Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
COVID Crisis Cost Romania RON3.1B So Far, Finance Minister Says
The coronavirus crisis has cost Romania RON3.1 billion so far, including spending on medical equipment and social spending such as furlough payments, finance minister Florin Citu said on TV...
One United Buys Office1 in Northern Bucharest for EUR15M
One United Properties, the most active real estate developer on the local market with 300,000 sqm of offices and residences under construction, has acquired office building Office1 built by...
HAGAG Development Europe Gets Urban Planning Permit to Restore Stirbey Palace
Real estate developer HAGAG Development Europe said Monday it has secured an urban planning permit in view of restoration works on the Stirbey Palace, a historical monument in downtown Bucha...
Clearstream To Link Romanian Equities to its Network on July 1, 2020
Clearstream, Deutsche Börse Group’s international central securities depository (ICSD), will connect local Romanian equities to its international network on July 1, providing easier access t...
Carrefour Delivery Platform Bringo Expands to Six New Cities
Bringo, retailer Carrefour's mobile app for shopping delivery, has expanded to six new cities, now covering 35 cities, the company said Monday.
Just 42% of Romanians Have Vacation Plans for 2020
Nearly 75% of Romanians have not taken vacation days this year and just 42% are considering a vacation in the next period, a survey by job platform BestJobs showed Monday.
Arctic Sales Grow in Almost All European Markets Despite Pandemic
Home appliances manufacturer Arctic, owned by Turkey's Arcelik, which has two plants in Romania, said its sales grew in almost all European markets despite the pandemic.
OMV Petrom Continues Expansion, Wins Bid for Black Sea Offshore License in Georgia
OMV Petrom, the largest energy company in South-Eastern Europe, has won an international open bid for the Black Sea block II license in Georgia, covering some 5,282 square km, the company co...
Game Developer Amber Posts RON57.85M Turnover in 2019
Local game developer Amber posted its biggest turnover in history in 2019, of RON57.85 million, and a profit margin of 12%.
SAP Romania Posts 3% Turnover Growth in 2019, to RON516.7M
SAP Romania, the local subsidiary of the German-held business software solutions developer, reached a turnover of RON516.7 million in 2019, up 3% on the year, the highest since it entered th...
Romanian Insurance Market Seen Down 15% in 2Q, Recovering in 3Q
The Romanian insurance market, which grew 10% in the first quarter, is expected to post a decline of 15% in the second quarter due to pandemic driven restrictions but may recover in the thir...
TeraPlast Reappoints Alexandru Stanea as CEO for Four Years
TeraPlast Group, the largest Romanian producer of construction materials, said Friday it has reappointed its CEO Alexandru Stanean for a period of four years starting July 2, 2020.