Translator RO-EN
Ioana Tudor
- Fields
- Social/Politics, Capital Market, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 3.881
Transport Minister Proposes Cheaper Alternative To Bucharest-Otopeni Subway Mainline Project
Romania’s Transport Minster Relu Fenechiu said Wednesday costs to construct Bucharest’s sixth subway mainline to link the metro network to the Henri Coanda International Airport in Otopeni a...
Tarom President Says GM Met Less Than 30% Of Management Plan Objectives
Christian Heinzmann, general manager of Romanian state-owned airline Tarom, has met less than 30% of the objectives stated in the company’s management plan and has not started restructuring...
Debt-Mired CFR Calatori Needs Recapitalization, Might Be Privatized
Romanian Transport Minister Relu Fenechiu said Wednesday state-owned passenger railway carrier CFR Calatori needs recapitalization, which might be secured through loans or by selling the com...
Romania Saw No Significant Commercial Property Deal In 2Q
Romania registered no significant commercial property transaction in the second quarter of 2013 because the country is regarded as a risky market and banks are still cautious when it comes t...
Apartment Prices Fell 4.5% In Romania In 1H
Apartment prices in Romania fell 4.5% in the first half of 2013 from EUR978 per square meter in January to EUR934/sqm at the end of June, according to real estate portal imobiliare.ro.
Carrefour Opens New Franchised Store In Bucharest
Carrefour Romania has opened a new franchised unit in Bucharest after rebranding one more Angst store to Express, bringing its proximity store network to 28 units.
Bucharest Bourse Opens Down; Focus On Proprietatea
The Bucharest stock market was lower in early action Wednesday, with investment fund Fondul Proprietatea (FP.RO) ensuring more than two thirds of the bourse’s liquidity.
Leu Falls 0.4% Vs Euro In Early Trade
The Romania leu lost ground against the euro in early action Wednesday and traded at about 4.46 units on volumes higher than a usual summer day’s average.
Hidroelectrica Puts Off Auctions To Sell 25 Micro-Hydro Units
Romanian state-owned hydropower producer Hidroelectrica prolonged until July 11 the deadline to file bids for auctions to sell 25 micro-hydro facilities at a starting price of 73.6 million l...
Bucharest Bourse Ends Down, Eyes On Blue Chips
The Bucharest stock exchange closed down Tuesday, while investors were mainly interested in transfers with blue-chip stocks.
Antibiotice Borrows RON60M From EximBank
Romanian state-run drug maker Antibiotice Iasi (ATB.RO) has borrowed 60 million lei (EUR13.5 million) from lender EximBank to finance its activity.
Panfora Oil&Gas Earmarks $38M For Hydrocarbon Exploration In Romania In 2013
Company Panfora Oil & Gas, part of Hungarian group MOL, specializing in hydrocarbon exploration and production in Romania, has allotted $38 million for investments this year and will start e...