Reporter
Gabriela Stan
- Fields
- Capital Market, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2014
- Articles
- 3.917
Energy Department: Tarnita Feasibility Studies Lack Conclusions
The feasibility studies for the hydropower plant project in Tarnita-Lapustesti, worth over EUR1.1 billion, for which state-owned hydropower producer Hidroelectrica paid EUR3.5 million, do no...
Leu Opens Flat Vs Euro In Thin Trading
Romania’s leu edged slightly below 4.43 units against the euro in early session Tuesday, amid low traded volumes.
Bucharest Stocks Close Flat, Fondul Proprietatea, BRD Boost Liquidity
The Bucharest stock market closed flat Monday, while deals with shares of Fondul Proprietatea, worth RON 33.3 million and BRD, worth RON5.6 million, covered 70% of the traded value.
Armax Gaz 1Q Turnover Up 25% To RON17M
Romanian oil and gas equipment producer Armax Gaz Medias (ARAX.RO) reported a turnover of 17 million lei (EUR3.7 million) in the first quarter of the year, up 25% from RON13.6 million in the...
Czech-Held S Group Completes Green Gate Office Building
Czech-held S Group completed the construction of Green Gate office building in Bucharest, which is the biggest office project finalized this year in the capital city, with a rentable area of...
Hidroelectrica Names Former Enel Manager As Head of Energy Trading Department
Marius Adrian Chiriac, former energy acquisition and sales manager with Enel Energie and Enel Energie Muntenia, was named head of energy trading and distribution department of Romania's inso...
Bucharest Stocks Open In Green On Low Traded Values
The Bucharest stock market opened slightly higher Monday, amid low traded value, reaching 2.37 million lei (EUR536.203).
Chairman Of Transelectrica Managing Board Replaced By Supervisory Board Head
Stefan Doru Bucataru, chairman of the Board of Directors of Romanian state-run power grid operator Transelectrica (TEL.RO) was replaced by Ion Toni Teau, head of the company’s Supervisory Bo...
PM: Energy, Natural Gas Price For Industrial Consumers Seen Going Down
Prime Minister Victor Ponta stated Saturday, during a visit at Romanian steelmaker ArcelorMittal Galati, that the electric power price, as well as natural gas price for industrial consumers,...
Finance Ministry Undervalued Impact Of Tax Exemption On Reinvested Profit On Budget
The Finance Ministry has significantly underestimated the impact of the tax exemption on reinvested profit on the budget, at 600 million lei (EUR136 million), instead of RON2 billion, Ionut...
Loan Restructuring Program Is Rather An Electoral Measure - ARB Head
Romanian Banking Association (ARB) considers that the government’s loan restructuring program is rather an electoral measure, Florin Danescu, ARB executive president, told a financial semina...
Financial Supervisory Authority To Undergo Reorganization Program
Romania’s Financial Supervisory Authority ASF will undergo an extensive reorganization program, based on a PwC report, that will trigger a significant personnel expense cut and higher effici...