Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
Blidar Sells Majority Stake in Banca Feroviara
Valer Blidar, owner of Astra Vagoane, one of the largest rolling stock makers in Romania, said Wednesday he has sold his 63% stake in lender Banca Feroviara to Olimpiu Balas, owner of softwa...
EY Romania Launches 5th Edition of EY Entrepreneur Of The Year
EY Romania on Wednesday launched the fifth edition of EY Entrepreneur Of The Year, a program that seeks to discover visionary local entrepreneurs, agile leaders who innovatively address the...
Romania Raises $3.3B Selling 10 and 30-Year Bonds
Romania's finance ministry on Tuesday raised $3.3 billion tapping international markets with US dollar-denominated 10 and 30-year bonds.
Uzuc Ploiesti Buys 94.4% in Sistemplast from Oltchim
Romanian industrial equipment manufacturer Uzuc Ploiesti (UZC.RO), indirectly owned by businessman Stefan Vuza, said Tuesday it has acquired 94.4% in Sistemplast from Oltchim Ramnicu Valcea...
Blue Air Resumes Regular Flights to UK, Spain, Italy, Belgium
Blue Air, Romania's largest private airline, will be resuming regular flights as of Tuesday to the UK, Spain, Italy and Belgium.
EC Sees Romanian Economy Contracting 6% in 2020
Romania's economy is expected to contract by 6% of gross domestic product this year, followed by 4% growth in 2021, according to the European Commission's summer economic forecast released T...
Romania Taps International Markets with 10 and 30-Year Bonds
Romania's finance ministry on Tuesday tapped international markets with two US dollar-denominated bond issues, maturing in 10 and 30 years, respectively.
Romania Raises RON977.6M Selling Oct 2023 Bonds at 3.5% Average Yield
Romania's finance ministry on Monday raised 977.6 million lei (EUR202 million), from a RON600 million target, selling bonds maturing in October 2023 at an average yield of 3.5% and maximum a...
Microsoft Expands in Romania With Tech Development Center in Iasi
Microsoft announced Monday it has finalized a seal with Movial, a global software engineering and design services company specializing in mobile and embedded devices, to extend hiring offers...
Blue Air Enters Safeguard Procedure
Blue Air, Romania's largest private airline, said Monday it was entering safeguard procedures to continue its activity and avoid insolvency.
German Companies in Romania See Revenue Decline, Recovery in 2021 at the Earliest
German companies operating in Romania expect significant declines in turnover and see the economy recovering in 2021 at the earliest, according to a recent poll by AHK Romania, the Romanian-...
World Bank Promotes Romania to High Income Group
The World Bank has reclassified Romania as a high-income country from the upper-middle income category after incorporating 2019 data.