Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
Pirelli Romania Turnover Grows 15 in 2019, to RON2.79B
Pirelli Tyres Romania, the local subsidiary of Italian giant Pirelli, reported a turnover of RON2.79 billion (EUR589.8 million) in 2019, up 15% on the year, finance ministry data showed.
Mortgage Lending in Romania Declines 12% on Month in April
New mortgage loans in Romania reached RON1.1 billion in April, 12% lower compared with March, as the country was in lockdown due to the coronavirus pandemic and banking activities unfolded m...
GSP Offshore Turnover Grows 170% in 2019, to RON771M
GSP Offshore, the offshore drilling company of Constanta businessman Gabriel Comanescu, reported a turnover of RON771 million in 2019, up 170% compared with 2018, finance ministry data showe...
Nuclearelectrica Disconnects Cernavoda Unit 1 on June 20 for Planned Outage Program
Romanian nuclear power plant operator Nuclearelectrica (SNN.RO) will disconnect Unit 1 at the power plant in Cernavoda from the national grid starting June 20 for a planned outage program.
Romania Raises RON813M Selling One-Year Bills at 2.96% Average Yield
Romania's finance ministry on Thursday raised 813 million lei (EUR168 million) selling one year treasury bills at an average yield of 2.96%, central bank data showed.
Romania Raises RON339.5M Selling Sept 2031 Bonds at 4.22% Average Yield
Romania's finance ministry on Thursday raised 339.5 million lei (EUR70.15 million) selling treasury bonds maturing in September 2031 at an average yield of 4.22%, central bank data showed.
Norofert Expands to US Market, Opens Subsidiary in Ohio
Organic fertilizer producer Norofert (NRF.RO) said Thursday it has opened a subsidiary in the United States in Ohio, Norofert USA, LLC.
Romania's GDP/Capita in PPS Reached 69% of EU Average in 2019
Gross domestic product per capita expressed in purchasing power standards (PPS) ranged between 53% of the EU average in Bulgaria and 261% in Luxembourg, while Romania's GDP per capita stood...
Central Bank To Pursue Sustainable Trend of Gradual Decline in Interest Rates
The main risks for Romania’s economy and finance are related to public health developments and the central bank will continue to steer measures towards providing necessary liquidity while sa...
PwC Survey: 60% of CFOs Globally Worry about Economic Downturn
The top concern of CFOs as they implement return-to-work plans plans is the impact of a global economic downturn (60%), but an almost equally high number are worried about a new wave of infe...
Horváth & Partners: Online Sales Seen Growing 28% in 2020, to EUR5.5B
Online sales increased in the past three months amid pandemic-related restrictions and are seen growing 28% in 2020 compared with 2019, to nearly EUR5.5 billion, a study by management consul...
Government Approves 3-Month Tax Exemption for Hospitality Industry
Romania's government has approved a three-month tax exemption for annual industry-specific taxes paid by companies in the hospitality industry.