Reporter
Gabriela Stan
- Fields
- Capital Market, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2014
- Articles
- 3.917
Bucharest Stocks Close In Red, SIF Muntenia Falls 5%
The Bucharest stock market closed 0.23% lower Wednesday, on very low traded value, while the shares of investment fund SIF Muntenia (SIF4.RO) fell 5%, after businessman Gheorghe Iaciu sold i...
Finance Ministry Maintains Inter-bank Card Fees Cap
The Romanian Finance Ministry keeps the stipulation on capping the interbank fees charged on debit and credit card transactions to 0.2% and 0.3% on each transaction, respectively, according...
Cash Transactions For Houses, Cars To Be Capped At RON10,000
The Romanian Finance Ministry amended the draft law on banning cash transactions for houses or cars, limiting cash payments to RON10,000 for each transaction, like in the case of cash paymen...
Allianz-Tiriac 2014 Underwritings Seen At RON950M, Up 2.5% YoY
Romanian insurer Allianz-Tiriac Asigurari, part of German group Allianz, estimates its underwritten premiums will exceed 950 million lei (EUR211.1 million) this year, up 2.5% from RON926.5 m...
Romania Ranks 154th Worldwide By Tourism Contribution To GDP
Romania ranks 154th in the world by the total contribution of travel and tourism to the GDP in 2013, with a 5.1% share, out of 184 countries, according to a report of the World Travel&Touris...
Media Galaxy To Open EUR1M Store In Craiova
Electronics and IT retailer Media Galaxy, part of Altex Romania group, will open next week a store in Electroputere Parc shopping mall in Craiova city, following EUR1 million investments, th...
Romania To Decide On Splitting Electrica Thursday
The splitting of Romanian state-owned electricity distributor SC Electrica SA will be decided Thursday in the general shareholders’ meeting, Gabriel Dumitrascu, head of the privatization div...
Romania Paid $7B For Gazprom’s Gas In The Last 7 Years
Between 2007 and 2013, Romania paid $7 billion to the intermediaries of Russia’s gas giant Gazprom for the natural gas imported from Russia. In the past, Russian gas covered one quarter of t...
BCR: ASF Identified No Institutional Guilt Of The Bank In Harinvest Case
Romania’s Financial Supervisory Authority has not identified any institutional guilt of Banca Comerciala Romana in the case of Harinvest fraud, as the bank observed the market regulations an...
Bucharest Stocks Close In Green, Traded Value Hits 5-Week High
The Bucharest stock market closed higher Tuesday, while the traded value hit a 5-week high due to several deals with shares of regional investment fund SIF Muntenia (SIF4.RO).
Deputies Adopt Ordinance On CNH Debt Transfer To CE Hunedoara
Chamber of Deputies Tuesday adopted the Ordinance stipulating the transfer of 70.2 million lei (EUR15.7 million) in liabilities from state-run coal mining company Compania Nationala a Huilei...
Romanian Antitrust Watchdog Looks Into Takeover Of Lemarco Units By Agrana
Romanian antitrust authorities are looking into the takeover of two sugar refining plants of Romanian sugar producer Lemarco by Austria's Agrana Zucker.