Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
Agroland Profit Drops 40% in 2019 Due to Expansion Investments
Agroland Business System, a company developed by entrepreneur Horia Cardos, which owns a chain of supermarkets catering to farmers, had a turnover of RON133.6 million in 2019, down 1.8% on t...
GRAMPET's Roserv Oil Acquires RAFO Onesti Industrial Platform
Roserv Oil, part of freight railway operator GRAMPET Group, has acquired the industrial platform of bankrupt oil refinery RAFO Onesti in a public tender coordinated by RAFO's liquidator CITR...
ING Reports 144% Growth in Savings Accounts in Q2/2020
The number of savings accounts opened by ING Romania customers through the Home’Bank platform grew at an annual rate of 144% in the second quarter of 2020, also driven by the bank's launch o...
HAGAG Development Europe Gets Building Permit for H Eliade 9 Residence Project
Real estate developer HAGAG Development Europe, part of Hagag Group of Israel, said Monday it has secured a building permit for its H Eliade 9 Residence luxury residential project located in...
Wilo Completes EUR7M HQ Near Bucharest
Wilo Romania, the local division of German pump and water pumping systems manufacturer Wilo SE, said Monday it has completed the construction of a new headquarters in Otopeni, near Bucharest...
Antitrust Body Clears RCS&RDS Takeover of AKTA
Cable TV provider RCS&RDS/Digi, the leading cable TV and fixed internet provider in Romania, with more than 50% share of the total number of customers, received antitrust clearance to take o...
Michelin Romania Posts RON3.5B Turnover in 2019
Michelin Romania, part of French tire manufacturer Michelin Group, reported a turnover of RON3.51 billion in 2019, up 14% on the year, finance ministry data showed.
Terranova Resumes Expansion, Opens Store in Bucharest ParkLake Shopping Mall
Fashion brand Terranova, one of the first brands to develop in Romania, resumes expansion with a new store in the ParkLake shopping center in Bucharest.
TeraPlast Group To Sell Steel Division to Kingspan
TeraPlast Group, the largest Romanian producer of construction materials, with a turnover of nearly RON1 billion in 2019, has signed an agreement to sell its steel division to Ireland's King...
Romania Private Lending Grows 0.4% on Month in June
Private lending in Romania grew 0.4% in nominal terms and 0.3% in real terms in June compared with May, to RON270.118 billion, central bank data showed Thursday.
C&W Echinox: Modern Retail Stock to Top 4 Million Sqm Mark in 2020
Modern retail stock in Romania, consisting of shopping centers, retail parks and commercial galleries with a lettable area of at least 5,000 square meters, has reached 3.96 million sqm and w...
Lasselsberger Ceramics Turnover Grows 20% in 2019
Lasselsberger Ceramics Romania, a local ceramic tile producer and owner of the Cesarom brand, posted 20% growth in turnover in 2019 and expects sales will continue to grow this year.