Reporter
Gabriela Stan
- Fields
- Capital Market, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2014
- Articles
- 3.917
Asirom Ranks First On Romanian Insurance Market In 1Q
Romanian insurer Asirom, owned by Austria’s Vienna Insurance Group (VIG), ranked first among insurance companies operating on the local market in the first quarter of the year, with underwri...
Government To Adopt Budget Revision On August 10
The Romanian government will adopt the budget revision in the government session on August 10; meanwhile it is opened to public debate on the website of the Finance Ministry, government spok...
Romanian Insurance Market Up Over 9% To RON2.4B In January-March
Romanian insurance market rose over 9% on the year in January-March, to RON2.4 billion, according to official data provided by the Financial Supervisory Authority (ASF).
Piraeus Bank Cuts Required Down Payment On Mortgage Loans To 20%
Piraeus Bank has decided to cut the down payment required on mortgage loans in lei to 20%, after it was increased to over 40% in May due to implementation of the law on debt discharge.
DPD Romania Turnover Up 26% In January-June
Parcel delivery service company DPD Romania, owned by French group GeoPost, posted a 26% higher turnover, at EUR47 million, in the first six months of 2016, while its deliveries volume rose...
Primavera Development Builds EUR70M Shopping Mall In Sibiu
Real estate company Primavera Development will build a shopping center in central Romanian city of Sibiu, which is scheduled to be opened in the second half of 2018.
Posta Romana Paid EUR163M In Taxes To State Budget In 2014-2015
Romania's state-owned postal operator Posta Romana contributed EUR163 million to the state budget in 2014 and 2015, as profit tax, VAT for commercial contracts, and taxes to the state budget...
Zentiva Profit Up 81% To RON32.4M In January-June
Zentiva Bucharest (SCD.RO), a unit of France’s pharmaceutical group Sanofi, reported a net profit of RON32.4 million in January-June 2016, up 81% against the year-earlier period.
SIF Oltenia’s Stake In Transelectrica Drops Below 5%
Romanian regional investment fund SIF Oltenia (SIF5.RO) on Tuesday said its stake in the country’s power grid operator Transelectrica (TEL.RO) fell by 0.2 percentage points to 4.93% (3,614,1...
Romgaz Signs Two Contracts Worth RON935.5M With Electrocentrale Bucuresti
Romania’s largest natural gas producer Romgaz Medias (SNG.RO) has signed a contract worth RON405.7 million with the country’s largest thermal power producer Electrocentrale Bucuresti (ELCEN)...
Sameday Courier Turnover Up 36% In January-June
Delivery service firm Sameday Courier (SDAY.RO) reported a turnover of RON6.02 million in the first half of 2016, up 36% on the year, while its profit rose 88%, the company said in a stateme...
Romanian Industrial Producer Prices Up 0.7% On Month In June
Romania’s industrial producer price index increased 0.7% in June compared with May, after a 0.4% increase in May, the country’s statistics board said Tuesday.