Translator RO-EN
Ioana Tudor
- Fields
- Social/Politics, Capital Market, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 3.881
Mark Gitenstein Seeks Membership In Proprietatea’s Representatives Committee
Former U.S. Ambassador to Bucharest Mark Gitenstein has been nominated for a position in the Representatives Committee of Romanian investment fund Fondul Proprietatea (FP.RO).
Some 26% Of Impact Developer Up For Sale On Bucharest Bourse
The Office of Associated Legal Executors Lex wants to sell on the Bucharest stock market a 26.13% stake in real estate developer Impact Developer & Contractor (IMP.RO), belonging to the comp...
Bucharest Stocks End Up, Fondul Proprietatea In The Spotlight
The Bucharest stock market closed up Tuesday, while investment fund Fondul Proprietatea (FP.RO) ensured almost one third of the bourse’s liquidity.
Borza: Number Of Insolvencies To Surge In 2013
Banks can no longer afford to roll over non-performing loans and will start filing insolvency claims against debtors, Remus Borza, the legal administrator of insolvent state-owned company Hi...
FRC Granted Counter-Guarantees Worth EUR662M In 2010-2012
The Romanian Counter-Guarantee Fund (FRC) has granted some 17,000 counter-guarantees worth a total of EUR662 million since its establishment, in 2010.
Bank of Cyprus Says Tax On Deposits To Apply Only In Cyprus
Bank of Cyprus announced Monday the decision to tax bank deposits higher than EUR100,000 will apply only to deposits in Cyprus.
Ponta: Lowering VAT On Bread Requires Funds Of RON120M For 2H/2013
Reducing the value added tax on bread from 24% to 9% requires provisions of 120 million lei (EUR27.2 million) for the second half of the year, Romanian Prime Minister Victor Ponta said Monda...
Furniture Retailer Casa Rusu Opens New Franchised Store In NW Romania
Casa Rusu, the retail division of furniture maker Rus Savitar, on Friday opened its 13th local franchised store, in Dej, northwestern Romania.
PIC Hypermarkets Put Up For Sale As Takeover Deal Falls Through
Romanian insolvent hypermarket network PIC has been put up for sale by its legal administrator PricewaterhouseCoopers Business Recovery Services (PwC) after businessman Nicolae Sarcina quit...
UniCredit Tiriac Bank’s Factoring Transactions At EUR800M In 2012
Romanian lender UniCredit Tiriac Bank reported revenues from factoring operations of EUR796.5 million last year, similar to the level registered in 2011.
Leu Opens Slightly Higher Vs Euro As Cyprus Stalemate Solved
The Romanian leu continued to recover some of its loss against the euro Monday morning and traded at around 4.415 units, as investors regained confidence following a final agreement on safeg...
OMV Petrom Expects 15% Higher Profit In 2013
Romanian oil company OMV Petrom (SNP.RO), owned by Austria’s OMV, expects sales revenues of 17.21 billion lei (EUR3.89 billion) in 2013, down 10% from RON19.12 billion last year, and net pro...