Reporter
Gabriela Stan
- Fields
- Capital Market, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2014
- Articles
- 3.917
Leu Up Vs Euro, Exchange Rate At 4.4147
The Romanian leu extended its earlier gains versus the euro by midday Thursday and the central bank’s reference won 0.22% to 4.4147 units, the strongest rate since end-July.
Company Operating Tarnita Hydropower Plant Exempted From Payment of Several Taxes
The company that will operate the future hydropower plant in Tarnita-Lapustesti, worth over EUR1 billion, will be exempted from the payment of several taxes and tariffs, according to an ordi...
Biofarm To Buy Back 10% Of Own Shares By Public Offering
Romanian pharmaceutical producer Biofarm (BIO.RO) will buy back up to 10% of its own shares by public offering, at a price of RON0.305/share, thus, the value of the offering might reach RON3...
Romanian Antitrust Watchdog Looks Into Takeover Of bauMax By Leroy Merlin
Romanian antitrust authorities are looking into the takeover of the 15 stores owned by Austrian DYI retailer bauMax on the Romanian market by French group Groupe Adeo SA, which also owns DYI...
Bucharest Stocks Open Slightly Down, Biofarm Up
The Bucharest stock market opened slightly lower Thursday, amid low traded value, barely reaching 1.16 million lei (EUR262.713), while Biofarm share rose after the company announced it will...
Leu Opens Up Vs Euro On High Volumes
Romania’s leu edged higher against the euro in early session Thursday, amid high traded volumes, triggered most likely by the cmpanies' sale of foreign currency.
Press Review - August 21, 2014
Romanian Consumers’ Confidence Up In April-June For Third Consecutive Quarter Romanian consumers’ confidence rose in April-June for the third consecutive quarter, nearing the European averag...
Strauss Coffee Posts 6% Lower Sales In 1H
Israeli group Strauss Coffee, the producer of coffee brand Doncafe in Romania, reported 6% lower sales in the first six months, to 107 million shekels (EUR22.8 million), from 114 million she...
Groupama Romania 1H Underwritten Premiums Down 10.8% To RON324.1M
Groupama Romania underwrote premiums of RON324.1 million in the first six months, down 10.8% on the year, due to the voluntary and temporary reduction on the segment of mandatory car insuran...
Nielsen: Romanian Consumers’ Confidence Index Nears European Average
Romanian consumers’ confidence rose in April-June for the third consecutive quarter, nearing the European average, as Romania ranks 18th of 32 countries by consumer confidence index, which m...
Bucharest Stocks Open Flat On Low Traded Values
The Bucharest stock market opened flat Wednesday, on low traded value, worth 586.200 lei (EUR132.226 million).
Leu Strengthens Vs Euro In Early Trade
Romania’s leu opened higher against the euro Wednesday, at 4.4253, from 4.4285 per euro at Tuesday close.