Reporter
Gabriela Stan
- Fields
- Capital Market, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2014
- Articles
- 3.917
Cosmote Romania Extends 4G Network To Another 12 Towns
Telecom operator Cosmote Romania extended its fourth-generation (4G) network to another 12 towns, reaching a total of 20 towns, and covers approximately 40% of the urban inhabitants across t...
Kingfisher Launches EUR275M Takeover Bid For Mr Bricolage
Europe’s leading home improvement retailer Kingfisher Thursday announced it launched a EUR275 million takeover bid for French home improvement retailer Mr Bricolage, adding that the process...
Leu Falls Vs Euro, In Line With Region
Romania’s leu edged lower against the euro in early session Thursday, in line with the other currencies in the region.
Bucharest Stocks Close In Green On Higher Traded Value
The Bucharest stock market closed up Wednesday, amid a 55% higher traded value triggered by several deals with the shares of BRD – Groupe Societe Generale (BRD.RO) and OMV Petrom (SNP).
Auchan Opens Rebranded Real Hypermarket In Bacau
Auchan Romania rebranded its real hypermarket in Bacau city, which will be opened Thursday, being the 17th remodeled unit of the 20 bought from German group METRO.
Hidroelectrica Terminates Credit Line With Alpha Bank
Romania’s insolvent hydropower producer Hidroelectrica terminated a credit line worth 80 million lei (EUR17.93 million) granted by Alpha Bank in 2009, falling due on March 31, 2014.
Government Approves Law On Capping Cash Payments, Interbank Fees
Romanian government approved the draft law on capping cash payments and reducing interbank fees for debit and credit cards transactions, according to official sources.
Coface: Most of Food Distributors With Increasing Turnover Face Liquidity Issues
The development of distributors of food and agricultural products between 2011 and 2012 was not qualitative in terms of income, and 80% of the distributors that reported increasing turnover...
Gebrüder Weiss Romania 2013 Turnover Up 15% To EUR40.1M
Austrian logistics and transport company Gebrüder Weiss reported a turnover of EUR40.1 million in Romania in 2013, up 15% on the year, the company said.
Leu Trades Slightly Above 4.46 Units Vs Euro In Early Session
Romania’s leu traded near 4.46 units against the euro in early session Wednesday, amid low traded volumes, unaffected by the GDP revision data announced by the country’s statistics institute...
Leu Edges Slightly Lower Vs Euro Amid Average Volumes
Romania’s leu closed slightly lower against the euro Tuesday amid average volumes.
EBRD Grants EUR4.8M Loan For Sibiu Bus Depot Relocation
European Bank for Reconstruction and Development (EBRD) will grant a EUR4.8 million loan to public transport company TURSIB to relocate the bus depot in Sibiu city, from its current site in...