Curs BNR — 13.11.2026 EUR 5,3498 USD 4,8428 GBP 6,4023

Translator RO-EN

Oana Gavrila

Fields
Banks-Insurance, Companies, Social/Politics
Writing for ZF since
2011
Articles
8.731
Companies

CFR Marfa Maintenance And Repair Division Exits Insolvency

CFR IRLU, the maintenance and repair division of Romania's state-owned freight railway carrier CFR Marfa, has exited insolvency by restructuring its debts to the state budget outside the com...

Oana Gavrila · 29.07.2020 · 11:14 · 1 min
Leroy Merlin 2019 Turnover Grows 21%, Profit Quadruples to RON167M
Companies

Leroy Merlin 2019 Turnover Grows 21%, Profit Quadruples to RON167M

French-held DIY retailer Leroy Merlin, which has 17 stores in Romania, posted a turnover of RON1.9 billion in 2019, up 21% on the year, finance ministry data showed.

Oana Gavrila · 29.07.2020 · 10:58 · 1 min
Petrotel Lukoil Refinery Turns to Loss in 2019
Companies

Petrotel Lukoil Refinery Turns to Loss in 2019

Petrotel Lukoil, the operator of the refinery in Ploiesti held by Russia’s Lukoil, registered a loss of RON67.6 million in 2019 from a profit of RON4.8 million in 2018, finance ministry data...

Oana Gavrila · 29.07.2020 · 10:50 · 1 min
OMV Petrom Profit Halves in 1H/2020, to RON867M
Companies

OMV Petrom Profit Halves in 1H/2020, to RON867M

OMV Petrom (SNP.RO), the biggest company listed on the Bucharest stock market, reported a net profit of RON867 million for the first half of 2020, down 56% on the year.

Oana Gavrila · 29.07.2020 · 10:01 · 2 min
Romania Posts Budget Gap of 4.17% of GDP in 1H/2020
Macroeconomics

Romania Posts Budget Gap of 4.17% of GDP in 1H/2020

Romania's general consolidated budget posted a deficit of RON45.17 billion in the first half of 2020, or 4.17% of the gross domestic product, finance ministry data showed Tuesday.

Oana Gavrila · 28.07.2020 · 17:13 · 2 min
EC Approves EUR1M Romanian Aid Scheme for Airlines Starting or Resuming Operations at Oradea Airport
Social/Politics

EC Approves EUR1M Romanian Aid Scheme for Airlines Starting or Resuming Operations at Oradea Airport

The European Commission announced Tuesday it has approved a EUR1 million Romanian scheme for those airlines resuming or starting flights to and from Oradea airport in Romania.

Oana Gavrila · 28.07.2020 · 16:49 · 1 min
ROCA Investments Raises Share Capital by RON30.38M, to RON91.13M
Companies

ROCA Investments Raises Share Capital by RON30.38M, to RON91.13M

ROCA Investments, part of Impetum Group, said Tuesday it has completed the first stage of a process to double its share capital this year, raising it by RON30.38 (EUR6.3 million), to RON91.1...

Oana Gavrila · 28.07.2020 · 13:54 · 1 min
Hornbach: Average Shopping Basket Online Double Compared with Physical Stores
Companies

Hornbach: Average Shopping Basket Online Double Compared with Physical Stores

StoresGerman-owned Hornbach Romania, one of the leading retailers of building and gardening materials on the Romanian market, said Tuesday the average value of a shopping basket in its onlin...

Oana Gavrila · 28.07.2020 · 13:35 · 1 min
Blue Air Cancels Flights Between Romania and Italy and Cyprus
Companies

Blue Air Cancels Flights Between Romania and Italy and Cyprus

Blue Air, Romania's largest private airline, said Tuesday it was canceling a significant number of flights between Romania and Italy and Cyprus in the period August 3-31 due to new travel re...

Oana Gavrila · 28.07.2020 · 11:22 · 1 min
Furniture Retailer Serico Raises Share Capital to RON3.86M
Companies

Furniture Retailer Serico Raises Share Capital to RON3.86M

Local furniture retailer Serico (SERC.RO) said Tuesday in a stock market report it raised its share capital from RON1.37 million to RON3.86 million.

Oana Gavrila · 28.07.2020 · 11:17 · 1 min
Forte Partners Seeks to Build Residential Project Next to Its U-Center Offices
Real Estate

Forte Partners Seeks to Build Residential Project Next to Its U-Center Offices

Forte Partners, one of the most active developers on the local real estate market, said it plans to build a 500-apartment residential project on Serban Voda street in Bucharest, near its U C...

Oana Gavrila · 28.07.2020 · 10:05 · 1 min
TeraPlast Profit Doubles in 1H/2020 to RON29.5M
Companies

TeraPlast Profit Doubles in 1H/2020 to RON29.5M

TeraPlast Group (TRP.RO), the largest Romanian construction materials manufacturer, reported a net profit of RON29.5 million for the first half of 2020, double compared with the same period...

Oana Gavrila · 28.07.2020 · 09:50 · 2 min