Translator RO-EN
Ioana Tudor
- Fields
- Social/Politics, Capital Market, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 3.881
Transelectrica To Upgrade Power Station Using Non-Reimbursable Funds
Romanian state-run power grid operator Transelectrica (TEL.RO) will upgrade a power station in the central city of Brasov with non-reimbursable public financing amounting to 45.3 million lei...
Bosch To Receive Aid For Romanian Investments, Won’t Be Exempted From Paying Taxes
German group Bosch will receive state aid for its planned investments in western Romania, which does not entail tax exemptions, Bosch representative Brigitte Eble told a news conference Thur...
Bucharest Stocks Close Down 1% In Tedious Trading
The Bucharest stock exchange closed down Thursday amid lingering European worries, and the traded value remained reduced, with Fondul Proprietatea (FP.RO) covering almost half of the turnove...
Strabag Romania Works Value Hits EUR41M In 1Q
The value of works performed by Austrian constructor Strabag in Romania increased to EUR41.2 million in the first quarter of 2012, from EUR15 million in the same interval a year ago, and its...
ANCOM Fines Total Post RON50,000 For Breaching Posta Romana's Monopoly
Romania's telecom market regulator ANCOM has fined Total Post Services 50,000 lei (EUR11,198) for providing postal services on which state-owned postal company Posta Romana holds a monopoly...
Opposition Challenges Bill On Single-Winner General Elections At Constitutional Court
The Romanian opposition Democratic Liberal Party (PDL) has challenged at the Constitutional Court the law introducing a single-winner first-past-the-post system in general elections, while e...
Only 16% Of Romanian Employers Offered Voluntary Private Pension As Benefits In 2011
About 16% of employers in Romania offer voluntary private pension and other savings plans as benefits to their employees last year, down 8 percentage points compared with 2010, according to...
Regal Petroleum To Sell Romanian Subsidiary To Zeta Petroleum For $650,000
London-based oil company Regal Petroleum said Thursday it will sell its subsidiary in Romania to Zeta Petroleum for $650,000.
Iulius Group Inaugurates Commercial Center Palas Iasi Thursday
Romanian realty developer Iulius Group, owned by businessman Iulian Dascalu, will open Thursday multifunctional commercial compound Palas Iasi, following an investment of EUR265 million fina...
Asirom Net Profit Fell 62% In 2011, To RON6.7M
Romanian insurer Asirom on Wednesday reported a net profit of 6.67 million lei (EUR1.5 million) in 2011, down 62% on the year and lower than its expectations, of RON39.3 million.
Samsung 2011 Profit In Romania Four Times Higher On Year At RON31.9M
Samsung Electronics Romania registered a net profit of 31.9 million lei (EUR7.1 million) in 2011, four times higher on the year, and will pay out dividends amounting to RON10.48 million.
Romania Allots EUR1.9M To Compensate Farmers For Snow-Damaged Crops
The about 3,000 Romanian farmers whose crops have been damaged by heavy snowfalls in January and February will receive state aid capped at EUR7,500 per beneficiary, Agriculture Minister Dani...