Translator RO-EN
Ioana Tudor
- Fields
- Social/Politics, Capital Market, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 3.881
ANRE Official: Electricity Prices To Rise After Curtailing Support For Green Power Producers
The price of electricity will rise following Romanian authorities’ recent decision to limit state support for producers of renewable energy, Zoltan Nagy-Bege, member in the executive board o...
Mega Image To Open Two New Stores In Romania Wednesday
Retailer Mega Image, part of Belgian group Delhaize, will open two Shop&Go stores Wednesday, in Brasov and Bucharest, expanding its local network to 228 units.
Bucharest Bourse Opens Down; Spotlight On Fondul Proprietatea
The Bucharest stock exchange opened down Tuesday, while investment fund Fondul Proprietatea (FP.RO) was again the most attractive issuer.
Leu Rises Vs Euro In Early Action
Romania’s leu gained ground against the euro Tuesday morning and traded below 4.51 units on reduced volumes.
OMV Petrom, ExxonMobil Complete 3D Seismic Survey In The Black Sea
ExxonMobil Exploration and Production Romania and oil company OMV Petrom (SNP.RO) completed a large 3D seismic survey in the Black Sea covering over 6,000 square kilometers in the deepwater...
ING Asigurari To Pay Dividends Worth EUR5.3M To Majority Shareholder
Romanian insurer ING Asigurari will pay dividends worth 23.8 million lei (EUR5.3 million) from the profit registered in 2012, up 72% on the year, to its majority shareholder, ING Continental...
UK Ambassador: Romanian State-Owned Company Sale Process Far From Perfect
The privatization of Romanian state-owned companies has definitely not been a perfect process and Romania must focus on attracting more international investors, UK Ambassador to Bucharest Ma...
Tarom’s New CEO Says Company May Switch To Profit In 2014
Tarom’s chief executive officer Nicolae Demetriade said Monday there is no chance the state-owned airline, which registered loss of 64 million lei (EUR14 million) in January-May, will switch...
Tarom General Manager’s Four-Year Mandate Shortened
The mandate of Christian Heinzmann as general manager of Romanian state-owned airline Tarom has been shortened from four to one year.
Erste To Increase Share Capital By EUR660M To Repay EUR1.7B In Participation Capital
Austria’s Erste Group Bank (EBS.RO) will increase its share capital by about EUR660 million to fully redeem participation capital of EUR1.76 billion, the lender said in a statement Monday.
Trade Registry: Over 7,000 Romanian Firms Went Insolvent In January-May
About 1,164 Romanian firms defaulted on their debts in May and the number of insolvencies reached some 7,100 in the first five months of 2013, down 4.5% on the year, according to Trade Regis...
Danubius Hotels Reduced Loss In Romania In 1Q
Hungarian group Danubius Hotels registered loss before taxation of HUF23 million (340,000 lei) in Romania in the first quarter of 2013, down one third on the year, as revenues increased 13%...