Reporter
Gabriela Stan
- Fields
- Capital Market, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2014
- Articles
- 3.917
Impact Over The Budget Of VAT Cut At RON18.25B By 2018
The Romanian government estimates the VAT cut to 9% for food products will have an impact over the budget of 18.25 billion lei (EUR4.13 million) by 2018, covered by the additional revenues c...
Bucharest Stocks Open Slightly Higher, Banca Transilvania Up 1.8%
The Bucharest stock market opened higher Wednesday, on traded value worth 1.58 million lei (EUR359.696), supported by trades with Romgaz (SNG.RO), while Banca Transilvania (TLV.RO) rose 1.8%...
Leu Opens Up Vs Euro In Line With Region
Romania’s leu opened higher versus the euro in early session Wednesday, amid low volumes, following the trend of other regional currencies.
Press Review - April 8, 2015
KMG International’s Payment For Petromidia Refinery Postponed For 2016 The representatives of KMG International (former Rompetrol Grup), owned by KazMunayGas, decided, jointly with Romanian...
Constantin: VAT Cut For Food Products To Lower Prices, Boost Consumption
The cut of the value added tax for food products to 9% will lead to lower prices, higher consumption and better collection of state budget revenues, Agriculture Minister Daniel Constantin st...
EximBank 2014 Net Profit Slightly Up To EUR10.5M
Romania’s state-run lender EximBank reported a net profit of RON46.6 million (EUR10.5 million) last year, slightly higher compared with 2013, while its operating profit rose 50% to RON121 mi...
Groupama Switches To Profit In 2014, Revenue Down 1%
Insurance group Groupama Romania underwrote premiums of RON710.6 million last year, down 1% compared with 2013, due to lower revenues on the segment of mandatory car insurance (RCA), and pos...
Leu Slightly Up Vs Euro, Exchange Rate At 4.4169
The Romanian leu slightly gained ground versus the euro by midday Tuesday and the central bank set the leu’s reference rate versus the euro at 4.4169 units, up 0.05% from 4.4192 the previous...
Gebrüder Weiss Romania Turnover Up 11% To EUR44.4M In 2014
Austrian logistics and transport company Gebrüder Weiss reported a turnover of EUR44.4 million in Romania in 2014, up 11% on the year, the company said Tuesday.
Eurobank: Romanian Residential Market Stable, No Sign Of Significant Price Hikes
The price of apartments in Romania fell by an average 2.6%/year in the last five years, with a price stagnation in the last quarter of 2014, so that the residential market will remain stable...
Bucharest Stocks Open Slightly Higher On Low Traded Value
The Bucharest stock market opened higher Tuesday, amid traded value worth 3.04 million lei (EUR688.187), supported by a deal with BRD (BRD.RO).
Symmetrica 2015 Turnover Seen Up 5% To RON77M
Stone paving and curbstone maker Symmetrica estimates its turnover will increase by 5% this year, to over RON77 million (EUR17.3 million), the company said Tuesday.