Translator RO-EN
Ioana Tudor
- Fields
- Social/Politics, Capital Market, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 3.881
Private Pension Funds’ Net Assets Exceeded RON12B In June
Mandatory and voluntary private pension funds in Romania registered average annual yields of 11.4% and 9.4%, respectively, over the past five years and their assets reached 12.2 billion lei...
Owner Of Shopping City Sibiu Takes NEPI, Volksbank To Court
Investment fund Argo Real Estate, which owns four shopping centers in Romania, has started legal proceedings against Austrian lender Volksbank and South-African investment fund New Europe Pr...
Foreigners’ Holdings In Proprietatea Fund Down To 62% In June
Foreign investors’ holdings in Romanian investment fund Fondul Proprietatea (FP.RO) decreased to 62% in June, from 62.58% a month earlier, the fund said Tuesday.
Prospectiuni Wants To Borrow EUR4.4M From Deutsche Forfait To Buy Equipment
Romanian oil and gas geophysical surveyor Prospectiuni (PRSN.RO), controlled by businessman Ovidiu Tender, seeks to obtain financing of EUR4.4 million from Deutsche Forfait to buy seismic su...
Genesis Biopartner Opens Cogeneration Plant On Biogas In Filipestii de Padure
Consortium Genesis Biopartner on Tuesday opened a cogeneration plant using biogas in Filipestii de Padure, southern Romania, following an investment worth EUR5 million.
Two Businessmen Want To Sell 20 Ha Of Land In Timisoara For EUR17.5M
Romanian businessmen Emil and Marius Cristescu, owners of group Bega, want to sell several plots of land in Timisoara, with an area exceeding 20 hectares, and the buildings located on them.
Huawei Rents 2,500 Sqm In Bucharest’s Tower Center
Chinese IT&C equipment producer Huawei has rented three floors (2,500 square meters) in office building Tower Center in Bucharest, where it is relocating its operations.
Hochland Romania’s Plants Generated Profit Of RON6M In 2012
Hochland Romania, one of the largest players on the local dairy product market, registered turnover of 197 million lei (EUR44 million) in 2012, steady on the year in lei.
IRUM Invests EUR1.8M In Solar Power Park In Reghin
Romanian tractor maker IRUM Reghin is investing over EUR1.8 million in a 1.39-megawatt solar power park that might become operational at the end of August, Mircea Eugen Oltean, the general m...
Combined Loss Of Three Malls In Bucharest Exceed Profit Of Five Others
Bucharest’s shopping centers Sun Plaza, Plaza Mall and Cocor registered aggregate loss of EUR27.5 million last year, higher than the combined profit of Baneasa Shopping City, Cotroceni Park,...
Tarom Might Downsize Staff, Cut Wages
The management of Romanian state-owned airline Tarom is considering downsizing the company’s staff, lowering wages and eliminating flights to conflict zones, including Egypt, Tarom CEO Nicol...
Mega Image Profit In Romania Tripled To EUR10.5M In 2012
Retailer Mega Image, part of Belgian group Delhaize, registered profit of 46.7 million lei (EUR10.5 million) in Romania in 2012, 3.5 times higher on the year.