Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
Bankers Cautiously Optimistic about Economic Recovery
The turning point of the pandemic crisis has passed and bankers remain cautiously optimistic about economic recovery, willing to grant loans and take calculated risks. The banking system exp...
Colosseum Mall Expansion Opening Postponed for 2021
The Colosseum shopping in northwest Bucharest will open its expansion in 2021 instead of the end of this year, due to lack of predictability in the business environment under the impact of t...
Electric, Hybrid Vehicle Registrations Grow 3% in 1H/2020
Registrations of electric vehicles and hybrids in Romania continued to grow in the first six months of 2020, registering 3% growth, to nearly 2,900 units, as the overall auto market plunged...
Romania Posts Current Account Gap of EUR2.881B in Jan-May
Romania's current account balance posted a deficit EUR2.881 billion in January-May, compared with a deficit of EUR3.414 billion in the same period in 2019, central bank data showed Tuesday.
Medicover To Provide Video Consultations to Radisson Hotel Guests in Bucharest
Medicover Romania, one of the leading private medical services providers, announced Tuesday it has entered a partnership with hotels in the Radisson Hotel Group chain to offer video medical...
Vel Pitar Turnover Grows 15% in 2019, to RON509M
Bread and bakery goods producer Vel Pitar, held by private equity firm Broadhurst, posted a turnover of RON509.2 million in 2019, up 15% on the year, finance ministry data showed.
Investments, Consumption to Cushion Economic Downturn in 2020 – Finance Minister
Romania's government has invested RON16.1 billion in the country's economy in the first six months and investments and consumption are excepted to cushion this year's economic downturn and l...
Uniqa Posts 2% Growth on General Insurance in Jan-May, Life Insurance Down 11%
Uniqa Asigurari, the Romanian general insurance company of Austrian group Uniqa, registered 1.7% annual growth in underwritings in January-May, while life insurance company Uniqa Asigurari d...
Auchan Sales Stagnate Below RON5.5B in 2019
French-held Auchan group, which has been operating in Romania for almost 15 years, posted a turnover of RON5.48 billion in 2019, up just 1.3% on the year.
Elefant.ro Posts EUR21.1M Sales in 1H/2020, Registers Positive Gross Earnings
Online retailer Elefant.ro reported total sales revenue of EUR21.2 million in the first half of 2020, up 62% on the year and registered positive EBITDA for the first time in its history, the...
Pillar II Funds Assets Grow to RON64.6B in May
The seven pension funds operating on the mandatory segment known as Pillar II had total assets of RON64.6 billion at the end of May, RON2.7 billion higher compare with end-April, data from t...
Colliers: Romania Is Well Positioned To Attract Industrial Capacities from Asia
The Central and Eastern European Region (CEE) may attract new production capacity as the global economy undergoes major changes in the pandemic context, according to a Colliers International...