Translator RO-EN
Ioana Tudor
- Fields
- Social/Politics, Capital Market, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 3.881
Bucharest Stocks Open Down, Oltchim Sinks
Bucharest shares opened slightly down Wednesday, tracking the main European markets, on reduced traded values, while Oltchim (OLT.RO) was losing almost 15% after the failure of the privatiza...
BNR Wants Stricter Foreign-Currency Lending Rules
Romania’s central bank will implement stricter rules regarding foreign-currency lending, and prospective borrowers must prove they can put up with severe shocks to the exchange rate.
Bucharest Bourse Ends Up, Special Deals With Fondul Proprietatea Shares Lift Turnover
The Bucharest stock exchange closed up Tuesday, following international markets, while five special deals with 1% of Fondul Proprietatea (FP.RO) shares propelled the bourse’s liquidity.
Businessman Sorin Ovidiu Vintu Gets Two Years In Prison In Old Fraud Case
The Bucharest Court on Tuesday sentenced Romanian businessman Sorin Ovidiu Vintu to two years in prison in a case regarding the collapse of the National Investment Fund (FNI).
Parliament Adopts Ordinance Restoring Public Wages To Pre-Austerity Levels
The Romanian Chamber of Deputies on Tuesday adopted with 225 to one vote and two abstentions an emergency ordinance restoring public wages to pre-austerity levels gradually.
Chamber Of Deputies Rejects Opposition’s Simple Motion On Education
Romania’s Chamber of Deputies on Tuesday rejected with 153 to 67 votes and ten abstentions the simple motion on education submitted by the opposition Democratic Liberal Party last week.
Basescu Passes Law Regulating Functioning Of ANRE
Romania’s President Traian Basescu on Tuesday passed the law regulating the functioning of energy regulator ANRE, according to the Presidency.
Romania’s Largest Hotel Owner Wants To Sell 10 Units, Seeks Foreign Investors
Hotel owner Josef Goschy has failed in his attempt to sell several of the hotels he owns in Romania, and plans to promote them in China, Russia and the Arab countries.
Bucharest Stocks End Down, Fondul Proprietatea Lifts Turnover
The Bucharest stock exchange closed down Wednesday, similar to international markets, while the overall traded value was lifted mostly by transactions with Fondul Proprietatea (FP.RO) shares...
Romania Increases Number Of EU Food Aid Beneficiaries
Romania’s Government decided to increase the number of beneficiaries of food aid from the European Union starting October, Government spokesman Andrei Zaharescu said Wednesday.
Mihnea Tobescu To Be Named GM At Euroins Romania - Sources
Mihnea Tobescu will take over as head of insurer Euroins Romania to replace Iulius Alin Bucsa, who was recently appointed general manager at insurance company Astra Asigurari, market sources...
Government Extends Clawback Tax Payment Deadline Until Oct 20
Romania’s Government extended until October 20 the deadline by which drug suppliers must pay the clawback tax.