Translator RO-EN
Ioana Tudor
- Fields
- Social/Politics, Capital Market, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 3.881
Bucharest Stocks End Up After Quiet Session
The Bucharest stock market closed slightly up Thursday, and transactions with shares of investment fund Fond Proprietatea (FP.RO), the Bucharest Stock Exchange (BVB.RO), and SIF Transilvania...
Romanian Pillar II Funds Won’t Be Allowed To Invest In Private Equity Real Estate Starting 2013
Romanian mandatory private pension fund (Pillar II) administrators will be forbidden to invest in private equity real estate or in securitized financial instruments starting January 1, 2013,...
Goodyear Dunlop Tires Opens New Premio Unit In Romania
Tire maker Goodyear Dunlop Tires Romania has opened a Premio Proinvest repair shop in Alexandria, southern Romania, and will launch two more units in Constanta (SE) and Bistrita-Nasaud (N) t...
Realty Developer Impact Might Cut Share Capital To RON19.8M
Romanian businessman Adrian Andrici, which owns a 10.69% stake in real estate developer Impact Developer&Contractor (IMP.RO), proposed the reduction of the company’s share capital to 19.78 m...
SIF Oltenia Buys 5% In Bucharest Stock Exchange For EUR1.7M
Romanian regional investment fund SIF Oltenia (SIF5.RO) has entered the shareholding structure of the Bucharest Stock Exchange (BVB.RO) after it bought a 4.99% stake in the capital market op...
Bucharest Stocks End Slightly Down On Low Volumes
The Bucharest stock exchange closed down 0.2% Wednesday, unlike the main European markets, while the bourse’s liquidity was mainly lifted by transactions with shares of investment fund Fondu...
Romania’s EU Fund Absorption Rate Remains Unchanged In November
Romania’s cohesion and structural fund absorption rate remained unchanged in November, at 9.72% (EUR1.867 billion), as payments from the European Commission were zero.
Innovative Firms Registered Turnover, Capital Increases In 2008-2011 - Survey
Romanian innovative firms have registered turnover and capital increases since the beginning of the crisis, and their gross value added (GVA) climbed 24% between 2008 and 2011, according to...
Wellkept Imobiliare Develops Five-Story Office Tower In Central Bucharest
Real estate developer Wellkept Imobiliare has started the construction of a five-story office tower in central Bucharest.
Posta Romana Wants To Tap Insurance, Mobile Telephony Markets
Romanian state-owned postal company Posta Romana is considering providing banking, insurance brokerage or mobile telephony services to offset a further decrease in turnover expected for 2013...
Romania Pays Out RON7.4B In Public Investment Funds In Jan-Sept, Below Estimates
Romania disbursed 7.4 billion lei (EUR1.6 billion) in the first nine months of the year in funds earmarked for public investment projects, some 51% of the sum stated in the country’s public...
Insurer Astra Asigurari To Redeem Shares Of RON1.73M
Romanian insurer Astra Asigurari will redeem shares of 1.73 million lei (EUR0.38 million), or 0.3% of its share capital, according to a decision approved by shareholders on December 3.