Reporter
Gabriela Stan
- Fields
- Capital Market, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2014
- Articles
- 3.917
Advent Sold Labormed For $33M, 20% Of Acquisition Price
Investment fund Advent sold Romanian generic drug producer Labormed last year to U.S. pharmaceutical company Alvogen for $33 million (EUR24 million), less than 20% of the acquisition price p...
Kingfisher Opens First Two Bricostore Units Rebranded As Brico Depot
British group Kingfisher opened its first two Bricostore DiY units rebranded as Brico Depot, in the capital city, Bucharest, and plans to complete the rebranding process in two years, the co...
DTZ: Romanian Retail Investments In 2013, Below 1% Of Total Volume In Europe
Retail investments in Romania represent less than 1% of the total volume registered at European level in 2013, although last year transactions with retail projects rose sharply compared with...
Romanian Postal Service Share In GDP, Below EU Average
Overall in the European Union, postal services registered a turnover of about EUR90 billion or about 1% of Community Gross Domestic Product in 2012, compared with 0.26% in Romania, according...
Leu Closes Down Vs Euro On Average Volumes
Romania’s leu closed lower against the euro Wednesday, on average volumes, amid high euro demand.
Auchan Opens Rebranded Real Hypermarket In Craiova
Auchan Romania rebranded its real hypermarket in Craiova town, which will be opened Thursday, being the 14th remodeled unit of the 20 bought from German group METRO.
Siniat Romania Sales Slightly Up At RON100M In 2013
Siniat Romania, a unit of Belgian industrial group Etex, reported a turnover of 100 million lei (EUR22.2 million) in 2013, slightly higher on the year, while the company estimates higher sal...
German Group VEKA Takes Over Gealan
German window PVC profile maker VEKA Wednesday announced the takeover of German PVC profiles maker Gealan, both companies operating on the Romanian market, and is currently pending the autho...
Carrefour Romania Opens Second Supermarket In Ramnicu Valcea
Retailer Carrefour Romania will open Thursday its second supermarket in Ramnicu Valcea city, thus reaching a 79 supermarkets network countywide.
Garanti Bank Romania To Merge With Garanti Mortgage
Garanti Bank and Garanti Mortgage (Domenia Credit IFN SA) Wednesday announced that they started formal procedures for the merger of the two companies in Romania, which is expected to be comp...
Nuclearelectrica Shareholders Reject 2014 Budget
Shareholders of Romanian state-run nuclear power company Nuclearelectrica (SNN.RO) Tuesday rejected the company’s revenue and expenditure budget for 2014, asking for another meeting after th...
Leu Trades Below 4.51 Vs Euro In Morning Trade
Romania’s leu traded below 4.51 to the euro during early hours Wednesday, on low traded volumes, amid a quiet market.