Photographer
MediafaxFoto - Mediafax
- Fields
- Capital Market, Social/Politics, Energy
- Writing for ZF since
- 2011
- Articles
- 33
Romania Receives Formal Notification From EU Over Gas Trade Market
The European Commission formally notified Romania it has filed legal action with the EU Court of Justice over the country’s faulty natural gas cross-border trade regulations, Romanian Prime...
Ponta: Romania Risks Losing EU Funds Via HR Program Due To Management Flaws In 2010-2011
Romania risks losing definitively EUR100 million in European funds this year and EUR1.1 billion next year through the Sector Operational Program for Human Resource Development (POSDRU) due t...
Bucharest’s Transport Authority Willing To Buy Energy At Prices Higher Than On Power Exchange
Bucharest’s public transport authority RATB wants to buy EUR9 million worth of electricity at a price of 368 lei (EUR83) per MWh, 60%-70% higher than that of energy sold on the Romanian powe...
IMF, Romania Agree On New 2012 Budget Deficit Target
Romania and the International Monetary Fund have agreed to increase the budget deficit target to 2.2% of the gross domestic product in 2012, from 1.9% of GDP previously, IMF mission chief Je...
Romania Clears RON127M State Aid For Coal Mine Closure Scheme
The Romanian government Tuesday said it will disburse a new 127 million lei (EUR29 million) subsidy for state-run coal mining company Compania Nationala a Huilei (CNH), part of a larger fina...
Erste's CEO About Romanian Government Change: Very Encouraging Moves
Andreas Treichl, the chief executive of Austria's Erste Group Bank (EBS.RO), says he is confident the finance and transport ministers in Romania's new government will show good performance.
Coca-Cola Replaces Pepsi In KFC And Pizza Hut Restaurants
KFC, Pizza Hut and PHD restaurant networks in Romania, controlled by local businessman Gabriel Popoviciu, have sealed a contract with Coca-Cola HBC Romania under which the soft drinks bottle...
Ungureanu Cabinet Presents Governing Program
Romania's new Cabinet, led by Mihai Razvan Ungureanu, on Wednesday presented its governing program, which includes elements of the previous Cabinet's program related to consolidating economi...
SIF Shares Fall In Bucharest, As MPs Postpone Ownership Cap Talks
The shares of the five Romanian regional investment funds (SIFs) fell abruptly in Bucharest after the Chmaber of Deputies postponed once again the debate on raising the ownership limit in th...
Bucharest Stocks Open Stronger, Proprietatea Fund Leads Trades
The Bucharest stock exchange opened up Tuesday, after yesterday's solid performance of the US markets, with investors focusing almost exclusively on investment fund Fondul Proprietatea (FP.R...
Proprietatea Fund Ups Exposure On Banks
Romanian investment fund Fondul Proprietatea (FP.RO) increased its exposure on the banking sector in the second quarter, when it continued to buy shares of Erste (EBS.RO), Raiffeisen and BRD...
Owner Offers $100,000 Reward To Recover Gold Jewelry Stolen From Car In Romania Tuesday
The owner of the jewelry store whose car was robbed of nearly 30 kilograms of gold jewels on a Romanian highway earlier this week is offering a $100,000 reward for information leading to cat...