Reporter
Gabriela Stan
- Fields
- Capital Market, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2014
- Articles
- 3.917
CertAsig Underwritings Up 1% To EUR8.6M In January-September
Romanian insurer CertAsig underwrote premiums of EUR8.6 million in January-September, up 1% on the year, while the company targeted a 25% increase this year, to EUR15 million.
Leu Down Vs Euro, Exchange Rate At 4.4247
The Romanian leu lost ground versus the euro by midday Friday and the central bank’s reference fell 0.11% to 4.4247 units.
Billa Opens New Supermarket In Bucharest
Supermarket chain Billa, part of German retail group REWE, will open Tuesday a new store in Bucharest, reaching a network of 85 units, the retailer said.
Bucharest Stocks Close Flat, Energy Stocks Boost Traded Value
The Bucharest stock market closed flat Thursday, amid traded value worth RON31.21 million (EUR7.06 million), mainly supported by trades with OMV Petrom (SNP.RO) and Romgaz (SNG.RO).
Leu Ends Slightly Down Vs Euro On Low Volumes
Romania’s leu closed slightly down versus the euro Thursday amid low volumes, impacted by the closing of the U.S. markets on Thanksgiving Day.
FP: Power Distributors’ Profitability Seen Down 12.5% After ANRE Changes
The profitability of electric power distributors will drop by 12.5% after the implementation of the changes proposed by the country’s energy watchdog ANRE, according to investment fund Fondu...
PayPoint Romania Fiscal 1H Revenue Up 14% To GBP15.5M
British specialist payments company PayPoint reported a 14.1% increase in revenue at its Romanian unit to GBP15.48 million in the first fiscal semester ended September 30, mainly due to an i...
Leu Stable Vs Euro, Exchange Rate At 4.4199
The Romanian leu was stable versus the euro by midday Thursday and the central bank’s reference remained flat at 4.4199 units, amid a still market.
ANRE Expects No Significant Gas Price Hike For SMEs In 2015
Niculae Havrilet, head of the country’s energy watchdog ANRE, Thursday stated that ANRE does not anticipate a "huge increase" of natural gas price for small and medium-sized enterprises (SME...
Impact Of Industrial Air Pollution In Romania Estimated At EUR25B-EUR80B In 2008-2012
Industrial air pollution in Romania generated, between 2008 and 2012, costs on health and environment of EUR25 billion-EUR80 billion, as thermal power station Turceni is the third biggest po...
Bucharest Stocks Close Slightly Down On Low Traded Value
The Bucharest stock market closed slightly down Wednesday, amid traded value worth RON30.09 million (EUR6.8 million), supported by trades with OMV Petrom (SNP.RO), Banca Transilvania (TLV.RO...
Leu Ends Up Vs Euro On High Volumes
Romania’s leu closed higher versus the euro Wednesday amid high volumes.