Translator RO-EN
Ioana Tudor
- Fields
- Social/Politics, Capital Market, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 3.881
Bucharest Bourse Ends Flat, Fondul Proprietatea Lifts Liquidity
The Bucharest stock market closed almost flat Tuesday, while investment fund Fondul Proprietatea (FP.RO) covered 40% of the bourse’s still scarce liquidity.
Boromir Prod Expects Switch To RON2.8M Profit In 2013
Romanian milling and bakery company Boromir Prod Buzau (SPCU.RO) estimates it will switch to profit of 2.8 million lei (EUR0.64 million) in 2013, from loss of RON1.92 million in the previous...
Romanian Government Converts Mining Company Debts Into Shares
The Romanian government will write off the debts of mining company Remin Baia Mare to the state budget by converting them into shares, Prime Minister Victor Ponta said Tuesday.
HeidelbergCement Sales in Romania Fell 7% In 2012, To EUR195M
German group HeidelbergCement registered sales of EUR195 million in Romania in 2012, down 7% on the year, while its net profit rose 12.5% to EUR36 million, mainly thanks to cost restructurin...
Carrefour Romania Opens Four New Express Convenience Stores
French retailer Carrefour has opened four new franchise Express stores in Romania, in partnership with meat and milk processor Angst, and expanded its local convenience store network to 23 u...
Ropharma Expects 7.5% Higher Sales In 2013
Romanian pharmaceutical company Ropharma Brasov (RPH.RO) expects turnover of 445 million lei (about EUR103 million) in 2013, up 7.5% on the year, and net profit of RON10 million.
Businessman Nelu Iordache Indicted In EU Fund Embezzlement Case
Romanian prosecutors on Monday indicted businessman Nelu Iordache, owner of construction company Romstrade, for the misappropriation of funds allotted for the construction of the Arad-Nadlac...
Bucharest Stocks End Slightly Up On Low Volumes
The Bucharest stock market closed slightly up Monday, similar to the main European markets, and investment fund Fondul Proprietatea (FP.RO) and Erste Group Bank (EBS.RO) where the most activ...
EFG Eurobank: Housing Prices In Romania Up Slightly In 1Q
Residential property prices rose slightly in Romania in the first three months of the year, after a mild decrease in the previous quarter, according to EFG Eurobank.
Global Finance Targets 60% Occupancy Rate In Global City Business Park By Yearend
Greek investment fund Global Finance said Monday it has renewed several rental contracts for Global City Business Park and wants to increase occupancy rate from 50% currently to 60% by the e...
AdePlast Wants To Invest In Ukraine
Romanian building materials producer AdePlast, controlled by businessman Marcel Barbut, wants to expand production to Ukraine, where it plans to build two polystyrene and dry mortar producti...
Romania May Forbid Installing Solar Panels On Farmland
Solar power producers may be forbidden to install photovoltaic panels on farmland, Romanian Minister-delegate for Energy Constantin Nita said Monday.