Translator RO-EN
Ioana Tudor
- Fields
- Social/Politics, Capital Market, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 3.881
Leu Steady Vs Euro In Early Session
The Romanian leu was stable against the euro Thursday morning and traded at around 4.39 units in quiet market.
ANAF: Romania’s Tax Revenue Up 6.5% On Year To RON27B In 1Q
Romania’s tax authority ANAF collected total taxes of 27 billion lei (EUR6.15 billion) in the first three months of 2013, up 6.5% compared with the similar interval a year ago, thanks to hig...
Bucharest Stocks End Down, Fondul Proprietatea Lifts Turnover
The Bucharest stock exchange closed down Wednesday, while two special deals with the shares of investment fund Fondul Proprietatea (FP.RO) secured 60% of the bourse’s liquidity.
Vestas To Supply 36 Wind Turbines For Project Developed By Lukerg Renew In Romania
Danish group Vestas, the world’s largest wind turbine producer, will supply 36 wind turbines with a total installed capacity of 72 megawatts for a project developed by Lukerg Renew in Tulcea...
Radacini Motors To Open New Chevrolet Showroom In Bucharest
Car dealer Radacini Motors will open a new Chevrolet showroom in Bucharest, Chevrolet Romania said in a press release Wednesday.
Low Profit Margin Discourages Insurers From Selling Health Insurance Policies
Damages paid by insurers selling private health insurance policies amount to 90% of underwritten premiums on this segment, while administration expenses reach 5-6%, which explains why only a...
BCR BpL Savings Deposits Up 60% On Year To Over RON1.4B In 2012
Romanian mortgage lender BCR Banca pentru Locuinte (BCR BpL) had 304,000 clients at the end of 2012, cumulating savings deposits of over 1.4 billion lei (EUR0.32 billion), up over 60% on the...
Dumping Can No Longer Help Insurers In Romania – CSA Official
Price-based strategies promoted by insurance companies in Romania will fail considering that indemnities paid by insurers exceed underwritten premiums, Dan Constantinescu, representative of...
Bucharest Bourse Opens Down On Low Volumes
The Bucharest stock market opened down Wednesday, unlike the main European markets, amid still low volumes.
Bucharest Stocks End Down After Quiet Session
The Bucharest stock market closed down Tuesday, while several special deals with the shares of Banca Transilvania (TLV.RO) lifted the bourse’s still low liquidity.
Raiffeisen Dolar Plus Assets At $62M In March, Double On Year
The net assets administered by Raiffeisen Dolar Plus, the only dollar denominated investment fund in Romania, doubled on the year to $62 million in March.
ANAF, CFR Marfa To Take Over CFR Debts
Romania’s tax authority ANAF will take over an overdue debt of 119 million lei (EUR27 million) state-run railway operator CFR has to privatization authority AVAS, and then rail carrier CFR M...