Reporter
Gabriela Stan
- Fields
- Capital Market, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2014
- Articles
- 3.917
Bucharest Court Suspends Carrefour Romania Insolvency Decision
Bucharest Court ruled in favor of Carrefour Romania’s appeal against the insolvency decision made at the request of one of the company’s suppliers, at the end of 2013.
Cora Romania 2013 Sales Up 13.5% On The Year
The sales of French retailer Cora in Romania rose 13.5% on the year in 2013, as the company opened two new hypermarkets, PR officer Ana Maria Florea told MEDIAFAX.
Andrei Timofte Launches Takeover Bid For 18.77% Stake In Transilvania Constructii
Andrei Iancu Timofte, general manager of Romanian constructor Transilvania Constructii (COTR.RO), launches a takeover offer for the 18.77% stake it does not own in the company, valued at 11....
SIF Transilvania Remains Most Profitable SIF In 2013
SIF Transilvania (SIF3.RO) maintained its position as the most profitable Romanian investment fund in 2013, for the third consecutive year, with a net profit of 193.8 million lei (EUR44 mill...
Bucharest Stocks Close Slightly Higher On Investor Prudence
The Bucharest market closed slightly higher Wednesday, after two consecutive days in the red, but most of investors remained cautious in trading and focused mainly on a few companies, such a...
GSK Romania Hiked Share Capital By EUR66.8M In December
GlaxoSmithKline’s Romanian subsidiary hiked in December its share capital by 298.2million lei (EUR66.8 million), according to the Trade Registry data.
Electric Power Price For End-Users Up 36% Between 2007 And 2013
The price of electricity at the end-user rose by over 36% between 2007 and 2013, mostly due to the green power subventions paid by end-users and the increase of distribution costs, according...
Romanian Major Energy Producers To Finance Project Study For Tarnita Hydropower Plant
Romania's major state-owned power companies CE Oltenia, Nuclearelectrica, Hidroelectrica, CE Hunedoara, Electrica and natural gas producer Romgaz will finance the project study for Tarnita-L...
Bucharest Stocks Close Down In Line With Region
The Bucharest market closed down Tuesday, following the trend on the European markets, while the shares of the five regional investment funds (SIFs) also closed in the red, amid lower traded...
Romania Open-end Fund Assets Up 48% To Record High RON13B In 2013
The combined net assets of the 64 Romanian open-end investment funds rose in 2013 by 47.4%, to an all-time high of around 13 billion lei (EUR2.9 billion), compared with RON8.81 billion a yea...
Romania’s Paradox: Exceptional Macroeconomic Indicators, Low Demand - Budget Minister
Romania’s new paradox is that despite the exceptional evolution of macroeconomic indicators, the low demand still is a big issue for the economy, triggering a growth beyond its potential, Mi...
ProCredit To Lend EUR40 Million To SMEs Via JEREMIE Program
ProCredit Bank plans to grant to small and medium-sized enterprises loans totaling EUR40 million via the Joint European Resources for Micro to Medium Enterprises (JEREMIE), based on a EUR20...