Reporter
Gabriela Stan
- Fields
- Capital Market, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2014
- Articles
- 3.917
Fondul Proprietatea Shareholders Called On October 11 To Approve Capital Reduction
Romanian investment fund Fondul Proprietatea (FP.RO) has called for the general meeting of shareholders on October 11 to approve the capital reduction from RON9.1 billion to RON8.56 billion...
BRD Sogelease Financing Doubles To EUR73M In 1H/2016
BRD Sogelease, the leasing subsidiary of Romanian lender BRD - Groupe Societe Generale, granted financing of EUR73.6 million in the first six months of 2016, double versus the year-earlier p...
Bankers See Mortgage Lending Demand Down In 3Q/2016
Local banks expect the mortgage loan and consumer loan demand on the population segment to drop in the third quarter of 2016 compared with the previous quarters, according to a survey conduc...
Inditex Opens First Zara Home Store Outside Bucharest
Spain’s Inditex, which has eight brands in Romania, among which Zara, will open its first Zara Home store outside Bucharest on September 8, in City Park shopping mall in Constanta.
Bramac Romania Buys Elpreco Concrete Roof Tile Plant
Bramac Romania has signed a framework agreement for the acquisition of the concrete roof tile plant of Elpreco, based in Craiova, for approximately RON33 million (EUR8 million).
3TS Catalyst Invests EUR0.7M In Recruitment Platform Smartdreamers
Private equity fund 3TS Catalyst will invest EUR0.7 million in Romanian online recruitment platform Smartdreamers for expansion in Romania, Hungary and other regional markets, according to M...
Cemacon Cluj To Take Out Loan Worth Maximum RON60M
Romanian brick maker Cemacon Cluj (CEON.RO) approved the contracting of a loan worth maximum RON60 million, of which RON55 million for refinancing and RON5 million for working capital, the c...
Wizz Air Launches Flight From Satu Mare To London In October
Low cost airline Wizz Air will start operating a new flight from Satu Mare (north-western Romania) to London- Luton airport (UK), twice a week, on Mondays and Fridays, starting with October...
EBRD Grants EUR25M Loan To Universal Alloy Corporation Europe
The European Bank for Reconstruction and Development (EBRD) is providing a EUR25 million loan to Universal Alloy Corporation Europe (UACE), a producer of aluminum components for the aerospac...
CITR: Insolvency Numbers In Agriculture Sector Up 34-Fold In 1H/2016
The Romanian agriculture sector was highly affected by insolvency in the first six months of 2016, as the number of companies with major impact on economy that went insolvent rose 34-fold fr...
Prutul SA, Eximbank Sign RON46.5M Financial Agreement
Lender EximBank signed a RON46.5 million financial agreement with Galati-based Prutul SA, a top player on the local market of vegetable oil producers and in agribusiness sector.
Ford To Invest EUR130M In Automobile Craiova By 2019
U.S. carmaker Ford will invest a minimum additional sum of EUR130 million from own sources at its Romanian unit Automobile Craiova by the end of 2019, the Romanian Finance Ministry said in a...