Reporter
Gabriela Stan
- Fields
- Capital Market, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2014
- Articles
- 3.917
Mega Image Opens Four New Stores; Reaches 350-Unit Network
Retailer Mega Image, part of Belgian group Delhaize, is opening four more Shop&Go convenience stores this week, two in Bucharest and two in Constanta, reaching a 350-store network in Romania...
Bucharest Stocks Close Slightly Down, Erste Falls 5%
The Bucharest stock market closed slightly down Tuesday, while shares of Erste (EBS.RO) fell by almost 5%, generating the highest traded value, worth RON5.64 million.
Fondul Proprietatea Mulls Sale Of Stakes In Enel Romanian Units
Romanian investment fund Fondul Proprietatea (FP.RO) is interested in selling its stakes in Romanian power companies controlled by Italian utility Enel, the fund’s manager, Greg Konieczny, s...
Bucharest Bourse CEO In Talks With Small Business Representatives Over Potential Listing
Bucharest Stock Exchange’s CEO Ludwik Sobolewski met Tuesday the representatives of over 20 small businesses to discuss their potential listing on the bourse’s market for small and medium-si...
Fondul Proprietatea Shareholders OK Renewal Of Franklin Templeton’s Manager Mandate
Shareholders of Romanian investment fund Fondul Proprietatea (FP.RO) decided Tuesday to renew the mandate of Franklin Templeton as sole manager of the fund for a 2-year period starting with...
Leu Slightly Up Vs Euro, Exchange Rate At 4.4019
The Romanian leu rose slightly against the euro by midday Tuesday and the central bank’s reference won 0.02% to 4.4019 units.
CIS: Investors Fear Higher Taxation In 2015 To Offset Social Security Tax Cut
Investors will not assign resources immediately, as 3 months of social security tax cut does not represent a reliable measure, while the private sector fears that in 2015, the state will inc...
Bucharest Stocks Close Higher, BRD Lifts Traded Value
The Bucharest stock market closed higher Monday, supported by companies in energy sector, while the overall trading, worth 57.02 million lei (EUR12.95 million), was 50% covered by deals with...
Government Postpones Gas Price Hike For Household Consumers
Romanian government postponed Monday the gas price increase for household consumers, a measure set for October, by a decision which also stipulates the renegotiation of the calendar on elimi...
Leu Stable Vs Euro, Exchange Rate At 4.4029
The Romanian leu was stable against the euro by midday Monday and the central bank set the official exchange rate at 4.4029 units, almost unchanged from 4.4027 units Friday.
PM: Romania To Operate Second Budget Revision Next Week
Romanian Prime Minister Victor Ponta stated that this year’s second budget revision will be operated next week, adding that the budget revision will be positive.
Bucharest Stocks Close Down, Electrica Hits New Record High
The Bucharest stock market closed down Friday, while shares of Electrica (EL.RO) touched a new record high, exceeding for the first time RON13/share, amid overall trading worth 52.42 million...