Translator RO-EN
Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Fondul Proprietatea Calls Shareholders To Vote On Share Buyback And Sale Of Various Stakes
Fondul Proprietatea intends to buy back 1 billion shares in 2024, as part of its strategy to remunerate shareholders, at a price that may not be lower than RON0.2 and higher than RON1 per sh...
Romgaz Plans To Complete Iernut Power Plant By End Of 2024, Five Years Late
Natural gas producer and supplier Romgaz (SNG.RO) announced on the Bucharest Stock Exchange on Wednesday that it would complete the Iernut power plant in Mures County by December 31, 2024.
Romania Private Lending Slightly Up By 5.4% YoY To RON384B In November 2023
Private lending in Romania grew by 5.4% in nominal terms (down 1.2% in real terms) to RON384 billion in November 2023 compared with November 2022, central bank data showed on Wednesday (Dec...
Transport Trade Services Signs EUR40M Contracts For Provision Of Integrated Logistics Services
Danube freight carrier Transport Trade Services (TTS.RO) has informed the capital market about the conclusion by the Board of Directors of two contracts for the provision of integrated logis...
Evergent Investments Secures ASF Approval For RON14.5M Share Buyback
Evergent Investments (EVER.RO), an alternative investment fund with a capitalization of RON1.2 billion, will conduct a share buyback program of 10 million shares at a price of RON1.45/each o...
State-Run Romaero Files For Insolvency With Bucharest Court Of Law
Romaero Bucuresti (RORX.RO), a state-run strategic company for Romania’s aerospace and defense industry, on Friday notified the Bucharest Stock Exchange that it decided to file for insolvenc...
Anca Dragu Voted Governor Of Republic Of Moldova’s Central Bank
Former finance minister and former Senate speaker in Romania Anca Dragu has been appointed governor of the National Bank of the Republic of Moldova. The decision was voted by 58 deputies, as...
Nuclearelectrica Takes EUR145M Loan From EIB To Complete Europe’s First Tritium Removal Facility
Nuclearelectrica, the only nuclear power producer in Romania, signed with the European Investment Bank (EIB) a loan agreement of EUR145 million to support completion of Europe’s first Tritiu...
MedLife Gets Shareholder Approval To Extend EUR228M Credit Limit By EUR50
The shareholders of private medical service provider MedLife (M.RO) on Friday approved during an Extraordinary General Meeting the authorization of the company’s Board of Directors to negoti...
Sorin Baltasiu Becomes General Manager Of Transilvania Broker De Asigurare
Transilvania Broker de Asigurare (TBK.RO), one of the largest insurance brokers in Romania, announced a change in its executive management team, as Gabriel Loghin, the current general manage...
CFA Romania Analysts Expect Deficit To Reach 5.7% Of GDP In 2023
Financial analysts with CFA Romania association says the public budget deficit expected for this year will be 5.7% of GDP and will reach 5.2% in 2024.
Poland’s Żabka Buys Majority Stake In DRIM Daniel Distributie FMCG
Polish-held retailer Żabka, one of the largest grocery retailers in Poland, is entering the Romanian market with the acquisition of the majority stake in distribution company DRIM Daniel Dis...