Reporter
Gabriela Stan
- Fields
- Capital Market, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2014
- Articles
- 3.917
Press Review - November 21, 2016
CE Hunedoara Reduced Losses By 30% In January-September State-run energy holding Complexul Energetic Hunedoara (CEH) reduced its losses by 30% in January-September, to RON181.9 million, whil...
Romanian Leu Touches New Record Low At 4.2523 Vs US Dollar
The Romanian leu continued to lose ground versus the US dollar by midday Friday and the central bank set the leu’s reference rate versus the dollar at a new record low of 4.2523 units, versu...
Press Review - November 18, 2016
KMG International Changes Management Structure KMG International has changed the group’s management structure, appointing Catalin Dumitru as Senior Vice President for Operational Activities...
Romanian Auto Market Rises 17.5% In January-October
Romania's auto market grew 17.5% in annual terms in January-October 2016, to 114,960 units, the Romanian Automotive Manufacturers and Importers Association (APIA) said Thursday.
NN Romania 9-Mo Gross Underwritten Premiums Up 4.4% To RON481M
NN Romania, the largest life insurance company in Romania, reported gross underwritten premiums of RON481 million in the first nine months of 2016, up 4.4% compared with same period a year a...
Lidl Invests EUR20M In Logistic Center In Lugoj
German-held retailer Lidl opened Thursday a new logistic center in Lugoj, Timis county, following EUR20 million investments in the acquisition of the plot of land and construction.
Banks Could Increase Interest Rates For Old Homes Bought Through First Home Program
Finance minister, Anca Dragu, said Thursday that banks could increase interest rates for old homes bought through government-guaranteed mortgage lending First Home program, but the down paym...
Farmec Extends Distribution Network By Opening New Logistic Space In Dolj
Cosmetics manufacturer Farmec Cluj Napoca is extending and modernizing its distribution network by opening a new logistic space in Dolj, due to higher sales on the traditional, modern and on...
Vrancart Adjud Profit Up 30% To RON16.7M In January-September
Vrancart Adjud (VNC.RO), a major paper and cardboard maker in Romania, reported a net profit of RON16.7 million in the first nine months of 2016, up 30% versus year-earlier period.
KMG International Changes Management Structure
KMG International has changed the group’s management structure, appointing Catalin Dumitru as Senior Vice President for operational activities and Alexey Golovin as Vice President for corpor...
Raiffeisen 9-Mo Profit In Romania Falls 25% To EUR64M
Austrian group Raiffeisen reported a net profit of EUR64 million in Romania in the first nine months, down 25% compared with the year-earlier period, the bank said in a statement Wednesday.
Six In Ten Romanians Pay Loan Instalments - Kruk Study
Nearly 80% of Romanians have a bank account and 66% of them use Internet banking services, while 60% have to pay back loan instalments, according to a study by debt collection firm Kruk.