Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
Romanian Hospitality Industry Turnover Drops 35% in 2020, Losses Triple
The turnover of the hospitality industry in Romania dropped 35% in 2020, to RON17.9 billion, due t pandemic restrictions, while the total losses of all companies in the industry tripled to R...
EY: Medical Subscription Market in Romania Has an Impact of EUR776M on the Value Chain
Each euro invested in the medical subscription market generates an additional 3 euros in added value to the Romanian economy, a study by EY Romania concluded.
Romania Raises RON600M Selling Jan 2028 Bonds at 3% Average Yield
Romania's finance ministry on Thursday raised a planned 600 million lei (EUR121.9 million) selling bonds maturing in January 2028 at an average yield of 3%, central bank data showed.
Transport Trade Services, Agroland Agribusiness Start Trading on Bucharest Stock Market Mid-June
Shares of Transport Trade Services (TTS), the biggest freight transporter on the Danube which closed an IPO last week, will start trading on the Bucharest Stock Exchange on June 14.
Bucharest Stock Market Trading Intensifies in May Doubling Daily Liquidity vs April
Investors on the Bucharest Stock Exchange stepped up their trading activity in May and the average daily value of transactions with all types of financial instruments doubled compared with A...
Bristol Myers Squibb Renews Lease in CA Immo's Europe House Building in Bucharest
Biopharmaceutical company Bristol Myers Squibb Romania has signed a five-year lease extension for its 1,200 square meters of office space in Austrian office developer CA Immo's Europe House,...
Bombardier Service Center in Romania Posts RON85.7M Turnover in 2020, Down 6.5%
Bombardier Transportation Shared Services Romania, the local subsidiary of Canadian giant Bombardier acquired this year by France's Alstom, reported a turnover of RON85.7 million for 2020, d...
Apemin Tusnad Sales Grow 6% in 2020, Profit Up 28%
Apemin Tusnad, one of the largest water bottlers in Romania, had a turnover of RON67 million in 2020, 6% higher than in 2019, while its profit grew 28%, to over RON14 million.
Whirlpool Expects 10% Growth in Turnover in 2021 after 15% Decline in 2020
Home appliances manufacturer Whirlpool expects its turnover in Romania to grow by at least 10% this year after experiencing a 15% decline in 2020.
Continental Hotels Chain to Remodel Four Hotels for EUR6.85M
Continental Hotels, a Romanian hotel chain owned by businessman Radu Enache, announced it was investing EUR6.85 million in remodeling four hotels and rebranding them as Continental Forum and...
Enel: Electrical Bills of Industrial Consumers in Romania Grew 5.9% in 2020
Romania is the only major market operated by Italian utility giant Enel where electrical bills grew in 2020, the company showed in its integrated annual report citing Eurostat data.
Dent Estet Fully Acquires Timisoara Clinic
Dent Estet, MedLife group's dental services operator, has raised its stake in the DE 4 KIDS clinic in Timisoara to 100% from 52%.