Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
Transgaz Seeks RON300M Working Capital Loan
Romania's natural gas transmission company Transgaz (TGN.RO) plans to borrow RON300 million for a two-year period to finance its working capital.
Kingfisher Opens Construction Materials Outlet Near Bucharest
UK's Kingfisher, owner of DIY retail chain Brico Dépôt, has opened a construction materials outlet center in Chiajna, near Bucharest.
Romanian Households Reach Net Wealth of RON2,157B in 2019
Romanian households’ net wealth reached RON2.157 trillion (over EUR450 billion) at the end of 2019, with real estate assets accounting for 80%, central bank data showed.
Dacia Returns to Growth in France; Registrations Grow 9% in June
Romanian carmaker Dacia, owned by France's Renault, registered growth in new registrations in France in June for the first time in 2020, after double-digit decline in January-May.
Romania's Electricity Market Seen Nearing RON42B in 2020
Romania's electricity market, including production, transport, trade and distribution, is estimated to near RON42 billion this year, after an estimated RON41 billion in 2019 and over RON40bi...
ING: Four in 10 Romanians Spent Less, Three in 10 Saved More in Lockdown
Approximately 46% of Romanians said they spent less during the coronavirus lockdown, above the EU average of 44%, and 31% said they saved more, similar to the EU average of 30%, according to...
Bucharest Court Dismisses SAPE's Claim of EUR800M from Electrica
The Bucharest Court has issued a definitive ruling dismissing a claim by Romania's Energy Shareholdings Administration Association (SAPE) of EUR800 million from utility group Electrica.
Affidea Appoints Razvan Predica Country Manager of Romanian Operations
Affidea group, the largest player on the local medical imaging services market, said Thursday it has appointed Razvan Predica in the position of Country Manager for all Romanian operations.
Retailer Altex Set to Hire 1,000 People
Electronics retailer Altex said Thursday it will be hiring over 1,000 people throughout the country to support its network expansion and modernization.
Lukoil Romania Posts RON7.6B Turnover in 2019
Lukoil Romania, one of the leading players on the local oil market, posted a turnover of RON7.6 billion in 2019, up 6% on the year, finance ministry data showed.
Benvenuti Expects 40% Decline in Turnover and RON10M Loss in 2020
Benvenuti, one of the leading footwear retailers in Romania, expects a turnover of RON83 million this year, nearly 40% lower than in 2019, the lowest since 2013. The company is also bracing...
Romania Unemployment Rate Spikes to 5.2% in May
Romania's seasonally adjusted unemployment rate grew to 5.2% in May from 4.8% in April, data from the country's statistics board showed Thursday.