Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
SEB Investment Management Lowers Stake in Purcari Wines
Investment fund SEB Investment Management AB of Sweden has lowered its stake in Purcari Wineries (WINE.RO) in Tuesday trading session from 8.45% to 4.81%.
SIF Transilvania Proposes Gross Dividends of RON0.02/Share
Regional investment fund SIF Transilvania (SIF3.RO) has summoned shareholders for April 28 to approve a gross dividend of RON0.02 per share from its 2019 net profit.
Housing Prices Grow 1.6% in Romania in February
Asking prices for housing in Romania grew 1.6% in February compared with January, with the biggest growth recorded in Cluj-Napoca, according to a housing market report by Imobiliare.ro.
EC Proposes Opening Excessive Deficit Procedure for Romania
The European Commission has proposed to the Council to open an excessive deficit procedure for Romania and adopted a recommendation to the Council setting out the adjustment requirements, th...
Orsova Shipyard Seeks to Pay RON2.74M Dividends from 2019 Profit
Romanian shipyard Santierul Naval Orsova (SNO.RO), held by three financial investment funds (SIFs), summoned its shareholders for April 10 to approve the distribution of RON2.74 million as d...
Hidroelectrica Holds New Tender for Equity Adviser
Romanian state-owned power producer Hidroelectrica has reprised the selection process for equity advisory services in view of an initial public offering under a RON8.4 million contract after...
Three-Month Money Market Rate Drops to 2.89%, Lowest Level in a Year
Romania's three-month ROBOR index, the three-month interbank interest rate used as a reference to calculate interests for consumer loans in lei, dropped to 2.89% a year Wednesday, the lowest...
Iproeb Bistrita Net Profit Declines 28% in 2019, to RON2.9M
Romanian cable maker Iproeb Bistrita (IPRU.RO), listed on the alternative trading system AeRO of the Bucharest Stock Exchange, said Thursday its net profit declined 28% in 2019, to RON2.9 mi...
Vascar Vaslui Posts EUR20.5M Turnover in 2019
Vascar Vaslui, one of the leading cold cuts and canned food producers in Romania, had a turnover of around EUR20.5 million in 2019, up 13% on the year, and plans to open three more stores in...
Romania Postpones 5G License Tender for Late 2020
Romania's telecom regulator ANCOM has postponed until the end of 2020 a 5G license tender that had already been pushed back in 2019.
Romania Unemployment Rate Inches Down to 3.9% in January
Romania's seasonally adjusted unemployment rate inched down to 3.9% in January from 4.1% in December 2019, data from the country's statistics board showed Tuesday.
Euroins Romania Underwritings Grow 25% in 2019
Insurance company Euroins Romania, owned by Bulgarian Eurohold group Euroins Romania, said Monday its underwritings grew 25% in 2019 and its pre-tax profit stood at EUR560,000.