Reporter
Gabriela Stan
- Fields
- Capital Market, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2014
- Articles
- 3.917
Conpet To Pay RON29.5M As Dividends For 2013
State-run oil transporter Conpet Ploiesti (COTE.RO) will pay dividends totaling RON29.5 million, slightly higher compared with last year, the company said Tuesday.
State Secretary In Economy Ministry Appointed In Rompetrol Rafinare Board
Karoly Borbely, state secretary with the Energy Department in the Economy Ministry was appointed Tuesday in the board of directors of Romanian Rompetrol Rafinare (RRC.RO), the refining unit...
Bucharest Stocks Close Flat, SIF Oltenia Falls 7%
The Bucharest stock market closed flat Tuesday, while the shares of regional investment fund SIF Oltenia (SIF5.RO) fell 6.95% after shareholders rejected the propositions regarding the payme...
ArcelorMittal Tubular Products Roman 2013 Turnover Down 16.8% To RON687.5M
Romanian steel pipes maker ArcelorMittal Tubular Products Iasi (TPRO.RO) reported a turnover of 687.5 million lei (EUR155.9 million) in 2013, down 16.8% from RON826.4 million a year earlier,...
SIF Oltenia Shareholders Reject Dividend Propositions
Shareholders of Romanian regional investment fund SIF Oltenia (SIF5.RO) rejected the propositions regarding the payment of dividends from last year’s profit, the company said Tuesday.
Stem SURE Turnover Seen Up 15% In 2014
Stem SURE, the Romanian unit of Danish stem cell bank StemCare, targets a 15% turnover increase on the local market this year, from EUR1.5 million a year earlier, the compay’s representative...
Romanian Antitrust Watchdog Looks Into Takeover Of E.ON Instalatii Interioare By E.ON, Adrem
Romanian antitrust authorities are looking into the takeover of E.ON Instalatii Interioare company by Adrem Invest and E.ON Romania.
Compa Sibiu 2014 Profit Seen Down 11.2% To RON18.9M
Romanian car parts manufacturer Compa Sibiu (CMP.RO) estimates its net profit will fall 11.2% this year, to RON18.9 million, from RON21.3 million a year earlier.
Omniasig 2013 Underwritten Premiums Down 14.2% To RON881.1M
Romanian insurer Omniasig VIG (former BCR Asigurari) underwrote insurance premiums worth RON881.1 million in 2013, down 14.2% from RON1.027 billion a year earlier, due to lower revenue from...
Banca Carpatica 2014 Net Profit Seen Slightly Down At RON37.7M
Commercial lender Banca Comerciala Carpatica (BCC.RO) targets a net profit of RON37.7 million in 2014, slightly down from RON38.4 million a year earlier, on 5% lower revenue, at RON207.1 mil...
Bucharest Stocks Close In Red, Fondul Proprietatea Falls 5%
The Bucharest stock market closed down Monday, while investment fund Fondul Proprietatea (FP.RO) fell 5.21%, as shareholders agreed not to pay out dividends from the 2013 net profit, followi...
SIF Transilvania To Double Share Capital To RON218.4M By Profit Capitalization
Shareholders of Romania’s regional investment fund SIF Transilvania (SIF3.RO) approved the doubling of the fund’s share capital from RON109.2 million to RON218.4 million, by capitalizing RON...