Curs BNR — 13.11.2026 EUR 5,3498 USD 4,8428 GBP 6,4023

Reporter

Gabriela Stan

Fields
Capital Market, Retail&Consumer, Banks-Insurance
Writing for ZF since
2014
Articles
3.917
Analysis

Press Review - November 10, 2016

IMF: Recent Wage Hikes To Trigger Higher Budget Deficit In 2017 The salary hikes voted recently by the Parliament will trigger the increase of Romania’s budget deficit to approximately 3.5%...

Gabriela Stan · 10.11.2016 · 08:57 · 3 min
BCR Names New Chief Economist
Banks-Insurance

BCR Names New Chief Economist

Romania's largest bank Banca Comerciala Romana (BCR), a unit of Austria’s Erste Group Bank (EBS.RO), has appointed Horia Braun, 39, as Chief Economist and research manager starting January 1...

Gabriela Stan · 09.11.2016 · 14:47 · 1 min
Bucharest Stocks Open Lower As Donald Trump Wins US Election
Capital Market

Bucharest Stocks Open Lower As Donald Trump Wins US Election

The Bucharest stock market opened down Wednesday on traded value worth 11.16 million lei (EUR2.47 million) after Republican candidate Donald Trump was elected the next US president, triggeri...

Gabriela Stan · 09.11.2016 · 11:48 · 1 min
Analysis

Press Review - November 9, 2016

PNL Wants Re-Voting Of Law On Public Pay Rises Leader of PNL deputies, Eugen Nicolaescu, announced that the liberals challenged the voting procedure for the law on salary increases for publi...

Gabriela Stan · 09.11.2016 · 08:55 · 3 min
Bucharest Court Of Appeals Rejects City Insurance Appeal Against Recovery Procedure
Banks-Insurance

Bucharest Court Of Appeals Rejects City Insurance Appeal Against Recovery Procedure

Bucharest Court of Appeals has rejected the appeal filed by insurance company City Insurance, owned by businessman Dan Odobescu, against the decision of the Financial Supervisory Authority (...

Gabriela Stan · 08.11.2016 · 15:01 · 1 min
GfK: Romania Durable Goods Market Up 9.5% In 3Q
Retail&Consumer

GfK: Romania Durable Goods Market Up 9.5% In 3Q

The Romanian durable goods market rose 9.5% in the third quarter of 2016 verus the year-earlier period, while large household appliances, small appliances and electronics segments registered...

Gabriela Stan · 08.11.2016 · 12:13 · 1 min
Marks & Spencer Closes Stores In Romania
Retail&Consumer

Marks & Spencer Closes Stores In Romania

British retailer Marks & Spencer (M&S) will close its six clothing stores in Romania, as part of the plan to close down 53 stores in ten markets, the company said in a statement.

Gabriela Stan · 08.11.2016 · 11:45 · 1 min
Analysis

Press Review - November 8, 2016

PCC Group Mulls Buying Oltchim Again German-Polish group PCC, minority shareholder of Romanian chemical plant Oltchim Ramnicu Valcea (OLT.RO) is interested in buying the chemical plant and w...

Gabriela Stan · 08.11.2016 · 09:17 · 3 min
Imobiliare.ro: Apartment Prices In Romania Fell Slightly In October
Real Estate

Imobiliare.ro: Apartment Prices In Romania Fell Slightly In October

Prices of apartments put up for sale across Romania fell 0.3% on the month in October, with the average price reaching EUR1,042 per sqm, and rose 6.3% compared with October 2015 (EUR980 per...

Gabriela Stan · 07.11.2016 · 14:50 · 1 min
Energy

Oil Refinery RAFO Onesti Goes Insolvent

The court has admitted the insolvency request filed by oil refinery RAFO Onesti, while Transilvania Insolvency House was appointed as temporary judicial administrator.

Gabriela Stan · 07.11.2016 · 14:10 · 1 min
Energy

Romania-Bulgaria Gas Interconnector To Become Operational On November 11 – Bulgarian PM

Romania-Bulgaria gas interconnector will become operational on November 11, Bulgarian PM Boyko Borisov said duting a meeting with his Serbian counterpart Aleksandar Vučić, cited by Novinite.

Gabriela Stan · 07.11.2016 · 13:41 · 1 min
Analysis

Press Review - November 7, 2016

EBRD: Romania’s GDP To Grow By 4.8% In 2016, Highest Growth In Europe The European Bank for Reconstruction and Development (EBRD) on Thursday revised Romania’s GDP growth forecast for this y...

Gabriela Stan · 07.11.2016 · 09:11 · 4 min