Reporter
Gabriela Stan
- Fields
- Capital Market, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2014
- Articles
- 3.917
Banca Comerciala Carpatica Raises Required Down Payment On Mortgage Loans
Banca Comerciala Carpatica has decided to raise the down payment required on mortgage loans in lei from 15% to 28%, due to implementation of the law on debt discharge.
Pharmaceutical Company Hexi Pharma Cannot Be Dissolved
Judges ruled on Monday that Romanian pharmaceutical company Hexi Pharma cannot be liquidated or dissolved, cannot be subject to mergers, reduce share capital or alienate assets.
Allview Eyes 10% Sales Growth In 2016
Allview brand, which sells smartphones, tablets and other gadgets, sold one million units last year, and estimates a 10% sales growth in 2016, Lucian Peticila, Allview general manager, told...
Net Assets Of Romanian Open-End Investment Funds Flat In April
The net assets of Romanian open-end investment funds stayed flat in April at RON21 billion (EUR4.7 billion), while the growth since the beginning of the year continues to be modest, at 0.2%,...
Ovidiu Ghiman, Telekom: Companies Understand They Should Do Intelligent Business
The economy is growing, which is good for telecom companies, given that companies understand that they should do more and more intelligent business and use the wider capacities in informatio...
Leroy Merlin To Open New Store In Bacau
French DIY retailer Leroy Merlin will open a store in Bacau on May 27, its thirteenth Romanian unit and the second unit in Moldavia region.
VEM Proiect Lighting Sales Up 21% To EUR4M IN 2015
VEM Proiect Lighting, the electrics division of Menatwork group, registered sales of EUR4 million in 2015, up 21% on the year, the company said in a statement on MONday.
Traders With Annual Sales Of Over EUR10,000 Forced To Accept Card Payments
Traders with annual sales of minimum EUR10,000 will be forced to have POSs and accept card payment as of May 20, when the cash back law comes into force.
Nidera Borrows $110M From Raiffeisen, UniCredit And ING
Nidera Romania, the local unit of Chinese-Dutch grain trader Nidera, will borrow $110 million from Raiffeisen, UniCredit and ING, for future projects and transactions, according to the infor...
NEPI Posts EUR31.6M Revenues In January-March
South-African investment fund New Europe Property Investment (NEP.RO) reported revenues worth EUR31.6 million in the first quarter of 2016, up by nearly one third compared with the same peri...
Law On Debt Discharge Comes Into Force
The law on debt discharge came into force on Friday, 15 days after it was signed into law by Romanian President Klaus Iohannis and published in the Official Gazette.
Press Review - May 13, 2016
Romania’s Largest Lenders Raise Required Down Payment On Mortgage Loans The largest lenders in Romania started to raise the required down payment on mortgage loans due to implementation of t...