Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
eMAG Marketplace Has Over 20,000 SME Sellers
eMAG Marketplace has attracted over 20,000 SMEs so far who have developed their businesses by accessing the new sales channel. eMAG estimates it will have 40,000 sellers on the platform in a...
EC: Romania Fulfills None of the Criteria for Euro Adoption
Romania meets none of the convergence criteria – price stability, sound public finances, exchange rate stability and convergence in long-term interest rates – required for euro adoption, the...
Romanian Parliament Adopts Bill Suspending Sales of State-Owned Shares
Romania's lower chamber of parliament on Wednesday adopted a bill that would suspend all disposals of shares owned by the Romanian state a period of two years. Prime minister Lucovic Orban s...
Cora Extends Delivery Partnership with Foodpanda Countrywide
Hypermarket chain Cora said Wednesday it has extended a partnership with food delivery platform foodpanda for the delivery of over 1,500 of its products, available in all cities where the re...
Fitch Rates Autonom 'B+'; Outlook Negative
Fitch Ratings has assigned Autonom Services S.A. a Long-Term Issuer Default Rating (IDR) of 'B+' with Negative Outlook and a senior unsecured debt rating of 'B-', it said in a statement Wedn...
AmCham: Keeping Romania in Investment Grade Should Be an Economic Policy Priority
Standard & Poor’s maintaining of Romania’s sovereign rating at “BBB- with negative outlook” reflects the realities of the country's economy after the shock of the COVID-19 pandemic and econo...
FP Urges Parliament to Reject Bill Suspending Sales of State-Owned Shares
Property restitution fund Fondul Proprietatea (FP.RO) urges lawmakers to reject a bill that would suspend all disposals of shares owned by the Romanian state a period of two years.
Net Investment in Romania Grows 5% YoY in 1Q/2020
Net investments in the Romanian economy grew 5% in the first quarter of 2020 compared with the same period last year, to RON18.447 billion, preliminary data from the country's statistics boa...
World Bank Sees Romania's GDP Contracting 5.7% This Year, Growing 5.4% in 2021
Romania's economic growth is forecast to contract 5.7% this year from a previous estimate of a slowdown to 0.3%, the World Bank said in its latest economic update.
Analysts Criticize Bill Banning Sale of State Shares in Companies, Banks
A bill banning the sale of state shares in state-owned companies, banks or any other company for two years to protect national interest in the economy would hinder the development of the loc...
TeraPlast Relocates Warehousing to Mega Distribution Center
Romanian building materials manufacturer TeraPlast has relocated its warehousing facilities from Otopeni to a bigger space in Mega Distribution Center in Chiajna, targeting more efficient di...
OMV Petrom Pays RON1.76B Dividends, Romanian Govt Cashes RON360M
OMV Petrom (SNP.RO), the most valuable company on the Bucharest Stock Exchange, OMV Petrom, paid RON1.76 billion in dividends to investors Friday from its 2019 profit.