Reporter
Gabriela Stan
- Fields
- Capital Market, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2014
- Articles
- 3.917
Kimball Electronics To Open Unit In Timisoara
US company Kimball Electronics, provider of electronics for the medical, automotive, and industrial sectors, will open a unit in western Romanian city of Timisoara, its second in Europe besi...
Romanian Banking Association, BNR Agree On Solutions For Swiss Franc Loans
The central bank, banks and the Romanian Banking Association (ARB) on Thursday agreed on measures for loans in Swiss francs, such as maintaining the monthly installment in local currency at...
Romanian Leu Up Vs Swiss Franc, Exchange Rate At 4.2748
The Romanian leu gained ground versus the Swiss franc by midday Thursday and the Romanian central bank’s reference rose 2% to 4.2748 units per Swiss franc, for the fourth consecutive day aft...
OMV Booked EUR140M Provisions For Brazi Power Plant In 4Q
Austrian oil and gas group OMV booked provisions worth EUR700 million in the fourth quarter of 2014, out of which EUR340 million for the operations of Petrol Ofisi in Turkey and EUR140 milli...
PM: Romania To Raise Gross Minimum Wage To RON1,200 In 2016
Romania will raise the gross minimum wage to 1,200 lei (EUR269) in 2016, Prime Minister Victor Ponta stated Thursday.
Bucharest Stocks Close Up, Romgaz Boosts Traded Value
The Bucharest stock market closed higher Wednesday while trades with Romgaz (SNG.RO) covered almost half of the traded value, worth RON74.27 million (EUR16.65 million), the highest value in...
CFR Marfa Revenue Seen At RON877.1M In 2015
Romanian state-owned railway freight carrier CFR Marfa targets revenue worth 877.1 million lei (EUR197.1 million) in 2015, down 21.5% from the level forecasted for 2014, and a gross profit o...
Navrom Galati To Be Delisted From Bucharest Stock Exchange
Romanian river navigation company Navrom Galati (COVG.RO), the biggest company on Rasdaq market, will be delisted from Bucharest Stock Exchange as shareholders did not approve the transfer f...
PM: Government Mulls Cutting VAT For All Products As Of January 2016
The government’s target for this year is to cut value added tax for all products as of January 2016, Prime Minister Victor Ponta told ministers during Wednesday’s government session.
Romanian Leu Up Vs Swiss Franc, Exchange Rate At 4.3632
The Romanian leu gained ground versus the Swiss franc by midday Wednesday and the Romanian central bank’s reference rose 1.4% to 4.3632 units per Swiss franc, for the third consecutive day a...
Cigarette Smuggling Up To 15.9% Of Market In 2014, The Highest Level Since 2011
The cigarette black market in Romania rose last year to 15.9% of the local market, from 13.7% in 2013, reaching the highest average annual level since 2011, according to a study conducted by...
Bucharest Stocks Close Lower, Dragged Down By Fondul Proprietatea, Banca Transilvania
The Bucharest stock market closed down Tuesday amid traded value worth RON36.18 million (EUR8.09 million), dragged down by the shares of Fondul Proprietatea (FP.RO) and Banca Transilvania (T...