Reporter
Gabriela Stan
- Fields
- Capital Market, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2014
- Articles
- 3.917
Bucharest Stocks Close In Green, Fondul Proprietatea Recoups Loss
The Bucharest stock market closed higher Thursday, while the shares of Fondul Proprietatea gained 0.62%, recovering Wednesday’s 2% loss triggered by the announcement on Hidroelectrica’s inso...
Profi Opens 2 New Stores, Extends Romanian Network To 212 Units
Discount retailer Profi will reach a 212-units network after opening two new stores in Botosani and Giurgiu counties by Friday, the company announced.
Telecom Operators To Apply New Termination Rates As Of April 1
Telecom operators in Romania will apply, as of April 1, termination rates reduced from EUR0.307/minute to EUR0.096/minute for mobile calls and from EUR0.067/minute to EUR0.014/minute for lan...
Finance Ministry Mulls Capping Cash Payments For Real Estate Transactions To RON50,000
The Romanian Finance Ministry considers limiting cash payments for houses or cars transactions to RON10,000, like in the case of cash payments between individuals, or even to RON50,000 for r...
Carrefour Opens Express Store In Galati
Retailer Carrefour Romania opened its first Express proximity franchised store in the eastern city of Galati, after also opening another one in the capital city, Bucharest, the company annou...
Bucharest Stocks Close In Red, OMV Petrom, Fondul Proprietatea Fall 2%
The Bucharest stock market closed down Wednesday, impacted by several factors, such as the ruling coalition split-up, the decision on placing back Hidroelectrica under reorganization procedu...
Government Approves Letter Of Intent To IMF Deal
Romanian Government approved the letter of intent to a EUR4 billion loan program with the International Monetary Fund and the European Union and will send the document to President Traian Ba...
Hidroelectrica To Exit Insolvency Soon, Undergo Restructuring
The Economy Ministry will take steps for state-run hydropower producer Hidroelectrica to exit insolvency “as soon as possible”, and will reorganize the company by giving up investments unimp...
Economy Ministry May File Extraordinary Appeal For Hidroelectrica To Exit Insolvency
The Economy Ministry might file extraordinary appeal for Romanian state-run hydropower producer Hidroelectrica to exit insolvency, Gabriel Dumitrascu, head of privatization with the Energy D...
Vodafone Mulls Extending Franchised Store Network To 50 Units By April
Vodafone Romania is looking for partners with over EUR10,000 startup capital to extend its franchised store network from 19 to 50 units by April, a process that will continue by the end of t...
Hidroelectrica Goes Insolvent Again
Hidrolectrica went insolvent again after Court of Appeals ruled in favor of several energy traders which appealed the decision of the company's former legal administrator of not acknowledgin...
Bucharest Stocks Close Flat, Investors Focus On Few Blue-Chips
The Bucharest stock market closed flat Tuesday, with investors focusing on several stocks that are expected to pay high-yield dividends, such as Transgaz, Fondul Proprietatea, and OMV Petrom...