transilvania Buys Back Shares Worth RON5.5M
Banca Transilvania (TLV.RO), the second largest bank in the Romanian banking system by assets, bought back approximately 2 million shares between March 6 -10, at an average price of RON2.76/...