Reporter
Gabriela Stan
- Fields
- Capital Market, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2014
- Articles
- 3.917
Vinarte's Creditors OK Sale Of Assets, Wine Stocks, Brands To China’s Red Gate
Creditors of insolvent Romanian wine producer Vinarte approved Friday the sale of the assets, wine stocks and brands to China-based Red Gate, for EUR3.6 million, judicial liquidator RVA Inso...
OTP Bank Hikes Share Capital By RON50M
OTP Bank Romania, the local unit of Hungary’s financial group OTP, hiked its share capital by RON50 million, from RON732.9 million to RON782.9 million, via cash contribution from its main sh...
Zentiva 2014 Profit Seen Up 18.6% At RON47.8M
Drugmaker Zentiva Romania (SCD.RO) estimates an 18.6% net profit increase in 2014, to 47.8 million lei (EUR10.7 million), the company said in its budget proposal published on the Bucharest s...
Two West-European Car Part Providers Mull EUR80M Investments In Romania
Two West-European car part providers plan to invest approximately EUR80 million on the Romanian market, Constantin Stroe, head of the association of automotive manufacturers in Romania ACARO...
eMAG Bets On 40% Higher Revenue In 2014, At EUR262M
Romania’s largest online computer and electronics retailer eMAG targets at least 40% higher revenue this year, at EUR262 million, said Iulian Stanciu, the company’s general manager.
Letter Of Intent For Nuke Project Extended Until Yearend
Romania’s nuclear power producer Nuclearelectrica and China General Nuclear Power Corporation on Friday signed an additional contact extending until December 31 the validity of the letter of...
Zaharul Ludus Changes Name To Tereos Romania
Romanian sugar refinery Zaharul Ludus, owned by French leading sugar producer Tereos, will change its name to Tereos Romania and plans to borrow up to EUR10 million, the company said.
Leu Edges Higher Vs Euro Amid Average Volumes
Romania’s leu closed higher against the euro Friday, due to euro purchase orders, amid daily average volumes.
Harinvest Clients Should Submit Debt Recovery Claims By May 12
Clients subject to the fraud at Harinvest brokerage firm should submit claims to recover their debts from Investors’ Compensation Fund by May 12, according to Romania’s Financial Supervisory...
Energy Minister To Propose EC Support For Vulnerable Consumers
Romania's minister-delegate for energy Razvan Nicolescu stated, after a meeting with European Commissioner for Energy Gunther Oettinger, that he will propose the European Commission to defin...
Renault 1Q Sales Slightly Down, Dacia Posts Highest Growth
Renault group revenues fell 0.1% in the first quarter, to EUR8.26 billion in the first quarter of 2014, as the euro’s gains on currency markets offset higher car deliveries, while Dacia regi...
Leu Edges Higher Vs Euro In Early Trade
Romania’s leu edged higher against the euro in early session Friday, and opened at 4.449 to the euro, for the first time in the last four months and a half.