Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
Romania's Forex Reserves Grow to EUR36.249B in July
Romania's foreign exchange reserves dropped to EUR36.249 billion at the end of July from EUR35.002 billion at the end of June, central bank data showed Monday.
Romania Seeks to Invest EUR800M in 7 Years to Expand Natural Gas Network
Romania's government plans to invest EUR800 million in the next seven years (2021-2027) to expand the country's natural gas network, according to a draft emergency decree.
Norofert Gets Authorization to Sell Its Products in Ohio
Organic fertilizer producer Norofert (NRF.RO) said Friday it has received certification allowing it to sell four of its products in the state of Ohio, USA, for one year starting July 1.
Card Payments in Romania Grow 10% Since Pandemic Outbreak
The value and number of card payment transactions increased 10% since the outbreak of the coronavirus pandemic, speeding up digitization in the banking system, central bank data showed.
BCR Posts RON498.9M Net Profit in 1H/2020
Romanian lender Banca Comerciala Romana (BCR), owned by Austria's Erste Group, on Friday reported a net profit of RON498.9 million (EUR103.6 million) for the first half of 2020 compared with...
Black Sea Trade Bank Invests in Green Bond Issued by Globalworth
The Black Sea Trade and Development Bank (BSTDB) sadi Friday it has invested EUR35 million in a EUR400 million bond issued by Globalworth, the leading office real estate investor in Romania.
Rompetrol Rafinare Completes $1.4M Investment at Petromidia
Rompetrol Rafinare, a member company of KMG International, has completed a new investment project to increase the degree of crude oil processing and optimize operational flows.
Genpact Romania Profit Quadruples in 2019, to RON48.9M
Outsourcing service provider Genpact, a company with 4,000 employees in Romania, posted a turnover of RON529.7 million (EUR111.8 million) in 2019, up 18% compared with 2018, finance ministry...
BCR Group Posts EUR81.5M Profit Attributable to Majority Shareholder in 1H/2020
Romanian BCR Group, owned by Austria's Erste, posted a net profit attributable to the majority shareholder of EUR81.5 million in the first half of 2020, compared with a loss of EUR24.6 milli...
Mega Image Expands to Central Romania, Opens Store in Sibiu
Dutch-Belgian grocery retailer Mega Image, owned by Ahold Delhaize, continues expanding in the central part of Romania by opening a store in Selimbar, Sibiu, its first in the area.
ROCA X Expands Team With Two Senior Investment Partners
ROCA X, an initiative supporting disruptive early-stage startups and part of the Impetum Group, announced Thursday Jennifer Austin and Matei Dumitrescu, two important industry figures, have...
Agroland Turnover Grows 18% in 1H/2020, to EUR25.5M
Agroland Business System, a company developed by entrepreneur Horia Cardos, which owns a chain of supermarkets catering to farmers, posted a turnover of EUR25.5 million in the first half of...