Photographer
MediafaxFoto - Mediafax
- Fields
- Capital Market, Social/Politics, Energy
- Writing for ZF since
- 2011
- Articles
- 33
Bucharest Stocks End Down 3.4%, As Wall Street Opens In Green
Romanian shares erased part of earlier losses in late trade Tuesday, as the European markets stabilized and the US stocks grew at opening.
Tax Evasion In Romanian Alcohol Industry Costs Budget EUR4.5B In Past 8 Years
Tax evasion in the Romanian alcohol business has generated excise duty losses of EUR3.3 billion, plus EUR1.2 billion from unpaid VAT and other taxes, between 2003 and 2010, according to indu...
Leu Breaks Through RON4 Vs Swiss Franc, Trades At RON4.267 Vs Euro
Romania’s leu widened early losses against the euro by mid trade Tuesday, tracking the currencies in the region, while the central bank’s reference lost 0.5% at 4.267 units, from 4.2442 unit...
Leu Down Vs Euro In Early Trade In Quiet Market
The Romanian leu opened down versus euro Tuesday, on a calm market, while other currencies in the region posted small gains against the European coin.
Bucharest Bourse Trashed In Heavy Selloff
The Bucharest bourse opened down Tuesday and its decline intensified in the first hour of trading, after yesterday’s 6% fall of the US market following the sovereign rating cut.
Hotel Room Occupancy Rate On Romanian Black Sea Coast Hits Almost 100%
The hotel room occupancy rate on the Romanian Black Sea coast has increased to almost 100% at the end of the week, association for tourism development Litoral - Delta Dunarii said in a press...
BNR Keeps An Eye On Greek-Owned Banks, No Help Needed - Supervisory Chief
Greek-held local banks are not affected by the problems faced by their shareholders in their countries of origin, where customers are moving their deposits abroad, and they have sufficient l...
Heineken Romania Pays EUR29 Million In Dividends
Heineken Romania brewer has increased its profitability by at least 50% last year, according to ZF estimations, even though the beer market is still affected by the crisis, having dropped by...
Hilton To Overshoot 1,000-Room Mark In Romania Next Year
From just 272 rooms on the Romanian market until 2009, Hilton hotel chain will go to over 1,000 rooms next year after having affiliated six hotels at the height of the economic downturn.
Oltchim Celebrates 45th Birthday Rallying On Bucharest Stock Exchange
Germany’s PCC group has bought 3.6% in Oltchim (OLT.RO) for 9.5 million lei (EUR2.3 million) over the last few weeks, contributing to the stock price skyrocketing of the stock price, which i...
Roubini: Romania Is Going In The Right Direction, Reforms Must Continue
Romania is going in the right direction, with the economic recovery starting to manifest itself after the restructuring has started to bear fruit, but the recovery is slow, and structural re...
President Basescu Invites BNR Governor Isarescu “Into Arena”
Romanian President Traian Basescu yesterday launched a direct attack against central bank governor Mugur Isarescu, saying that, before lecturing on how to run a country, he should come out i...