Translator RO-EN
Ioana Tudor
- Fields
- Social/Politics, Capital Market, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 3.881
ANRE Caps Power Distributors’ ROR At 8.5% For Five Years
Romania’s energy market regulator ANRE capped at 8.5% from 10% the rate of return (ROR) on investments made by electricity distributors and may increase it by 0.5 percentage points if distri...
Spanish-Held Firm Builds Block Of Flats In C Bucharest
A Spanish-held company is developing a block of flats in central Bucharest, in an investment worth EUR2 million, real estate firm G3 Imobiliare, the promoter of the project, said in a statem...
Three Consortia File Bids To Advise On Romanian CE Hunedoara Sale
Three consortia filed bids to advise on the sale of Romania’s state-run energy holding CE Hunedoara, the country’s Department for Energy, the majority shareholder of the company, said Wednes...
Greek Group Sprider Exits Romania; Its Local Unit Went Bust
Greek fashion retailer Sprider Stores Tuesday closed its store network in Romania after its local subsidiary went bankrupt in July.
Bucharest Bourse Ends Down; Proprietatea Secures Over 1/3 Of Total Turnover
The Bucharest stock exchange fell 0.41% Tuesday and its 30.7 million lei (EUR6.9 million) overall turnover was mainly secured by investment fund Fondul Proprietatea (FP.RO), through share tr...
German Group Continental Opens Fuel Pump Plant In C Romania
German auto group Continental Tuesday inaugurated a fuel pump plant in industrial park Ghimbav-Brasov, central Romania, following a EUR40 million investment.
Court Rejects Rompetrol Downstream’s Claim To Have Antitrust Fine Annulled
The Bucharest Court of Appeals has overruled a claim filed by Rompetrol Downstream, the fuel distribution unit of oil group Rompetrol, to have a 160 million lei (EUR37.8 million) fine applie...
Banca Carpatica Elects Three Supervisory Board Members
Romanian lender Banca Comerciala Carpatica Tuesday elected three Supervisory Board members extending the mandates of two of its old members, Nicolae Petria and Doina Toader.
Morgan Stanley Becomes Second Largest Stakeholder Of Proprietatea With Over 5% Of Shares
Morgan Stanley, the largest bank by assets in the United States, has increased its stake in Romanian investment fund Fondul Proprietatea (FP.RO) to over 5% and has become the second largest...
AdePlast Wants To Build Basalt Fiber Plant With Money Raised From IPO
Romanian building materials producer AdePlast, owned by businessman Marcel Barbut, will use the money raised from its initial public offering to build a basalt fiber plant, a project estimat...
Dacia Car Registrations In France Rose 7.3% In January-September
Romanian carmaker Dacia’s new car registrations in France rose 7.3% in the first nine months of 2013 to 65,291 units, while the overall French car market shrank 8.5% to 1.31 million units, a...
SSIF Broker Took Over 380 Clients With Assets Of RON54M From Avantgarde
SSIF Broker (BRK.RO) said Monday it has taken over about 380 clients, with assets worth 54 million lei (EUR12 million), from brokerage firm Avantgarde Finance, which will cease operations.