Reporter
Gabriela Stan
- Fields
- Capital Market, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2014
- Articles
- 3.917
Leu Up Vs Euro, Exchange Rate At 4.4216
The Romanian leu gained ground versus the euro by midday Wednesday and the central bank set the reference rate at 4.4216 units, up 0.59% from 4.4478 the previous day, amid high volumes.
GfK: Romanians Confident Of Income Growth, Willingness To Buy Still Low
Romanians are confident that their income prospects would improve but this has not yet had a major impact on willingness to buy, as Romanian consumers need all their available income for eve...
Bucharest Stocks Open Flat, BRD And Banca Transilvania Boost Traded value
The Bucharest stock market opened down Wednesday, amid traded value worth 15.61 million lei (EUR3.5 million), while investors focused mainly on BRD - Groupe Societe Generale (BRD.RO) and Ban...
Leu Opens Slightly Up Vs Euro On Low Volumes
Romania’s leu opened slightly higher versus the euro in early session Wednesday, amid low traded volumes.
Press Review - February 25, 2015
President Klaus Iohannis Pays First Official Visit To Republic Of Moldova President Klaus Iohannis has paid his first official visit to the Republic of Moldova, which was delayed by one mont...
Fiscal Council: New Tax Code Measures Highly Stimulate Demand, Trigger Imbalances
Romania would rather need fiscal relaxation measures in terms of supply, by cutting social security tax, instead of measures to stimulate demand by cutting VAT and excise duties, which will...
Romanian Leu Slightly Up Vs Euro, Exchange Rate At 4.4478
The Romanian leu slightly gained ground versus the euro by midday Tuesday and the Romanian central bank set the leu’s reference rate versus the euro at 4.4478 units, up 0.1% from 4.4521 the...
Administrators Expect Oltchim Sale By Yearend
Creditors of Romanian insolvent chemical company Oltchim SA (OLT.RO) will discuss the reorganization plan in March, which includes the sale for EUR307 million, according to lawyer Gheorghe P...
Electrica Targets Energy Distribution Market In Moldova
Romanian state-run power distributor Electrica (EL.RO) plans to enter the energy distribution market of the Republic of Moldova through an acquisition but such a decision depends on the pro-...
BCR Pensii To Switch To Profit In 2015
Pension fund BCR Pensii plans to switch to profit in 2015, after posting losses every year since it was established, in 2007, general manager Lucian Anghel said Tuesday.
BCR Pensii 2014 Assets Up 41% To RON1.3B
Pension fund BCR Pensii reported net assets worth 1.3 billion lei (EUR292 million) in 2014 on mandatory (Pillar II) and voluntary (Pillar III) private pension segments, up 41% on the year, a...
Bankrupt Residential Compound American Village Put Up For Sale For EUR9.3M
Bankrupt residential compound American Village in northern Bucharest, developed by Mainrom Invest, was put up for sale at a starting price of EUR9.3 million, representing 35% of the debts to...