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
Fondul Proprietatea Sells 6.4% Stake In OMV Petrom For Maximum Price Of RON0.244/ Share
Energy

Fondul Proprietatea Sells 6.4% Stake In OMV Petrom For Maximum Price Of RON0.244/ Share

Romania’s Financial Supervisory Authority ASF on Wednesday approved the prospectus relating to the secondary public offering by which Fondul Proprietatea puts up for sale up to 3.6 billion s...

Gabriela Stan · 05.10.2016 · 18:29 · 1 min
FlorideLux Revenues Seen 20% Higher In 2016
Companies

FlorideLux Revenues Seen 20% Higher In 2016

FlorideLux group, which operates online flower shops www.floridelux.ro, www.brazidecraciun.ro, www.coroane.ro, and www.cosuridelux.ro, targets 20% higher revenues in 2016, to EUR1.1 million.

Gabriela Stan · 05.10.2016 · 16:38 · 1 min
Real Estate

DTZ Echinox: New Modern Retail Stock Seen 50% Higher In 2016

Romania’s modern retail stock totaled 3.38 million sqm at the end of June, of which shopping malls-57%, followed by retail parks-35% and commercial galleries-8%, according to a study by DTZ...

Gabriela Stan · 05.10.2016 · 16:05 · 2 min
FIC: EU Funds Are Not Enough To Cover Costs Of Transport Master Plan
Macroeconomics

FIC: EU Funds Are Not Enough To Cover Costs Of Transport Master Plan

European funds available, even with an absorption rate of 100%, are not enough to cover the costs of implementing the Transport Infrastructure Master Plan, Foreign Investors Council (FIC) sa...

Gabriela Stan · 05.10.2016 · 14:46 · 1 min
New Players Generate 1/3 Of Real Estate Investments In Romania In 2016
Real Estate

New Players Generate 1/3 Of Real Estate Investments In Romania In 2016

Commercial real estate markets in Central and Eastern Europe have attracted new global players this year, lured by the opportunities of investment in the region, while Romania follows the ge...

Gabriela Stan · 05.10.2016 · 13:45 · 1 min
Adrian Marin Named President Of Romanian Insurers Association UNSAR
Banks-Insurance

Adrian Marin Named President Of Romanian Insurers Association UNSAR

Adrian Marin, CEO of insurance company Generali, was named president of National Association of Romanian Insurers (UNSAR) for a three-year period, replacing Remi Vrignaud, general manager of...

Gabriela Stan · 04.10.2016 · 18:51 · 1 min
ARB: New Regulations To Excessively Boost Lenders’ Costs
Banks-Insurance

ARB: New Regulations To Excessively Boost Lenders’ Costs

The new bills related to the banking system, such as the individual insolvency bill, the debt discharge law or the loan conversion bill, are driving lenders’ costs “beyond affordability leve...

Gabriela Stan · 04.10.2016 · 15:42 · 1 min
Trade Registry: Romania Insolvency Numbers Fell 20% To 5,455 In January-August
Companies

Trade Registry: Romania Insolvency Numbers Fell 20% To 5,455 In January-August

The number of companies that went insolvent in Romania in the first eight months of 2016 dropped by 20.65% compared with the same period a year earlier, to 5,455, according to Trade Registry...

Gabriela Stan · 04.10.2016 · 15:12 · 1 min
Foreign Outsourcing Companies Start Focusing On Romanian College Towns
Companies

Foreign Outsourcing Companies Start Focusing On Romanian College Towns

Romania currently hosts over 100,000 of the 600,000 employees in the outsourcing industry in Central and Eastern Europe, according to real estate consulting company Colliers International.

Gabriela Stan · 04.10.2016 · 14:01 · 1 min
Mazda 9-Mo Sales In Romania Up 54% To 1,221 Units
Automotive

Mazda 9-Mo Sales In Romania Up 54% To 1,221 Units

Sales of Japanese automaker Mazda on the Romanian market surged 54% on the year in the first nine months of 2016, to 1,221 units sold, while the market share stood at 2.4%, the company said...

Gabriela Stan · 04.10.2016 · 13:12 · 1 min
KPMG Romania Names New Partner, Two Directors
Companies

KPMG Romania Names New Partner, Two Directors

KPMG Romania announced three new appointments with effect from 1 October, as René Schӧb joined the firm as Partner and Tracey Walker and Ionut Mastacaneanu were promoted to Directors.

Gabriela Stan · 03.10.2016 · 17:46 · 1 min
BCR: Mortgage Loans Demand Doubled After Recent Down Payment Cut
Banks-Insurance

BCR: Mortgage Loans Demand Doubled After Recent Down Payment Cut

Romania's largest bank BCR, a unit of Austria’s Erste Group Bank (EBS.RO), hiked the down payment required on mortgage loans after the implementation of the debt discharge law, but it subseq...

Gabriela Stan · 03.10.2016 · 17:28 · 1 min