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Oana Gavrila

Fields
Banks-Insurance, Companies, Social/Politics
Writing for ZF since
2011
Articles
8.731
Dutch Shipbuilder Damen To Cut 870 Jobs in Romania
Companies

Dutch Shipbuilder Damen To Cut 870 Jobs in Romania

Dutch shipbuilder Damen is cutting its workforce by 1,050 jobs, mostly in its Galati and Mangalia shipyards in Romania, citing the impact of the coronavirus crisis.

Oana Gavrila · 05.08.2020 · 17:28 · 1 min
Romanians Bought RON1B Worth of Government Bonds Since Mid-July
Capital Market

Romanians Bought RON1B Worth of Government Bonds Since Mid-July

Romanians subscribed over RON1 billion between July 15 and August 5 for general population government bonds that will be traded on the stock exchange.

Oana Gavrila · 05.08.2020 · 17:06 · 1 min
Real Estate

Hotels in Romania Record All-Time Lows as COVID-19 Restrictions Curtail Travel Demand

Hotels in Romania are recording all-time low results as the COVID-19 pandemic and related restrictions have curtailed demand from foreign travelers and job cuts in the industry may reach 38%...

Oana Gavrila · 05.08.2020 · 12:52 · 4 min
Blue Air To Introduce Flights to Athens, Larnaca from Bacau Airport
Companies

Blue Air To Introduce Flights to Athens, Larnaca from Bacau Airport

Romanian private airline Blue Air said Tuesday it will introduce two new routes, to Athens and Larnaca, from Bacau airport once airport modernization works are completed.

Oana Gavrila · 04.08.2020 · 19:31 · 1 min
Social/Politics

Romania Raises RON700M in July from Bond Sales to General Population

Romanians invested RON700 million throughout July in bond sales to the general population, the finance ministry said Tuesday.

Oana Gavrila · 04.08.2020 · 16:55 · 1 min
Endava Romania Posts 29% Revenue Growth in 2019, to RON647.7M
Companies

Endava Romania Posts 29% Revenue Growth in 2019, to RON647.7M

UK software and IT services provider Endava reported revenues of RON647.7 million in Romania in 2019, up 29% on the year, and a net profit of RON62 million, up 24% on the year.

Oana Gavrila · 04.08.2020 · 16:49 · 1 min
Sameday Leases 1,200 Sqm in Former Auto Showroom Near Bucharest
Real Estate

Sameday Leases 1,200 Sqm in Former Auto Showroom Near Bucharest

Delivery company Sameday, owned by online retailer eMag, has leased a space of approximately 1,200 square meters in Tunari, near Bucharest,on the location of the former Badsi Impex auto show...

Oana Gavrila · 04.08.2020 · 12:46 · 1 min
Spark To Buy 400 Electric Cars from Renault for Romanian Fleet
Automotive

Spark To Buy 400 Electric Cars from Renault for Romanian Fleet

Lithuania-based Spark Technologies UAB, which entered the Romanian market last year with electric car-sharing services, will be adding new vehicles to its local fleet after a partnership it...

Oana Gavrila · 03.08.2020 · 17:22 · 1 min
Romania New Car Registrations Down 34% in Jan-July
Automotive

Romania New Car Registrations Down 34% in Jan-July

New car registrations in Romania declined 34.23% on the year in January-July, to 62,566 units, from the association of automotive manufacturers in Romania (ACAROM) showed Monday.

Oana Gavrila · 03.08.2020 · 17:05 · 1 min
Magnolia Flower Shop Chain Expands to Two More Cities
Retail&Consumer

Magnolia Flower Shop Chain Expands to Two More Cities

Flower shop chain Magnolia, owned by the Molnar family in Cluj Napoca, said Monday it was expanding to Targu Mures and Oradea, following a total investment of EUR150,000.

Oana Gavrila · 03.08.2020 · 16:51 · 1 min
Raiffeisen Bank Finances 112 Local Startups with EUR4 M
Banks-Insurance

Raiffeisen Bank Finances 112 Local Startups with EUR4 M

Raiffeisen Bank has completed the third edition of a program in which it funds local startups regardless of field of activity and has accepted 112 businesses for financing with a maximum bud...

Oana Gavrila · 03.08.2020 · 15:51 · 1 min
Romania's Footwear Exports Decline 14% in 2019
Retail&Consumer

Romania's Footwear Exports Decline 14% in 2019

Romania exported $930 million worth of footwear in 2019, the lowest value since 2006, the first year for which data are available. 2019 was the first in the past 15 years when footwear expor...

Oana Gavrila · 03.08.2020 · 15:44 · 2 min