Translator RO-EN
Ioana Tudor
- Fields
- Social/Politics, Capital Market, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 3.881
GFR To File Bids Friday For Privatization Of Bulgarian, Croatian Freight Railway Carriers
Romanian Grup Feroviar Roman (GFR) Friday will submit bids for the privatization of Bulgaria and Croatia’s freight railway carriers, which have cumulated turnover of EUR250 million and 10,00...
FrieslandCampina Might Shut Down Plant In Cluj; Company Representatives Reject Rumor
Romanian dairy product maker Napolact, part of group Fries¬landCampina, might shut down its plant in Cluj county and relocate production to Targu Mures, local authorities said Wednesday.
Bucharest Bourse Ends Down On Extremely Low Volumes
The Bucharest stock market closed down Wednesday, while investors lacked appetite for transactions and the bourse’s liquidity was scarce.
Smithfield Romania’s Profit Quadruples In Fiscal Year 2013 To $41M
U.S. pork producer and processor Smithfield Foods’ operating profit in Romania quadrupled in the 2013 fiscal year ended in April to $41.4 million, thanks to higher sales and farm subsidies.
Government To Hire Private Experts To Avoid Losing EUR6.5B In EU Funds
The Romanian government will hire private experts to analyze requests for European financing and will pay them EUR280 per day for a period of two years, ensuring the money from EU funds and...
Home Prices Might Fall Once Financing For 2013 First Home Program Is Exhausted
Over 70% of Romanians interested in buying a home want to make the acquisition through the state-guaranteed First Home program, as they are not eligible for other mortgage loans, therefore h...
Creditors Approve Hidroelectrica’s Reorganization Plan
The creditors of Romanian insolvent state-owned hydropower producer Hidroelectrica approved the reorganization plan of the company Tuesday.
Bucharest Bourse Ends Slightly Down On Low Liquidity
The Bucharest stock exchange closed slightly down Tuesday, while lenders BRD (BRD.RO), Erste Group Bank (EBS.RO) and investment fund Fondul Proprietatea (FP.RO) secured two thirds of the bou...
Remus Vulpescu Replaced As Rompetrol Rafinare Board Member By OPSPI Head
Remus Vulpescu has been dismissed from the position of member in the Executive Board of Romanian Rompetrol Rafinare (RRC.RO) and has been replaced by Gabriel Dumitrascu, the head of state as...
Parliament Endorses Financial Supervisory Authority’s Board Members
Romania’s Parliament endorsed Tuesday the members of the board of the country’s Financial Supervisory Authority (ASF).
Romeo-Florin Nicolae Named Customs Authority Head
Romanian Prime Minister Victor Ponta has appointed Romeo-Florin Nicolae as head of the National Customs Authority, replacing Dorel Fronea.
Elena Pop Takes Over As ADM Farm CEO
Elena Pop, one of the stockholders of Romanian drug distributor ADM Farm, took over as chief executive officer of the group on April 1.