Reporter
Gabriela Stan
- Fields
- Capital Market, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2014
- Articles
- 3.917
Romania Mulls TAP Connection, Needs EUR560M To Transport Black Sea Gas
After the failure of the Nabucco pipeline project, Romania needs to turn to another source of natural gas, which is closer to home.
Leu Weakens Vs Euro In Morning Trade
The Romanian leu depreciated during early hours Monday, in line with currencies in the region, following the political crisis in Ukraine.
Press Review - March 3, 2014
Government Supports Fiscal Relaxation, Economic Development Measures The Romanian government supports the fiscal relaxation and economic development measures announced early this month, incl...
Eurobank Posts EUR40M Loss In Romania In 2013
Greek bank group Eurobank, owner of Bancpost, reported EUR40.2 million loss in Romania in 2013, compared with EUR35.2 million loss a year earlier, the bank said in a press release.
AFI Cotroceni Retailers' Sales Exceed EUR200M In 2013
The sales of retailers hosted by AFI Cotroceni shopping mall rose last year at the same pace as the retail market, namely between 5% and 6%, Israel Vizel, manager mall division AFI Europe, t...
Nuclearelectrica 2013 Net Profit Up 17-Fold To RON417.37M
Romanian state-run nuclear power company Nuclearelectrica (SNN.RO) Friday said its preliminary net profit rose seventeen-fold to 417.37 million lei (EUR94.42 million) in 2013, from RON24.19...
SIF Transilvania Mulls Doubling Share Capital
The management of Romanian regional investment fund SIF Transilvania (SIF3.RO) proposes that last year’s profit of 189.6 million (EUR43 million), should be used to double share capital, to R...
Bucharest Stocks Close In Green On Higher Traded Value
The Bucharest stock market closed higher Friday, while deals with shares of regional investment fund SIF Oltenia (SIF5.RO), worth RON34.8 million, covered 42.5% of the traded value.
Hidroelectrica Judicial Administrator To File Appeal For Annulment
Judicial administrator Euro Insol will file appeal for annulment for Romanian state-run hydropower producer Hidroelectrica to exit insolvency, lawyer Remus Borza, owner of Euro Insol, told M...
Praktiker Romania Owner Names Former Acquisitions Manager As Managing Director
Turkish businessman Omer Susli, the new owner of do-it-yourself retail chain Praktiker Romania, named Cansu Derintuna, a company’s former acquisitions manager, as managing director, sources...
Electricity Bills May Increase By Up To 1% In April - Sources
Electricity bills might increase by 0.5%-1% in April following Romania’s energy watchdog ANRE decision to hike the 2013 green certificates quota for suppliers, according to sources on the en...
Electroarges To Buy Remaining Stake In Amplo Ploiesti
Romanian home appliance manufacturer Electroarges Curtea de Arges (ELGS.RO) plans to launch a bid to take over the stake it does not own yet in measuring and automation equipment producer Am...