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Oana Gavrila

Fields
Banks-Insurance, Companies, Social/Politics
Writing for ZF since
2011
Articles
8.731
Medima Health Opens EUR3M Clinic in Sibiu
Companies

Medima Health Opens EUR3M Clinic in Sibiu

Medical operator Medima Health, specialized in medical imaging and radiology, continues expansion by opening a clinic in Sibiu, central Romania, following an investment of EUR3 million.

Oana Gavrila · 08.07.2021 · 15:57 · 1 min
Romania Raises RON648M Selling Debt on Local Market
Banks-Insurance

Romania Raises RON648M Selling Debt on Local Market

Romania's finance ministry on Thursday raised a total of 648 million lei (EUR131.5 million) selling January 2028 bonds and 7-month bills on the local market, central bank data showed.

Oana Gavrila · 08.07.2021 · 15:29 · 1 min
Marius Alexe Raises Stake in Dairy Producer Bonas to 5.25%
Capital Market

Marius Alexe Raises Stake in Dairy Producer Bonas to 5.25%

Investor Marius Alexe, 38, has raised his holding in dairy producer Bonas Import Export (BONA.RO) to over 5%, the company said in a stock market report Thursday.

Oana Gavrila · 08.07.2021 · 13:17 · 1 min
Romanian PM Dismisses Finance Minister
Social/Politics

Romanian PM Dismisses Finance Minister

Romanian prime minister Florin Citu said Thursday he has dismissed finance minister Alexandru Nazare from office citing delays in major projects, and proposed to take on the role of acting f...

Oana Gavrila · 08.07.2021 · 12:29 · 1 min
Ropharma Seeks to Sell Land in Iasi for EUR2M
Companies

Ropharma Seeks to Sell Land in Iasi for EUR2M

Pharmacy chain Ropharma (RPH.RO), owned by Mihai Miron, summoned shareholders for August 10 to approve the sale of a land plot in Iasi for RON2.02 million plus VAT.

Oana Gavrila · 07.07.2021 · 18:56 · 1 min
Latvia's Food Union Reaches 96% Holding in Romanian Ice Cream Maker  Alpin 57 Lux
Companies

Latvia's Food Union Reaches 96% Holding in Romanian Ice Cream Maker Alpin 57 Lux

Food Union, a Latvian food manufacturing and wholesale group, has reached a holding of 96% in Romanian ice cream maker Alpin 57 Lux based in Alba county, Confidas.ro data showed.

Oana Gavrila · 07.07.2021 · 18:51 · 1 min
C Banker: Romania's Public Debt Would Do Well to Stay Below 60%
Macroeconomics

C Banker: Romania's Public Debt Would Do Well to Stay Below 60%

Romania's public debt should stay below 60% of the gross domestic product, or even 55%, and the country's budget deficit should return to below 3% within a reasonable time frame,central bank...

Oana Gavrila · 07.07.2021 · 16:38 · 1 min
Pandemic Development Brings Uncertainties and Risks to Inflation Outlook
Macroeconomics

Pandemic Development Brings Uncertainties and Risks to Inflation Outlook

Developments in the pandemic continue to generate considerable uncertainties and risks to the inflation outlook, at least in the short run, amid a considerable slowdown in vaccination and th...

Oana Gavrila · 07.07.2021 · 15:55 · 2 min
EC Raises Romania's Economic Growth Forecast to 7.4% for 2021
Analysis

EC Raises Romania's Economic Growth Forecast to 7.4% for 2021

The European Commission expects Romania's economy to grow 7.4% this year and 4.9% in 2022, following better than expected first quarter performance.

Oana Gavrila · 07.07.2021 · 15:39 · 1 min
Wizrom Software Turnover Grows 3.8% in 2020, to RON28M
Companies

Wizrom Software Turnover Grows 3.8% in 2020, to RON28M

Romanian software solution provider Wizrom Software had a turnover of RON28 million in 2020, 3.8% higher on the year, and a net profit of RON2 million, up 18% compared with 2019.

Oana Gavrila · 07.07.2021 · 14:24 · 1 min
Romanian Central Bank Keeps Policy Rate on Hold
Macroeconomics

Romanian Central Bank Keeps Policy Rate on Hold

Romania's central bank on Wednesday decided to hold the benchmark interest rate at a record low of 1.25% a year, despite rising inflation.

Oana Gavrila · 07.07.2021 · 12:45 · 1 min
eMAG Gets Syndicated EUR37.55M Loan from Raiffeisen Bank, EBRD for Logistic Park
Banks-Insurance

eMAG Gets Syndicated EUR37.55M Loan from Raiffeisen Bank, EBRD for Logistic Park

Raiffeisen Bank and the European Bank for Reconstruction and Development (EBRD) will extend a syndicated loan totaling EUR37.55 million to Romanian retailer eMag, under an agreement signed T...

Oana Gavrila · 07.07.2021 · 12:37 · 1 min