Reporter
Gabriela Stan
- Fields
- Capital Market, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2014
- Articles
- 3.917
OMV Petrom To Review 2015 Investment Plans On Crude Oil Price Drop
Romania’s leading oil&gas company OMV Petrom (SNP.RO) announced Thursday that it will review its investment plans for 2015, due to volatile and weaker market fundamentals, such as the decrea...
Bucharest Stocks Close In Red, Dragged Down By Energy Stocks
The Bucharest stock market closed down Wednesday, dragged down by energy stocks such as OMV Petrom (SNP.RO) and Romgaz (SNG.RO), as well as by Banca Transilvania (TLV.RO).
Dacia Sales In Germany Up 8.6% In January-October
New registrations of Dacia cars in Germany increased 8.6% on the year in the first ten months of 2014, to 41,741 units, an almost triple growth rate compared to the overall German car market...
Antitrust Watchdog OKs Takeover Of Promenada Mall By NEPI
The Romanian Competition Council approved the takeover of Raiffeisen evolution’s Promenada Mall by South-African investment fund New Europe Property Investment (NEPI).
Federal-Mogul Invests $20M To Expand Brake Pad Factory In Ploiesti
U.S. Group Federal-Mogul will invest over $20 million in two new production lines at its friction pads factory in Ploiesti, recently taken over from Honeywell.
Completion Of City Business Center Timisoara Postponed 18 Months
Businessman Ovidiu Sandor, developer of office projects City Business Center in Timisoara and The Office in Cluj, will complete the fifth building in Timisoara-based office project next summ...
Leu Stable Vs Euro, Exchange Rate At 4.4192
The Romanian leu was stable versus the euro by midday Wednesday and the central bank’s reference stayed unchanged at 4.4192 units.
Secure Property Completes Takeover Of Danone Headquarters In Bucharest
Cyprus-based Secure Property Development & Investment (SPDI) completed the takeover of the headquarters of French dairy producer Danone in Bucharest, EOS Business Park building, for EUR5.85...
Isarescu: Lowering Public Investments May Be Beneficial On Long Term
The lowering of public investments may be beneficial on long term, if it is based on financial discipline, by removing unrealistic projects and corruption, although it impacts the short-term...
Bucharest Stocks Close Down Amid Low Traded Values
The Bucharest stock market closed down Tuesday, amid low traded value, worth RON29.44 million (EUR6.66 million), with Romgaz (SNG.RO) and Electrica (EL.RO) as top traded stocks.
Retailers: Romanians Have A High Appetite For Discounts
Romanians are looking for discounts throughout the year, not only in the official periods of sales, according to clothing and footwear retailers.
Romania Drops Five Spots In 2014 Prosperity Index
Romania fell five spots and ranks 60 in the 2014 Prosperity Index, outranked by neighbors Bulgaria and Hungary as well as by Mongolia, Kazakhstan, Uzbekistan or Belize, according to British...