Translator RO-EN
Ioana Tudor
- Fields
- Social/Politics, Capital Market, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 3.881
AXA Life Insurance Romania Wants To Double Underwritten Premiums To RON49M In 2012
AXA Life Insurance Romania wants to double revenues from underwritten premiums this year to 49 million lei (EUR11 million), the insurer’s sales manager, Dan Buta, told a news conference Tues...
Hidroelectrica's Insolvency To Cut By 21% Fondul Proprietatea’s NAV
The start of insolvency proceedings at Hidroelectrica would reduce by 21% the net asset value of investment fund Fondul Proprietatea (FP.RO), which holds 20% in the Romanian hydropower produ...
Sales Fall, Surging Debts Push Hidroelectrica To Request Insolvency
The Managing Board of Hidroelectrica decided to request the start of insolvency proceedings as the Romanian hydropower producer registered lower sales and rising debts, the company said in a...
Lower House Passes Bill Whereby Parliament Decisions May Not Be Contested At Constitutional Court
The Romanian Chamber of Deputies on Tuesday adopted a bill whereby the decisions adopted by the legislature may not be contested with the Constitutional Court.
Mitre Building Construction Files Insolvency Claim Against Cocor Bucuresti
Firm Mitre Building Construction on Monday filed an insolvency claim with the Bucharest Court against shopping center operator Cocor SA Bucuresti (COCR.RO) for unpaid bills of about 120,000...
Bucharest Bourse Ends Up, BRD Deals Raise Traded Value
The Bucharest stock exchange closed up Monday, and the still unimpressive overall traded value was boosted by two deals with BRD-Groupe Societe Generale (BRD.RO) shares and several transacti...
Smithfield Romania Sales Up 23% In Fiscal Year 2012 To $246M
U.S. pork producer and processor Smithfield Foods said its sales in Romania increased by 23% in fiscal year 2012, to $245.8 million from $199 million, after its local subsidiary resumed pork...
Survey: Romania’s Green Certificate Scheme Too Generous, Will Harm Energy System
The aid granted by Romania to support the production of renewable energy is too generous and will lead to overcapacity, which will affect the stability of the country’s energy system, accord...
Romania To Increase By 30,000 Number Of Vouchers For Clunkers Program
Romanian Environment Minister Rovana Plumb said Monday the number of scrappage voucher granted for the current edition of the cash-for-clunkers program will be increased by 15,000 by the end...
Unconventional Gas May Cover Romania’s Need Of Russian Gas - Romgaz Official
Unconventional gas, including shale gas, may relieve Romania of its dependence on Russian gas imports, which currently covers some 20-30% of national consumption, Monday said Radu Gheorghe,...
Molson Coors Completes Acquisition Of Beer Maker StarBev
American group Molson Coors said Monday it has completed the acquisition of beer maker StarBev, also present on the Romanian market, for about EUR2.65 billion.
Bucharest Shares Close Slightly Up, Fondul Proprietatea Still In The Spotlight
The Bucharest stock exchange closed slightly up Thursday, unlike European markets, and the overall traded value remained low.