Translator RO-EN
Ioana Tudor
- Fields
- Social/Politics, Capital Market, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 3.881
Bucharest Bourse Up In Early Action; Special Deal Lifts Turnover
The Bucharest stock exchange opened up Wednesday, similar to the main European markets, with investors showing reduced appetite for transactions.
Leu Falls Slightly Vs Euro In Early Trade
Romania’s leu fell slightly versus the euro in early action Wednesday and traded at about 4.44 units amid rising volumes.
Carpathian Springs Doubles Sales To RON34M In 2012
Carpathian Springs, owner of mineral water brand Aqua Carpatica, created by businessman Jean Valvis in 2010, doubled its turnover in 2012 to about 34 million lei (EUR7.5 million), according...
Former CSA Reports Loss Of RON15M For 2012
Former insurance market regulator CSA, whose duties have been taken over this year by the Financial Supervisory Authority, registered loss of 15 million lei (EUR3.4 million) last year, down...
IMF Chief: Romania Must Become More Active In Guaranteeing Loans For SMEs
The Romanian government should become more involved in guaranteeing loans for small and medium-sized enterprises and for firms in sectors where risk is not as low as banks would like, Intern...
CE Hunedoara Seeks Partners To Build 7-MW Micro-Hydro Unit
Romanian state-owned electricity producer Complexul Energetic Hunedoara is looking for partners to construct a 7-megawatt micro-hydro facility on the Mures river, an investment worth about E...
Rominserv To Offer Consulting Services For Construction Of Kazakh Petrochemical Complex
Rominserv, part of Romania’s second largest oil group Rompetrol, will offer project management consulting services for $5 million for the construction of a petrochemical complex in Kazakhsta...
Only One Bid To Broker Electrica’s Listing On Bucharest Bourse - Sources
A consortium of Citigroup, Raiffeisen Capital&Investment, BRD-Societe Generale and Swiss Capital filed the only bid to broker the listing of state-owned electricity distributor Electrica on...
Maurer Imobiliare Wants To Develop Residential Project In Sibiu
Real estate developer Maurer Imobiliare will start developing a residential compound with 1,600 homes in Sibiu in July on a 10-hectare plot of land it bought this year.
Foreign Banks Withdrew Deposits Worth EUR1.7B From Romania Over Past Two Years
Non-resident bank deposits in Romania decreased to EUR6.9 billion in May, a record low since 2009, mirroring the reduction of foreign banks’ exposure to the Eastern European country.
Bucharest Bourse Opens Down On Low Volumes
The Bucharest stock market opened down Tuesday, after posting increases in the past eight consecutive sessions, while traded volumes remained low.
Some 15% Of Oscar Downstream’s Sales Generated By Contracts With State Companies
Oil trading company Oscar Downstream, controlled by Romanian businessman Alin Niculae, expects net profit of EUR7.8 million in 2013, up 15% on the year, and will continue a five-year investm...