Photographer
Mediafax Foto // Octav Ganea
- Fields
- Capital Market, Automotive, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 7
Greek ATE Bank Lends EUR24M To Romanian Unit
ATE Bank Romania Friday said it has borrowed EUR24 million from its mother bank, Greece’s ATE Bank, to increase its liquidity and solvency ratio.
Leu Drops To 4.4165 Vs Euro Amid Political Uncertainty
Romania’s leu continued to weaken against the euro in late trade Monday, dropping to new record lows amid political uncertainty following the government’s collapse Friday.
Cambolive: Four In Ten Dacia Cars To Be Sold To Corporate Clients This Year
Renault wants to spur Dacia sales in Romania this year by creating new limited editions to attract clients, as the local carmaker will not launch any new models in 2011.
Romania's President Introduces Revised Constitution Draft
The Presidential Administration published Wednesday on its website the draft of the revised Constitution, including, among others, a single-chamber Parliament with a maximum of 300 members.
SIF Stake Cap Reaches Constitutional Court Again
SIF Transilvania (SIF3.RO) is trying to have the Constitutional Court annul the Government Ordinance of 2005 raising the SIFs' (regional investment funds) stake cap from 0.1% to 1%, as Roman...
Bucharest Subway Operator Goes Shopping For Power
Metrorex, the operator of the Bucharest subway network, intends to buy one year’s worth of electricity for 52 million lei (EUR12.6 million), according to a company announcement.
Promises of EUR2B Public Offerings In Next Two Years. How Many Will Materialize?
Under IMF pressure, the Economy Ministry is making further promises and says it is going to float stakes of 15% in Hidroelectrica and Nuclearelectrica each next year. However, the experience...