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Oana Gavrila

Fields
Banks-Insurance, Companies, Social/Politics
Writing for ZF since
2011
Articles
8.731
Car Parts Manufacturers in Romania Shed 5,000 Employees in 2019
Automotive

Car Parts Manufacturers in Romania Shed 5,000 Employees in 2019

Five large car part manufacturers in Romania – Autoliv, Lear Corporation, Yazaki, Faurecia and Adient Automotive – shed nearly 5,000 employees in 2019, according to finance ministry data cen...

Oana Gavrila · 16.06.2020 · 10:42 · 2 min
Omniasig Underwritings Grow 6% in 1Q/2020, to RON300M
Companies

Omniasig Underwritings Grow 6% in 1Q/2020, to RON300M

Insurer Omniasig, the largest company of the Romanian portfolio of Austria's Vienna Insurance Group (VIG), said underwritten premiums stood at over RON300 million in the first quarter of 202...

Oana Gavrila · 16.06.2020 · 10:23 · 1 min
Hidroelectrica To Invest RON26B in Next Five Years
Energy

Hidroelectrica To Invest RON26B in Next Five Years

Romanian state-owned hydropower producer Hidroelectrica received approval for a RON26 billion five-year investment plan in Monday's shareholders' meeting.

Oana Gavrila · 16.06.2020 · 10:12 · 1 min
Romania Raises RON2.109B Selling Two and Five-Year Bonds
Banks-Insurance

Romania Raises RON2.109B Selling Two and Five-Year Bonds

Romania's finance ministry in Monday raised 2.109 billion lei (EUR436.3 million) selling two-year and five-year maturity bonds on the local market, more than double compared with its RON500...

Oana Gavrila · 15.06.2020 · 16:37 · 1 min
PSC Group Sells 90% of Apartments in WIN Herastrau, Starts Phase Two
Real Estate

PSC Group Sells 90% of Apartments in WIN Herastrau, Starts Phase Two

Real estate developer PSC Group said it sold 90% of apartments in residential project WIN Herastrau in March-May and will start works on the second phase of the development.

Oana Gavrila · 15.06.2020 · 15:36 · 1 min
Agroland Bonds Start Trading on Bucharest Stock Exchange Tuesday
Capital Market

Agroland Bonds Start Trading on Bucharest Stock Exchange Tuesday

Corporate bonds totaling RON8 million issued by Agroland Business System will start trading on the Bucharest' Stock Exchange's multilateral trading system on Tuesday, June 16, under the tick...

Oana Gavrila · 15.06.2020 · 15:09 · 1 min
Nearly 60% of Employees in Services Worked from Home during Health Crisis
HR

Nearly 60% of Employees in Services Worked from Home during Health Crisis

Around six in ten employees in services worked from home during the COVID-19 health crisis and most had up to five a years work experience and were aged up to 45, according to a survey by Ip...

Oana Gavrila · 15.06.2020 · 14:17 · 1 min
Romania Posts Current Account Gap of EUR1.782B in Jan-Apr
Macroeconomics

Romania Posts Current Account Gap of EUR1.782B in Jan-Apr

Romania's current account balance posted a deficit EUR1.782 billion in January-April, compared with a deficit of EUR2.258 billion in the same period in 2019, central bank data showed Monday.

Oana Gavrila · 15.06.2020 · 13:22 · 1 min
Total Trade Tops EUR1B on Bucharest Stock Exchange in Jan-May
Capital Market

Total Trade Tops EUR1B on Bucharest Stock Exchange in Jan-May

The total trading value for equities and other financial instruments listed on the regulated market of the Bucharest Stock Exchange amounted to RON5.29 billion (EUR1.1 billion) in the first...

Oana Gavrila · 15.06.2020 · 13:07 · 2 min
Penny Market Posts 53% Growth in Net Profit in Romania in 2019
Retail&Consumer

Penny Market Posts 53% Growth in Net Profit in Romania in 2019

German-owned discount retail chain Penny Market reported a turnover of RON3.96 billion for 2019, up 15% on the year, while its net profit grew 53%, to RON55.15 million.

Oana Gavrila · 15.06.2020 · 12:32 · 1 min
EY Romania Extends Tax and Legal Team, Appoints Georgiana Iancu Partner of Indirect Tax Practice
Companies

EY Romania Extends Tax and Legal Team, Appoints Georgiana Iancu Partner of Indirect Tax Practice

EY Romania has appointed Georgiana Iancu as partner of its Tax and Legal team, the company announced Monday.

Oana Gavrila · 15.06.2020 · 11:22 · 1 min
Nuclearelectrica Shareholders Approve Termination of China Deal for Nuclear Reactor Builds
Energy

Nuclearelectrica Shareholders Approve Termination of China Deal for Nuclear Reactor Builds

Shareholders of Romania's state-owned nuclear power producer Nuclearelectrica approved in a general meeting Friday the termination of deal with China General Nuclear Power Corporation for th...

Oana Gavrila · 15.06.2020 · 11:13 · 1 min