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

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Oana Gavrila

Fields
Banks-Insurance, Companies, Social/Politics
Writing for ZF since
2011
Articles
8.731
PwC Survey: Online Shopping Rising, Spending Plans Drastically Reduced
Retail&Consumer

PwC Survey: Online Shopping Rising, Spending Plans Drastically Reduced

The acceleration of consumer trends and behavior that was already underway prior to the COVID-19 outbreak has taken another leap forward and will spark consumer-facing companies and retailer...

Oana Gavrila · 13.07.2020 · 11:42 · 2 min
Romania Seeks to Double Loan Cap Under Subsidized Mortgage Lending Program
Real Estate

Romania Seeks to Double Loan Cap Under Subsidized Mortgage Lending Program

Romania's government plans to revamp the First Home subsidized mortgage lending program by raising the loan ceiling for new builds to EUR140,000, double compared with the current EUR70,000.

Oana Gavrila · 13.07.2020 · 11:00 · 1 min
DB Global Technology Turnover Grows 4%, to RON272M in 2019
Companies

DB Global Technology Turnover Grows 4%, to RON272M in 2019

DB Global Technology, Deutsche Bank's tech center in Bucharest, posted a turnover of RON272.1 million in 2019, up 4% on the year, finance ministry data showed.

Oana Gavrila · 13.07.2020 · 10:41 · 1 min
Orange Consolidated Turnover Tops RON6B in 2019, Profit Doubles to RON358M
Companies

Orange Consolidated Turnover Tops RON6B in 2019, Profit Doubles to RON358M

The consolidated turnover of France's telecom group Orange in Romania stood at over RON6 billion in 2019, up 1% on the year, while its consolidated net profit nearly doubled to RON358 millio...

Oana Gavrila · 13.07.2020 · 10:37 · 1 min
Romania Raises RON205M Selling Oct 2030 Bonds at 4.26% Average Yield
Banks-Insurance

Romania Raises RON205M Selling Oct 2030 Bonds at 4.26% Average Yield

Romania's finance ministry on Thursday raised just 205 million lei (EUR42.3 million) from its RON300 million target selling a new issue of bonds maturing in October 2030 at an average yield...

Oana Gavrila · 09.07.2020 · 18:43 · 1 min
Sanador Invests EUR3M in Robotic Surgery Assistance
Health

Sanador Invests EUR3M in Robotic Surgery Assistance

Sanador, the fourth largest player on the Romanian private medical services market, has invested EUR3 million borrowed from BRD in a computerized system meant to assist surgeries.

Oana Gavrila · 09.07.2020 · 16:37 · 1 min
Antibiotice Iasi Enters US and UK Markets with Covid-19 Medication
Health

Antibiotice Iasi Enters US and UK Markets with Covid-19 Medication

Antibiotice Iasi (ATB.RO), the largest pharmaceutical producer in Romania, has entered the US and UK markets with new medicines for Covid-19 by attending and winning tenders in the US and UK...

Oana Gavrila · 09.07.2020 · 15:15 · 1 min
Romania Average Net Salary Drops 0.1% on Month in May
Macroeconomics

Romania Average Net Salary Drops 0.1% on Month in May

The average net salary in Romania declined a slight 0.1% in nominal terms in May compared with April, to 3,179 lei (around EUR656), data from the country's statistics board showed Thursday.

Oana Gavrila · 09.07.2020 · 12:09 · 1 min
OMV Petrom Hydrocarbon Output Drops 2.65% in 2Q/2020
Energy

OMV Petrom Hydrocarbon Output Drops 2.65% in 2Q/2020

OMV Petrom (SNP.RO), the largest Romanian oil and gas company, said Thursday in a report its total hydrocarbon production stood at 147,300 boe/day in the second quarter compared with 151,300...

Oana Gavrila · 09.07.2020 · 12:02 · 1 min
Eurostat: House Prices in Romania Down 23.6% in 1Q/2020 vs 1Q/2007
Real Estate

Eurostat: House Prices in Romania Down 23.6% in 1Q/2020 vs 1Q/2007

Romania registered the second largest decline in house prices in the European Union in the first quarter of 2020 compared with the first quarter of 2007, of 23.6%, after Greece (-35.6%) and...

Oana Gavrila · 08.07.2020 · 17:08 · 1 min
Socar Gets Antitrust Clearance to Lease Five Gas Stations from Ipeco
Companies

Socar Gets Antitrust Clearance to Lease Five Gas Stations from Ipeco

Romania's antitrust body on Wednesday said it has authorized a long-term lease of five filling stations in Gorj county, southern Romania, by Azeri oil company SOCAR from Ipeco SA.

Oana Gavrila · 08.07.2020 · 16:47 · 1 min
Iulius Group Starts Work on EUR120M Palas Campus Office Project in Iasi
Real Estate

Iulius Group Starts Work on EUR120M Palas Campus Office Project in Iasi

Real estate developer Iulius Group, owned by Iulian Dascalu, announced Wednesday it was starting work on the Palas Campus office project in Iasi in an investment of more than EUR120 million.

Oana Gavrila · 08.07.2020 · 15:55 · 1 min