Translator RO-EN
Ioana Tudor
- Fields
- Social/Politics, Capital Market, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 3.881
Iproeb Bistrita Revenues Drop 20% In 1H To RON45.7M, Net Profit Fells Ten Times
Romanian cable maker Iproeb Bistrita (IPRU.RO) said Monday its revenues dropped 20% in the first semester, to 45.7 million lei (EUR10.2 million) from RON57.6 million in the similar interval...
Bucharest Shares End Down, On Low Traded Values
The Bucharest stock exchange closed down Monday, and transactions with shares of OMV Petrom (SNP.RO) and Fondul Proprietatea (FP.RO) covered over two thirds of the bourse’s turnover of only...
Transport Ministry Budget Cut By RON1.25B
The budget of the Romanian Transport Ministry was reduced by 1.25 billion lei (EUR279.9 million) to RON13.42 billion, in the budget revision approved last week by the Government.
Cocor Sells Retail Space In Bucharest At Record Price Of EUR20,000/Sqm
Shopping center operator Cocor Bucuresti (COCR.RO) sold in August a 196-square meter retail space in Bucharest for about EUR3.98 million, or EUR20,348/sqm, a record price on the Romanian ret...
Remote Villages To Be Electrified By 2016, Costs Estimated At Over RON1B
Romania’s rural electrification program, targeting to provide electricity to households in 2,240 remote villages, will be carried out between 2012 and 2016 and will entail investments of ove...
First Romanian ETF To Be Admitted To Trading On Bucharest Bourse Wednesday
The first Romanian exchange-traded fund, ETF BET Tradeville, will be admitted to trading on the Bucharest Stock Exchange Wednesday, the market operator said Friday.
Generic Drug Producers Deem New Clawback Tax Still Unfair
The Association of Romanian Producers of Generic Drugs (APMGR) rejects the new clawback tax approved by the Government Thursday, arguing that authorities continue to ignore the propositions...
Bucharest Bourse Closes Down On Low Turnover
The Bucharest stock exchange ended down Friday, tracking international markets, and the bourse’s liquidity hit a five-week low of 6.3 million lei (EUR1.4 million), reflecting investors’ lack...
Oltchim Drops Plan To Put Employees On Furlough
The management board of Romanian chemical plant Oltchim Ramnicu-Valcea (OLT.RO) on Friday decided to abandon its plan to put 506 employees on furlough for a month, the company said in a stat...
Oltchim's Decision To Put Over 500 Employees On Furlough Sparks Protests
Some 250 employees of Romanian chemical plant Oltchim Ramnicu-Valcea (OLT.RO) protested in Pitesti Friday over the company’s decision to put 506 employees on furlough between August 27 and S...
Mona Pivniceru Sworn In As Justice Minister
Mona Pivniceru was sworn in Thursday as Romania Justice minister in the presence of acting President Crin Antonescu and Government officials.
Unirea Shopping Center 1H Profit Falls 32% To RON1.8M
Romania’s Unirea Shopping Center (SCDM.RO) ended the fist half of 2012 with sales of 41.4 million lei (EUR9.2 million), up 10% on the year, while its profit dropped 32%, to RON1.8 million.