Senior Editor
Roxana Petrescu
- Fields
- Energy, Companies, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 175
Will Romania Have More Green Energy Than It Needs?
Investors in wind and solar energy are drawn into the race of green energy, the hottest sector of the moment by something that acts as a magnet: the aid that the Romanian state provides thro...
Lactalis: LaDorna Has Been Growing Since Takeover
Lactalis, which in 2008 acquired control of LaDorna, one of the best-known local dairy brands, says the Romanian business has grown each year. The French group also say they have no plans to...
Lactalis Starts To Shut Down LaDorna Plants And Move Equipment Abroad
French-held Lactalis, which paid EUR70 to 90 million in 2008 for the LaDorna business, has closed a cheese factory, several milk collection centers and food storage facilities, and the equip...
GDF Suez Posts Flat Sales With 200 Fewer Employees
French-Belgian group GDF Suez, which entered the Romanian market in 2005 by acquiring the majority stake in former gas distributor Distrigaz Sud, last year posted turnover of around EUR843.2...
Romgaz Gives State EUR143M From Profit, Keeps Only EUR18M For Investments
Romgaz Medias, one of the most valuable state-owned companies that accounts for half of the Romania's natural gas production, is to give EUR168 million, 90% of last year's net profit, plus n...
Petrom Offer Due In July
The sale of a 9.8% stake in Petrom (SNP.RO), the largest Romanian company, will be completed by late July, Economy Minister Ion Ariton has firmly stated. The minister’s statement is surprisi...
SIF Moldova Challenges Erste In Court: Either List BCR Or Pay Dividends
Investment fund SIF Moldova (SIF2.RO), which holds 6% in the largest Romanian bank BCR, challenged in court the lender’s shareholders decision to not pay dividends from the 2010 profit.