Reporter
Gabriela Stan
- Fields
- Capital Market, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2014
- Articles
- 3.917
Romgaz Eyes Over RON1B Investments, Up To 80% In Exploration
Romanian state-run natural gas producer Romgaz Medias (SGN.RO) has an investment program of over 1 billion lei (EUR222 million), out of which up to 80% will be used for exploration, Virgil M...
CEZ Will Continue To Invest Up To EUR50M A Year In Electricity Grids
CEZ Romania will continue to invest up to EUR50 million every year in electricity grids, while the Romanian state should invest in production capacities, Adrian Borotea, corporate affairs ma...
Praktiker Sells Romanian Operations To Turkish Businessman
German do-it-yourself retail chain Praktiker sold its operations in Romania, which include 27 stores with sales of EUR142 million in 2012, to Search Chemicals company, owned by Turkish busin...
Power, Gas Distributors Won’t Include Special Construction Tax In End User Bills In 2014
CEZ, Enel and GDF SUEZ estimate they will annually pay up to EUR15 million each in special construction taxes, but this year, the costs will not be transferred to end users' bills.
Banca Transilvania Aims For 10% Hike In Private Banking Assets
Romanian lender Banca Transilvania (TLV.RO) targets this year a 10% increase in both the number of clients and the value of managed assets for its private banking division, the bank said in...
Asirom 2013 Underwritten Premiums Down 9% To RON544M
Romanian insurer Asirom underwrote premiums of 544 million lei (EUR120.8 million) in 2013, down 9% on the year, while damage claims on the general insurance segment, representing over 80% of...
Bucharest Stocks Close Down, SIF Banat-Crisana Falls 1.8%
The Bucharest stock market closed down 0.27% Monday, while the shares of regional investment fund SIF Banat-Crisana (SIF1.RO) fell 1.8% following the decision of the company’s board not to p...
Conpet Pipeline Upgrades, Blocked By Unclear Laws
Certain pipeline upgrade investments of Romanian state-run oil transporter Conpet Ploiesti (COTE.RO) are blocked by the taxes levied by public roads administrators on the pipes, although the...
KPMG: Continuation Of Payments To Astra Clients Is A Top Priority
KPMG Advisory, special administrator of Romania's leading insurance company Astra, targets the continuation of payments to clients and partners, analyzing the insurer’s situation and taking...
Romania’s EU Fund Absorption Rate Via Economic Competitiveness Program Seen Up To 60%
Romania’s EU fund absorption rate via the Sectoral Operational Program Increase of Economic Competiveness (POS CCE) might reach up to 60% this year, from 36% in 2013, when projects worth RON...
Draft: CE Oltenia To Invest RON2.5B To Hike Coal Production
Romanian state-run energy holding CE Oltenia will invest 2.5 million lei (EUR550 million) in the next 15 years in developing two new coal mines in southwestern county of Gorj, estimated to i...
Antibiotice Sees 2014 Net Profit Up 6% To RON30.5M
Romanian state-run drugmaker Antibiotice Iasi (ATB.RO) estimates its profit will grow by 6% on the year in 2014, to 30.55 million lei (EUR6.7 million), while the company's investments will r...