Reporter
Gabriela Stan
- Fields
- Capital Market, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2014
- Articles
- 3.917
SIF Oltenia 2013 Profit Up 47% At RON130 Million
Romanian regional investment fund SIF Oltenia (SIF5.RO) reported last year a profit of RON130 million (EUR29.4 million), up 47% compared with RON88.4 million in 2012, mainly due to the sale...
Bucharest Stocks Close Down, But SIFs Rise
The Bucharest market closed down Monday, but the shares of the five regional investment funds (SIFs) closed in the green after Mircea Ursache, vice-president of the Financial Supervision Aut...
Romanian Association of International Drug Manufacturers Names New President
The Romanian Association of International Drug Manufacturers (ARPIM) named Calin Galaseanu, head of pharmaceutical company Bristol-Myers Squibb Romania, as president of the association, repl...
Siveco Romania Names Mihai Tudor As Vice-President
IT software developer Siveco Romania announced the appointment of Mihai Tudor, former chief commercial officer for business segment at telecom operator Romtelecom, as its new vice-president...
Number Of Real Estate Transactions Up 8% In January-November 2013
The number of real estate transactions rose 8% between January and November 2013, at 432,000, while the state tax for those transactions also rose by 8%, at 493 million lei (EUR111.6 million...
Leu Ends Down Vs Euro On High Traded Volumes
Romania’s leu edged lower against the euro Friday, closing near 4.54 units after touching the day's high at 4.548 units in mid-session, while the traded volumes were higher than usual.
Sterling Resources Plans To Halve Interests In Black Sea Licenses
Canadian Sterling Resources plans to sell up to half of its equity interests in the Romanian Black Sea licenses, the company’s vice-president for Romania, Mark Beacom, told Mediafax.
Leu Continues Decline Vs Euro, Exchange Rate At 4.5447
The Romanian leu continued to depreciate against the euro in the first half of Friday session, and the central bank set the exchange rate at 4.5447 units, the weakest in the last seven month...
Auchan To Finish Rebranding Of Real Hypermarkets By April
Auchan will complete by April the rebranding of the real hypermarkets it took over last year in Romania, Tiberiu Daneti, the company’s marketing manager told Mediafax.
Leu Flat Vs Euro In Early Trade, Stays Near 4.53 Units
The Romanian leu was stable against the euro in early action Friday and traded at around 4.53 units in quiet market.
Leu Ends Down Vs Euro On High Traded Volumes
Romania’s leu edged lower against the euro Thursday, amid high traded volumes, after the central bank's governor said yesterday the leu should fall after the lowering of the key rate and the...
Feasibility Study For ELCEN EUR150M Thermal Plant To Be Completed Soon
Romanian Minister Delegate for Energy Constantin Nita told Mediafax Thursday that the feasibility study for the construction of a EUR150 million thermal power plant by Romanian power produce...