Reporter
Gabriela Stan
- Fields
- Capital Market, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2014
- Articles
- 3.917
Romanian Leu Up 0.38% Vs Euro, Exchange Rate At 4.444
The Romanian leu gained ground versus the euro by midday Monday and the central bank set the leu’s reference rate versus the euro at 4.444 units, up 0.38% from 4.462 units Friday.
OMV Petrom Names New Supervisory Board Member
Romania's largest oil company OMV Petrom (SNP.RO), majority owned by Austria's OMV, announced the appointment of Reinhard Florey as interim member and Deputy President of the Supervisory Boa...
EC Refers Romania To Court Of Justice For Failure To Transpose Directive On Single European Railway
The European Commission decided to refer Romania, Greece and Luxembourg to the Court of Justice of the EU for failing to transpose into national law Directive 2012/34/EU establishing a singl...
Bermas Suceava Eyes RON26M Turnover In 2016
Bermas Suceava, one of the ten largest brewers on the Romanian market, targets a turnover of RON26 million in 2016, up 9% on the year, the company said in a statement Friday.
City Insurance Needs EUR30M Share Capital Hike To Exit Recovery Procedure
Insurance company City Insurance, owned by businessman Dan Odobescu, needs a EUR30 million share capital increase to exit the financial recovery procedure, according to the plan approved by...
Banca Transilvania Hikes Share Capital By RON620M
Romanian lender Banca Transilvania (TLV.RO) has increased its share capital by RON620 million by issuing 620 million shares with a face value of RON1 each, thus reaching RON3.646 billion.
Retail, Logistics, IT Companies Registered Highest Salary Hikes In 1H
Employees in private companies got a 10% salary hike and a 16% bonus increase in the first six months of the year, due to the positive economy trend, the development of companies, and the mi...
EC: Romania, Above EU Average On Transposing EU Directives Into National Laws
Romania registers an average delay of 8.5 months in transposing EU directives into national laws, representing a slight increase from 8.1 months in the previous report, but still above the E...
PwC: 72% Of Companies Expect To Achieve Advanced Levels Of Digitization By 2020
One third of companies worldwide say they have achieved advanced levels of digitization today, while 72% of companies expect to achieve advanced levels of digitization by 2020, according to...
Economy Ministry Launches National Multiannual Program for Micro-Industrialization
Romanian Economy Ministry on Wednesday launched the national multiannual program for micro-industrialization, the fourth of the ten programs implemented by the ministry this year.
Grawe Romania Hikes Share Capital To RON40M
Austrian group Grawe, which owns insurance company Grawe Romania, increased the insurer’s share capital from RON28.5 million to RON40 million (EUR9 million).
Johan Gabriëls, Former Carpatica, RBS Head, Returns As Moneycorp Manager
UK-based company Moneycorp, specializing in international payment and foreign exchange services, opened a branch in Romania, which will be managed by Johan Gabriëls, former manager of Banca...