Translator RO-EN
Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Germany’s Diehl Group Expands Romanian Presence With Production Facility In Craiova
Germany’s Diehl Group Diehl continues its expansion in Romania and announces the official start of construction on a new Diehl Aviation production facility in Almaj, Dolj County, on the acce...
OMV Petrom And Romgaz To Invest More Than EUR750M In Onshore Infrastructure For Neptun Deep Gas
ANRE (the National Energy Regulatory Authority) has granted authorization for the construction of upstream supply pipelines for natural gas production as part of the Neptun Deep project, the...
Three-Month ROBOR Starts Week Of July 21 At 6.7%
The three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, as well as for companies' leu-denomin...
Private Pension Funds Overshoot 10% Of GDP Mark For First Time
Mandatory private pension funds (Pillar II) and voluntary pension funds (Pillar III) exceeded the threshold of 10% of Romania’s Gross Domestic Product in July 2025, for the first time since...
Eurostat: Romania Has Highest Budget Deficit Of All EU Countries, 7.5%, In Q1, 2025
Romania continues to have the highest budget deficit of all the EU member countries, 7.5% in the first quarter of 2025, while the EU average is 2.9%, Eurostat data show.
Romania’s Public Debt Overshoots RON1,000B Mark In April 2025
Romania’s public debt overshot the RON1,000 billion mark in April and increased by RON15 billion to RON1,013 billion. It accounted for 56.6% of GDP compared with 55.8% in March, Finance Mini...
Eurostat: Romania’s Government Debt To GDP Ratio Below EU Average In Q1, 2025
The European Union recorded an average general government deficit to GDP ratio of 81.8% at the end of the first quarter of 2025. Romania was below this level, with 55.8%, 16th in the debt-to...
Patria Bank’s Majority Owner Considers Full Or Partial Sale Of Its Stake
EEAF Financial Services, a Dutch special purpose vehicle backed by the European Bank for Reconstruction and Development (EBRD) and majority shareholder of Patria Bank, is looking into the po...
Ryanair To Launch Its First Flights From Bucharest Baneasa Airport This Fall
Ryanair, the second largest airline operating in Romania by number of passengers carried, announces first operations from the Baneasa Airport of Bucharest, where it will introduce flights to...
Belgium’s Aukera Goes Ahead With Planned 1GW Of Green Power In Romania, Has 2GW Of Storage In The Works
Belgium’s Aukera announced at the end of 2021 its intention to reach a green energy portfolio of 1 GW in Romania. Now, 250 MW are in the construction start phase. Aukera says it will also ad...
Fortim Trusted Advisors: Office Space Leases Down 30% In Top Five Cities In Romania In H1
Office space rentals in the first six months of the year went down by an average of 30% in the five largest cities of Romania - Bucharest, Timisoara, Cluj-Napoca, Iasi and Brasov, with the s...
Dedeman Owners Buy DIY Retail Chain Praktiker Hellas In Greece For Over EUR130M
Paval Holding, the special purpose vehicle of DIY retailer Dedeman's owners, brothers Adrian and Dragos Paval, will buy the Greek chain Praktiker Hellas and acquire the company and related c...