Translator RO-EN
Ioana Tudor
- Fields
- Social/Politics, Capital Market, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 3.881
Bucharest Stock Exchange OKs After-Hour Trading For Romgaz IPO
The Bucharest Stock Exchange extended trading hours for an initial public offering for 15% in state-run natural gas producer Romgaz at the request of lender Banca Comerciala Romana (BCR), pa...
Bucharest Bourse Ends Up; Turnover Lifted Again By Biofarm Deal
The Bucharest stock exchange closed up 0.67% Thursday and a 10.67 million lei (EUR2.4 million) deal with 3.2% of the shares of medical drug producer Biofarm (BIO.RO) lifted the bourse’s turn...
ELCEN Wants To Borrow RON200M To Buy Fuel
Romanian state-run electricity and thermal power producer Electrocentrale Bucuresti (ELCEN) wants to borrow 200 million lei (EUR45 million) from banks to buy fuel for energy production betwe...
Heineken Sales In Romania Fell Significantly In 3Q/2013
Dutch brewer Heineken NV registered a significant decrease in sales in Romania in the third quarter of 2013 due to the country’s economic difficulties, which affected consumption, and unfavo...
Fraud Causes Romanian Insurers To Lose Up To EUR150M/Year - Association
Insurers in Romania lose about EUR150 million annually, or 10% of the value of underwritten premiums, because of fraud, Bogdan Andriescu, head of national association of brokers UNSICAR, sai...
SIF Muntenia Buys New Stake In Biofarm For EUR2.4M
Romanian regional investment fund SIF Muntenia (SIF4.RO) Thursday bought 3.2% (or 35 million shares) in medicine producer Biofarm (BIO.RO) for 10.67 million lei (EUR2.4 million).
BCR Wants After-Hour Trading For Romgaz IPO
Romanian lender Banca Comperciala Romana (BCR), part of the consortium which brokers an initial public offering for 15% in state-run natural gas producer Romgaz, has called on the Bucharest...
Marian Parvu Named General Manager At Oltchim
Romanian insolvent state-owned chemical plant Oltchim Ramnicu Valcea (OLT.RO) has appointed Marian Parvu as general manager, union leader Corneliu Cernev said Wednesday.
JLL: A Quarter Of Shopping Centers In Romania Need Upgrading
One of the reasons why some shopping centers in Romania are facing difficulties is that they failed to keep pace with changes on the retail market and did not invest in modernization, Carmen...
SIF Oltenia Sells Its Entire Stake In Biofarm To SIF Muntenia For EUR21.6M
Romanian regional investment fund SIF Oltenia (SIF5.RO) Wednesday sold its entire stake (28.77%) in medicine producer Biofarm Bucuresti (BIO.RO) in a special deal worth 96.07 million lei (EU...
Bucharest Bourse Ends Undecided; Biofarm Deal Lifts Turnover
The Bucharest stock market closed undecided Wednesday and a special deal with 28.7% of the shares of medical drug producer Biofarm (BIO.RO) lifted the bourse’s turnover to 112 million lei (E...
Romania Gets EUR1.3B From EU To Upgrade Railway, Ports
Romania’s Transport Ministry has been allotted EUR1.3 billion in European funds to upgrade the railway linking Craiova to Calafat, a EUR400 million investment, and modernize 16 ports.