Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
Tetarom: Companies Seek Production and Storage Space, Interest in Offices Declining
Companies are repositioning during this period are more interested in storage and production facilities, while interest in offices is declining, said Octavian Fodor, deputy general manager o...
Norofert Corporate Bonds Start Trading on Bucharest Stock Exchange Friday
Corporate bonds issued by organic fertilizer producer Norofert will start trading on the Bucharest Stock Exchange's Multilateral Trading System (MTS) on Friday, June 5 under the ticker symbo...
EY: Renewable Energy Sector Expected to Bounce Back Quickly Despite COVID-19 Impact
The renewable energy sector is expected to bounce back quickly despite the global slowdown caused by COVID-19, as the long-term drivers for investment remain strong, according to the EY Rene...
Kearney: One in Four Bank Offices in Europe To Close in Next 3 Years
One in four bank ranches in Europe will close in the next three years as new customer habits in terms of digital banking, brought about by the pandemic, will become permanent, an analysis by...
Colliers: Summer Deliveries To Compensate for Production Slowdown
Production in Romania could accelerate over the summer and large accumulated stocks could determine a short-term demand for storage, analysis by real estate company Colliers International sh...
British American Tobacco Invests EUR175M in Romanian Factory
British American Tobacco (BAT), the biggest tobacco company operating in Romania, said Thursday it has invested EUR175 million in its factory in Ploiesti, Romania, to manufacture consumables...
Romania Retail Sales Drop 20% on Month in April
Retail sales in Romania dropped 20% in April compared with March and with April 2019, as retail fuel sales dropped by more than 30% and non-food item sales dropped by more than 20% as the co...
Government Paid RON2.8B for 1.8M Furloughed Employees by End-May
Romania's labor ministry paid approximately RON2.8 billion by the end of May to cover the wages of approximately 1.8 million furloughed employees, minister Violeta Alexandru said Wednesday.
Electrica Considers Bidding for CEZ Romanian Assets in Consortium with Hidroelectrica
Romanian state-owned energy utility group Electrica (EL.RO) said Wednesday it was exploring the possibility of bidding for the Romanian assets of Czech utility group CEZ in consortium with h...
Dacia Puts 1,100 Employees Back on Furlough
Romanian carmaker Dacia, owned by France's Renault, has placed 1,100 employees back on furlough for the entire month of June citing lack of orders.
Romania Unemployment Rate Grows to 4.8% in April
Romania's seasonally adjusted unemployment rate grew to 4.8% in April from 4.6% in March, data from the country's statistics board showed Wednesday.
Romania Forex Reserves Grow to EUR35.646B in May
Romania's foreign exchange reserves grew to EUR35.646 billion at the end of May from EUR33.156 billion at the end of April, central bank data showed Tuesday.