Translator RO-EN
Ioana Tudor
- Fields
- Social/Politics, Capital Market, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 3.881
Huawei Romania’s Turnover Climbs To $249M In 2012
Chinese IT&C equipment producer Huawei registered turnover of $249 million in Romania in 2012, about 10% higher on the year, and estimates its local turnover will increase to $260 million in...
Romanian Open-End Fund Assets Up 2.3% To RON10.3B In June
The combined net assets of Romanian open-end investment funds climbed 2.3% on the month to 10.3 billion lei (EUR2.3 billion) in June, data from the local Association of Asset Managers, or AA...
PwC: Romania’s M&E Market Will Reach $3.53B In 2017
The Romanian media and entertainment market will be the third fastest growing market in Central and Eastern Europe until 2017, with an average compound annual growth rate (CAGR) of 7.7%, acc...
VCST Opens Car Part Plant In Romania
Belgian company VCST inaugurated Monday a car part plant in Alba Iulia, central Romania, following an investment estimated at about EUR30 million.
Romanian Procurement Authority Head Resigns
Lucian Vladescu has resigned as head of the Romanian procurement authority ANRMAP and will be replaced by Bogdan Dobrin.
Managers Causing Firms To Enter Insolvency May Cover Debts From Their Own Pocket
Managers who cause a firm to enter insolvency will have to cover partially or totally the debts registered by the firm from their own pocket and will not be allowed to run other companies fo...
EBRD May Grant EUR59M Loan For Wind Farm Construction in SE Romania
The European Bank for Reconstruction and Development is considering providing a EUR59 million loan to Spanish firm Inveravante Inversiones Universales to build a 54-megawatt wind farm in Gal...
Companies In Romania May File For Insolvency Only For Debts Exceeding RON90,000
Romanian companies facing financial problems may file for insolvency only if their debts exceed 90,000 lei (over EUR20,000), and creditors may submit insolvency claims against debtors 30 day...
Köber’s Net Profit Rose 40% On Year To EUR3M In 2012
Romanian paint and lacquer maker Köber registered net profit of about 13 million lei (EUR2.9 million) in 2012, up some 40% on the year, according to Trade Registry data.
Bucharest Bourse Ends Up; Fondul Proprietatea Lifts Liquidity
The Bucharest stock exchange closed up Friday and the bourse’s liquidity was low, at about EUR10.6 million.
Some 40,000 Romanian Tourists Visited Danube Delta Last Year, Spent Some EUR10M
Over 41,500 Romanians visited the Danube Delta in 2012, down 2% on the year, and spent about EUR10 millions during their holiday here, the country’s statistics institute INS told Mediafax.
Average Monthly Income In Romania Falls To RON2,521/Household In 1Q
The average monthly income per household in Romania fell to 2,521 lei (EUR567) in the first quarter of 2013 from RON2,566 in the last quarter of 2012, while average monthly household expense...