Reporter
Gabriela Stan
- Fields
- Capital Market, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2014
- Articles
- 3.917
Major Electricity Consumers To Buy Less Green Certificates
The major electricity consumers will pay for a lower number of green certificates, while natural gas producers will have to sell part of their production on the on the local commodities mark...
Omniasig Vienna Insurance Group Switches To RON4M Profit In 1Q
Omniasig Vienna Insurance Group switched to a net profit of RON3.98 million in the first quarter of the year, while its underwritten insurance premiums fell 13.8% to RON192 million, due to t...
APMGR Asks PM To Intervene In Decision For Differentiated Clawback Tax
The representatives of the Association of Generic Medicine Producers in Romania (APMGR) asked Prime Minister Victor Ponta to get directly involved in removing the institutional deadlock whic...
Europa Capital Sells 150 Apartments In Vitan Residence 2 Project
Europa Capital company, part of Rockefeller group, sold all the 150 apartments in the first stage of residential project Vitan Residence 2 in Bucharest, which will have a total 380 apartment...
Radu Apostolescu Sells Stake In emag.ro To Naspers Group, Iulian Stanciu
Radu Apostolescu, development manager of Romania’s largest online computer and electronics retailer eMAG, decided to sell his stake in the company to shareholders Naspers group and Iulian St...
Bucharest Stocks Close In Green, Banca Transilvania, SIF Transilvania Up By Over 3%
The Bucharest stock market closed 38% higher Tuesday, as larger purchase orders placed in the last two hours increased by over 3% the price of Banca Transilvania (TLV.RO) and SIF Transilvani...
Unirea Shopping Center To Borrow Up To EUR45M For Investments
Shareholders of Unirea Shopping Center (SCDM.RO) decided to take a loan between EUR40 million and EUR45 million for investments in the two shopping centers it owns in Bucharest and Brasov, c...
Romanian Internet Users Spend 5.5 Hours A Day Online -Study
Romanians internet users spend nearly 5.5 hours online every day, mostly reading e-mails, news, and product information, according to a study conducted by UPC and Roland Berger Strategy Cons...
Cosmetic Plant Eyes Up To 10% Higher Turnover In 2014
Romanian cosmetics producer Cosmetic Plant, based in Cluj-Napoca, estimates a 5%- 10% turnover growth for 2014, from EUR1.6 million a year earlier, and plans to extend production capacity by...
Inditex Posts EUR25M Profit In Romania In 2013
Spanish fashion retailer Inditex registered sales of over EUR175 million in Romania in 2013, 16% higher on the year, while its profit was at EUR25 million, the company said in a statement.
Broadband, Worth EUR3.5B Of Romania’s GDP, Might Reach EUR8B In 2018
Broadband, which currently contributes by approximately EUR3.5 million to the local economy, might reach EUR6 billion by 2018, considering the current broadband adoption rate, and EUR8 billi...
UPC Romania Investments Exceed EUR1B So Far
Liberty Global has invested so far over EUR1 billion in the telecom network of cable television operator UPC Romania, and plans to enter the mobile telephony market, Betzalel Kenigsztein, UP...