Curs BNR — 13.11.2026 EUR 5,3498 USD 4,8428 GBP 6,4023

Reporter

Gabriela Stan

Fields
Capital Market, Retail&Consumer, Banks-Insurance
Writing for ZF since
2014
Articles
3.917
Symmetrica Sales Up 3% To EUR20M In 2016
Companies

Symmetrica Sales Up 3% To EUR20M In 2016

Paving setts and curbstone manufacturer Symmetrica reported sales of EUR20 million in 2016, up 3% compared with the previous year, mainly supported by the orders from the private sector, the...

Gabriela Stan · 12.01.2017 · 12:26 · 1 min
Analysis

Press Review - January 12, 2017

Flat Tax To Be Eliminated As Of 2018 Sorin Grindeanu government plans to eliminate, as of January, 2018, the 16% flat tax currently paid by all Romanian employees, irrespective of their sala...

Gabriela Stan · 12.01.2017 · 09:10 · 3 min
Grain Traffic Through Constanta Harbor Registered New Record Volumes In 2016
Retail&Consumer

Grain Traffic Through Constanta Harbor Registered New Record Volumes In 2016

Freight traffic in Romanian maritime ports Constanta, Midia and Mangalia reached nearly 60 million tons in 2016, up 5.5% compared with the previous year, while the grain volume passing throu...

Gabriela Stan · 11.01.2017 · 17:18 · 1 min
GSK Consumer Healthcare Names New GM For Romania And Balkan States
Companies

GSK Consumer Healthcare Names New GM For Romania And Balkan States

GlaxoSmithKline (GSK) Consumer Healthcare has appointed Sylwia Piankowska as general manager for Romania and the Balkan states, replacing Helen Tomlinson, who was named general manager of GS...

Gabriela Stan · 11.01.2017 · 14:44 · 1 min
AdePlast Sales Up 13% To RON346M In 2016
Companies

AdePlast Sales Up 13% To RON346M In 2016

Romanian building materials producer AdePlast, owned by businessman Marcel Barbut, reported a 13% sales increase last year, to RON346 million, the company said in a statement Wednesday.

Gabriela Stan · 11.01.2017 · 14:08 · 1 min
World Bank Sees Romania GDP Growth At 3.7% In 2017
Macroeconomics

World Bank Sees Romania GDP Growth At 3.7% In 2017

The World Bank estimates the Romanian economy will grow by 3.7% this year, after a 4.7% growth in 2016, according to "January 2017 Global Economic Prospects" report, released Tuesday.

Gabriela Stan · 11.01.2017 · 13:58 · 1 min
Fitbit Buys Romanian Smartwatch Manufacturer Vector Watch
Companies

Fitbit Buys Romanian Smartwatch Manufacturer Vector Watch

U.S. company Fitbit, leader in the connected health and fitness market, has bought Romanian smartwatch manufacturer Vector Watch, in a transaction whose value was not disclosed, the company...

Gabriela Stan · 10.01.2017 · 17:02 · 1 min
Vascar Sales Up 12% To RON86M In 2016
Retail&Consumer

Vascar Sales Up 12% To RON86M In 2016

Romanian cold cuts and canned meat producer Vascar reported sales of approximately RON68 million (EUR15.2 million) in 2016, up 12% compared with the previous year, the company said in a stat...

Gabriela Stan · 10.01.2017 · 15:39 · 1 min
Benvenuti To Invest EUR500,000 In New Units And Expansion In 2017
Retail&Consumer

Benvenuti To Invest EUR500,000 In New Units And Expansion In 2017

Footwear retailer Benvenuti, controlled by local entrepreneur Dan Pavel, plans to invest EUR500,000 this year in the renovation and expansion of the existing units and in new units, the comp...

Gabriela Stan · 09.01.2017 · 19:52 · 1 min
BT: Annual Dynamics Of Exports And Imports Expected To Converge In 2017-2019
Macroeconomics

BT: Annual Dynamics Of Exports And Imports Expected To Converge In 2017-2019

Exports of goods and services will register an average annual growth of 5.9% between 2017 and 2019, while imports will grow by approximately 6%; thus the annual dynamics of the two indicator...

Gabriela Stan · 09.01.2017 · 17:48 · 1 min
Leu Falls Vs US Dollar, Exchange Rate At 4.2827
Capital Market

Leu Falls Vs US Dollar, Exchange Rate At 4.2827

The Romanian leu lost ground versus the US dollar by midday Monday, and the central bank set the leu’s reference rate versus the dollar at 4.2827 units, down 0.73% from RON4.2518 at the end...

Gabriela Stan · 09.01.2017 · 13:59 · 1 min
COFACE:Positive Effect Of Tax Cut For Microenterprises Offset By Expenses With Minimum Wage Hike
Companies

COFACE:Positive Effect Of Tax Cut For Microenterprises Offset By Expenses With Minimum Wage Hike

The income tax cut for microenterprises, a measure which has been recently adopted by the new government, will trigger tax reductions of approximately RON955 million, which will be used to c...

Gabriela Stan · 09.01.2017 · 13:45 · 1 min