Photographer
Mediafax Foto // Silviu Matei
- Fields
- Energy, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 17
Bucharest Stocks Open Slightly Up, Erste In Focus
The Bucharest stock exchange was up after the first trades Tuesday, as sentiment improved on European markets, while the traded values inched higher.
Nuclearelectrica Profit Rises Sixfold In 2011
Romanian state-owned energy producer Nuclearelectrica Wednesday said its net profit rose almost sixfold on year to 95 million lei (EUR21.3 million) in 2011, largely fueled by a 5% increase i...
Allianz-Tiriac CEO: Subsidiaries Of Foreign Insurers Must Rely On Their Own Resources
Romanian subsidiaries of foreign insurance companies should rely more on their own efforts and less on potential capital inflows from shareholders who are highly unlikely to keep operating c...
Cernavoda Shuts Down Nuke For Planned Overhaul
Romanian state-owned energy producer Nuclearelectrica will temporarily shut down the second reactor at its nuclear power plant in Cernavoda for a scheduled overhaul, the company said in a st...
Enel Borrows EUR180M To Finance Wind Farms In Romania, US & Brazil
Enel Green Power International, a unit of Italy’s utility Enel, Wednesday said it has obtained a EUR180 credit line from Dutch Export Credit Agency to finance wind projects in Romania, the U...
Petrom Takes Steps To Ensure 70% Profit Growth In 2012: Hikes Diesel Price To RON6/Liter
One liter of diesel oil costs 6 lei (almost EUR1.4) at Petrom’s filling stations as of Thursday, a record high level, after the company raised the price by RON0.09 per liter. The gasoline li...
RCS&RDS Hires Citi Banker To Manage Its Finances
Telecom group RCS&RDS recruited the former vice-president of Citibank Romania in charge of corporate banking, Razvan Badalicescu, as manager over finance-accounting. He left the local subsid...
Decathlon Plans Four New Stores
French-held sporting goods retailer Decathlon, which has six stores in Romania, will open another four units by next spring following investments estimated by ZF at over EUR10 million.
Ialomitianu: Romania Needs No Additional Public Spending Cuts
Romania needs no additional measures to cut public spending, and the government should free funds for investments, Finance Minister Gheorghe Ialomitianu said Wednesday.
ING: Romania’s 2Q GDP A Positive Surprise, After Sector Performances
Romania’s second-quarter gross domestic product data is a positive surprise, as sector performances were weak, with only constructions posting a small growth, ING Bank Romania chief economis...
Bucharest Shares Pare Losses As European Markets Recoup
The Bucharest bourse fell as much as 12% in the first part of Tuesday's session, but it later recouped part of the early loss, as the European markets recovered slightly.
Let's Grab A Screwdriver And Fix The Economy, Says Isarescu
When inflation is high, despite the dynamics set by the central bank on the money market and in contrast with the size of the budget deficit, the reason can be found in the unpaid debts of s...