Translator RO-EN
Ioana Tudor
- Fields
- Social/Politics, Capital Market, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 3.881
SIF Moldova 1Q Revenues Up 27% On Year To RON54M
Romanian regional investment fund SIF Moldova (SIF2.RO) registered revenues of 53.77 million lei (EUR12.2 million) in the first quarter of 2013, up 27% on the year, while its total costs inc...
UCM Resita 1Q Loss Down 15% On Year To RON10.4M
Romanian insolvent engine manufacturer UCM Resita (UCM.RO) said Tuesday it reduced loss by 15% on the year to 10.4 million lei (EUR2.4 million) in the first quarter of 2013, from RON12.2 mil...
British American Tobacco Expands Romanian Facility In EUR23M Investment
Cigarette maker British American Tobacco (BAT) is expanding its production facility in Ploiesti, southern Romania, in a EUR23 million investment.
Lemet 1Q Sales Up 21% On Year To RON36.5M
Romanian furniture maker Lemet registered sales of 36.48 million lei (EUR8.4 million) in the first quarter of 2013, up 21% on the year, supported mainly by its store network expansion.
Banks To Distribute Farming Subsidies Considering Agriculture Lending
Banks will broker the distribution of farming subsidies considering their market share on the agriculture lending segment, Romanian Agriculture Ministry secretary of state Achim Irimescu tol...
Electromagnetica 1Q Gross Profit Rose 50% On Year, To RON4.13M
Romanian electric and electronic equipment maker Electromagnetica Bucuresti (ELMA.RO) said Tuesday its gross profit rose 49.6% on the year to 4.13 million lei (EUR0.94 million) in the first...
Bucharest Bourse Opens Up; Fondul Proprietatea, SIFs Lift Liquidity
The Bucharest stock market opened slightly up Tuesday, while investment funds Fondul Proprietatea (FP.RO) and SIF Muntenia (SIF4.RO) secured most of the bourse’s liquidity.
Hidroelectrica Wants To Sell 88 Micro-Hydro Units Starting June
Romanian insolvent state-owned hydropower producer Hidroelectrica will put up for sales 88 of its 160 micro-hydro facilities starting June, the company said Tuesday.
MOL Sales Volume In Romania Up 5% In 1Q
Hungarian oil company MOL Tuesday said its fuel sales in Romania rose 5% in the first quarter of 2013 to 106,000 tons, from 101,000 tons in the similar interval a year ago, following the exp...
Dafora Sees Loss Of RON3.5M In 1Q
Romanian drilling company Dafora Medias (DAFR.RO), controlled by businessman Gheorghe Calbureanu, said Tuesday it registered loss of 3.49 million lei (EUR0.8 million) in the first quarter of...
Omer Tetik Named CEO Of Banca Transilvania
Credit Europe Bank Romania president Omer Tetik has been appointed chief executive officer of Romanian lender Banca Transilvania (TLV.RO).
Romania May Lower Tax On Microcaps’ Revenues Starting July
Romania might lower a 3% tax on revenues registered by microcap companies to 1.5% starting July, Minister for Small and Medium-sized Enterprises Maria Grapini said Monday.