Reporter
Gabriela Stan
- Fields
- Capital Market, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2014
- Articles
- 3.917
Leu Slightly Up Vs Euro, Exchange Rate At 4.4412
The Romanian leu slightly gained ground versus the euro by midday Friday and the central bank’s reference barely won 0.02% to 4.4412 units.
Romania No Longer Sells Majority Stake In Defense Companies
The Romanian government will no longer sell its majority stakes in companies operating in the defense industry, keeping minimum 50% at their privatization, and will focus on strategic invest...
Bucharest Stocks Close Slightly Down Amid Low Traded Value
The Bucharest stock market closed slightly down Thursday, amid low traded value worth RON20.09 million (EUR4.42 million).
Leu Ends Flat Vs Euro Amid Low Volumes
Romania’s leu closed flat versus the euro Thursday amid low volumes.
European Commission Grants EUR260M For Highway Construction In Romania
European Commission will grant EUR260 million extra funds for highway construction in Romania via the Cohesion Fund, reaching a total EUR439 million.
UK Fashion Retailer Debenhams Returns To Romania, Seeks Managers For Bucharest Stores
British group Debenhams is looking for managers for its new stores in Bucharest, confirming information according to which it will return to the Romanian market.
VB: Companies Should Diversify Financing Sources
Companies should diversify financing sources, get state aid, EU funds, resort to a private partner, besides banks, while bankers should understand the business before providing funds, Romulu...
Parvan, AOAR: SMEs Can’t Find Their Place In Economy
The main issue of small and medium-sized enterprises (SMEs) in Romania is not the money but the organization of the economy, as they need to find their place in the economic system, Cristian...
Leu Down Vs Euro, Exchange Rate Hits 3-Month Low Of 4.4421
The Romanian leu lost ground versus the euro by midday Thursday and the central bank’s reference fell 0.03% to 4.4421 units, the lowest rate since August 12.
Konieczny: Fondul Proprietatea Interested In SIFs If Scraping Ownership Limit
Romanian investment fund Fondul Proprietatea will consider entering the shareholders structure of the five regional investment funds (SIFs), after resuming investments, if the maximum owners...
Volksbank: Entrepreneurs Should Explore Other Markets For Their Business
Entrepreneurs should find new markets for their business as the local market seems oversaturated on certain niches, and be ready to take risks, jointly with banks, Volksbank vice-president B...
Raiffeisen Bank International 9-Month After-Tax Profit In Romania Flat At EUR81M
Raiffeisen Bank International (RBI) posted an after tax profit of EUR81 million in Romania in the first nine months, similar with the same period of 2013, as the effect of higher taxes on co...