Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
Electrica Approves RON246M for Dividend Payouts
Shareholders of state-owned energy utility group Electrica (EL.RO) have approved a gross dividend of RON0.7248 per share from its 2019 profit, the company said in a stock market statement We...
Fondul Proprietatea Manager Says Hidroelectrica IPO Unlikely This Year
The planned initial public offering of Romanian state-owned power company Hidroelectrica is unlikely to happen this year, Johan Meyer, CEO of Franklin Templeton Investments and portfolio man...
CEC Bank May Grant Loans Totaling RON2B under SME Support Program
Romanian state-owned lender CEC Bank said Tuesday it could grant loans totaling RON2 billion under the government-subsidized program for SMEs affected by the coronavirus pandemic, saying it...
Ford Restarts Activity in Europe on May 4
Carmaker Ford said Tuesday it intends to restart initial production at most of its main continental European vehicle and engine plants, including the factory in Craiova, Romania, from May 4.
SIF Banat-Crisana Withholds Dividends, Seeks RON74.5M Buyback
Shareholders of regional investment fund SIF Banat-Crisana (SIF1.RO) have rejected proposed dividends and approved a share buyback program to lower the company's share capital.
Romania's Budget Gap Triples in 1Q/2020 to 1.67% of GDP
Romania's general consolidated budget posted a deficit of RON18.06 billion, or 1.67% of the gross domestic product in the first quarter of 2020, compared with a deficit of RON5.477 billion,...
Net Assets of Investment Funds in Romania Down 18% in March, to RON39.9B
The net assets of the 219 domestic and foreign open-end and closed-end investment funds operating in Romania dropped 18% in March, to RON39.9 billion (EUR8.3 billion) and by 19.3% since the...
SIF Moldova Approves Dividends of RON59M
Shareholders of regional investment fund SIF Moldova (SIF2.RO) on Monday approved the distribution of gross dividends of RON0.06/per share, totaling RON59 million.
OMV Petrom Approves RON1.75M Dividend Payments
Shareholders of oil and gas company OMV Petrom (SNP.RO), the most valuable company on the Bucharest Stock Exchange, decided Monday to approve the distribution of gross dividends of RON0.031...
Romania Raises RON1.594B Selling April 2023 Bonds at 3.84% Average Yield
Romania's finance ministry on Monday raised 1.594 billion lei (EUR329.6 million), more than five times its initial target, selling bonds maturing in April 2023 at an average yield of 3.84%,...
Nuclearelectrica Approves RON498.4M in Dividend Payments
Romania's state-owned nuclear power producer Nuclearelectrica (SNN.RO) on Monday decided the distribution of gross dividends in the total amount of RON498.4 million, representing a gross div...
Transgaz Approves RON182M Dividends from 2019 Profit
Romania's natural gas transmission company Transgaz (TGN.RO) on Monday approved the distribution of dividends totaling RON182.1 million from its 2019 profit, the company said in a stock mark...