Reporter
Gabriela Stan
- Fields
- Capital Market, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2014
- Articles
- 3.917
Leu Down Vs Euro, Exchange Rate At 4.4292
The Romanian leu lost ground versus the euro by midday Tuesday and the central bank’s reference fell 0.1% to 4.4292 units.
Penny Market Opens Two New Stores, Reaches 157 Romanian Stores
Rewe Romania, the local division of German discount retailer REWE, will open two new Penny Market stores Wednesday, in Hunedoara and Teius (Alba county) reaching 157 stores in Romania, the r...
Real Estate Sector Posts Biggest Loss, Oil&Gas Extraction, Most Profitable In 2013 - Study
Real estate development and consultancy, and metalworking are the sectors with the biggest losses, while oil and gas extraction and trade operations were the most profitable in 2013, accordi...
Bucharest Stocks Open Higher Amid Low Traded Values
The Bucharest stock market opened higher Tuesday, amid low traded value, worth 3.96 million lei (EUR897.089), with Romgaz (SNG.RO) and Fondul Proprietatea (FP.RO) accounting for most of the...
Leu Edges Slightly Down Vs Euro On Low Volumes
Romania’s leu opened slightly down against the euro in early session Tuesday, amid low traded volumes.
Press Review - December 2, 2014
Military Parade On National Day Of Romania, On December 1 The military parade organized on the National Day of Romania took place Monday in Constitution Square in Bucharest, and was attended...
Press Review - December 1, 2014
Romanian Government Prepares Third Budget Revision The third budget revision this year will bring extra funds to the budget of the Ministries of Justice, Agriculture, Transports, Education,...
Government To Negotiate With IMF A Deficit Of 2-2.1% Of GDP For Co-financing, Defense
Romanian government will negotiate with the representatives of the International Monetary Fund and European Commission a deficit of 2-2.1% of the GDP for 2015, while the additional 0.6-0.7%...
Cinteza: Romania's Banking System Loss To Exceed RON2B In 2014
The provisions booked by banks via non-performing loans cleanup process triggered a net loss of 1.58 billion lei (EUR35 million) in the banking system in January-September, but losses will e...
Bucharest Stocks Close In Red, OMV Petrom Falls 2%
The Bucharest stock market closed lower Friday, amid traded value worth RON17.48 million (EUR3.95 million), dragged down by OMV Petrom (SNP.RO) shares, which fell by over 2%.
ACUE: A Drop In Power Distributors’ Rate Of Return To Reduce Investments
The decrease of the rate of return (ROR) for electricity distributors, as proposed by the country’s energy watchdog ANRE, will significantly impact their investment strategies, according to...
Profi Opens Four New Stores, Reaches 269 Units In Romania
Discount retailer Profi opened this week four new supermarkets in Bucharest, Alba Iulia, Moreni (Dambovita) and Buhusi (Bacau), reaching 269 stores in Romania, the retailer said Friday.