Curs BNR — 13.11.2026 EUR 5,3498 USD 4,8428 GBP 6,4023

Reporter

Gabriela Stan

Fields
Capital Market, Retail&Consumer, Banks-Insurance
Writing for ZF since
2014
Articles
3.917
Capital Market

ING Bank Sees Romania’s GDP Growth At 4.1%, Inflation At 1.1% In 2017

Romania’s economy is expected to grow 4.1% in 2017, inflation is seen at 1.1%, while the Romanian leu could strengthen versus the euro, according to ING Global Economic Forecasts.

Gabriela Stan · 13.03.2017 · 18:54 · 1 min
Cosmetic Plant In Search Of New Markets In Middle East And Asia
Retail&Consumer

Cosmetic Plant In Search Of New Markets In Middle East And Asia

Romanian cosmetics producer Cosmetic Plant, based in Cluj-Napoca, plans to boost exports this year, thus it will continue to attend the most important international fairs and exhibitions in...

Gabriela Stan · 13.03.2017 · 17:56 · 1 min
Diverta Opens New Store, Reaches 27 Units
Retail&Consumer

Diverta Opens New Store, Reaches 27 Units

Diverta, the largest integrated retailer in the field of books, stationery and toys, will open Wednesday a store in City Park shopping mall, Constanta city, thus reaching a 27-unit network.

Gabriela Stan · 13.03.2017 · 14:05 · 1 min
Romanian Leu Weakens Vs Euro, Strengthens Vs US Dollar
Capital Market

Romanian Leu Weakens Vs Euro, Strengthens Vs US Dollar

The Romanian leu weakened versus the euro and strengthened versus the US dollar Monday.

Gabriela Stan · 13.03.2017 · 13:50 · 1 min
Banks-Insurance

Visa: Card Payments For Local Taxes Rose 50% To RON360M In 2016

The value of local taxes paid by card rose by nearly 50% last year, to over RON360 million, due to the doubling of online transactions and the expansion of the payment networks, according to...

Gabriela Stan · 13.03.2017 · 13:18 · 1 min
German Group Preh Opens Representative Office In Iasi
Automotive

German Group Preh Opens Representative Office In Iasi

German car part maker Preh, a supplier of Porsche, Daimler, Audi or BMW, will open next week a representative office in Iasi city, eastern Romania, with 50 employees.

Gabriela Stan · 12.03.2017 · 11:50 · 1 min
Bittnet Systems Hikes Share Capital To RON1.45M
Technology &Telecoms

Bittnet Systems Hikes Share Capital To RON1.45M

IT training services provider Bittnet Systems (BNET.RO), listed on the alternative trading system (AeRO) of the Bucharest Stock Exchange, hiked its share capital by 1,000,974 shares with a f...

Gabriela Stan · 10.03.2017 · 15:57 · 1 min
Companies

Sonaca Opens Wing Component Plant In Cluj Following EUR12M Investments

Belgian aerospace company Sonaca on Friday opened a wing component plant in northwestern Romanian city of Cluj, following investments of nearly EUR12 million.

Gabriela Stan · 10.03.2017 · 15:45 · 1 min
Banks-Insurance

BT Analyst: Inflation Dynamics Seen At 1.5% In 2017, 2.7% In 2018

Annual inflation dynamics accelerated to 0.2% in February to the highest level since spring 2015 (before the VAT rate cut on food products from 24% to 9%), on the backdrop of the stimulation...

Gabriela Stan · 10.03.2017 · 13:25 · 1 min
ING Romania CEO: People Who Took Out Loans Under First Home Program More Vulnerable To Interest Hike
Banks-Insurance

ING Romania CEO: People Who Took Out Loans Under First Home Program More Vulnerable To Interest Hike

People who borrowed money to buy a home under government-guaranteed mortgage lending First Home program are more vulnerable to a potential interest hike in the future compared with those who...

Gabriela Stan · 09.03.2017 · 14:19 · 1 min
Leu Strengthens Vs Euro, US Dollar And Swiss Franc
Capital Market

Leu Strengthens Vs Euro, US Dollar And Swiss Franc

The Romanian leu strengthened versus the euro by midday Thursday and the Romanian central bank set the leu’s reference rate versus the euro at 4.5456 units, up 0.12% from 4.5512 the previous...

Gabriela Stan · 09.03.2017 · 13:56 · 1 min
CITR: Companies In Industrial, Construction Sectors On Top Of Insolvencies In 2017
Companies

CITR: Companies In Industrial, Construction Sectors On Top Of Insolvencies In 2017

Industrial sector ranks first among the economic sectors affected by insolvency in 2017, accounting for approximately 54% of the total insolvencies registered countrywide, followed by constr...

Gabriela Stan · 09.03.2017 · 13:49 · 1 min