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Oana Gavrila

Fields
Banks-Insurance, Companies, Social/Politics
Writing for ZF since
2011
Articles
8.731
Donalam Calarasi Invests EUR4M in New Equipment
Companies

Donalam Calarasi Invests EUR4M in New Equipment

Donalam steel mill in Calarasi, one of the main laminated steel bar manufacturers, part of Italy's Beltrame, has invested nearly EUR4 million in special steel bar treatment equipment.

Oana Gavrila · 18.05.2020 · 13:44 · 1 min
Bittnet Posts 21% Revenue Growth in 1Q/2020, to RON19.3M
Companies

Bittnet Posts 21% Revenue Growth in 1Q/2020, to RON19.3M

Bittnet Group (BNET.RO), a local integrator of IT&C solutions and provider of training services in the field of IT, on Monday reported consolidated revenues of RON19.3 million for the first...

Oana Gavrila · 18.05.2020 · 12:30 · 1 min
Moneycorp Romania: Economic Relaunch Depends on Stimulating Foreign Investments, Exports
Analysis

Moneycorp Romania: Economic Relaunch Depends on Stimulating Foreign Investments, Exports

Romania needs to focus on encouraging local production and stimulating exports, as opportunities for locally made products will be significant in the medium and long run, according to an ana...

Oana Gavrila · 18.05.2020 · 11:32 · 2 min
Patria Bank Posts RON2.4M Loss in 1Q/2020
Banks-Insurance

Patria Bank Posts RON2.4M Loss in 1Q/2020

Romanian lender Patria Bank (PBK.RO) on Monday reported a net loss of RON2.4 million for the first quarter of 2020, 6% wider than in the same period last years, citing Covid-19 impact and no...

Oana Gavrila · 18.05.2020 · 11:07 · 1 min
EC Approves Compensation to Energy-Intensive Companies in Romania
Energy

EC Approves Compensation to Energy-Intensive Companies in Romania

The European Commission has approved, under EU State aid rules, Romanian plans to partially compensate energy-intensive companies for higher electricity prices resulting from indirect emissi...

Oana Gavrila · 11.05.2020 · 18:16 · 1 min
Government to Cover Furlough Payments until at Least June 1 - PM
Companies

Government to Cover Furlough Payments until at Least June 1 - PM

Romanian prime minister Ludovic Orban said Monday the government would continue to cover furlough payments until at least June 1, as the country is preparing to lift its state of emergency a...

Oana Gavrila · 11.05.2020 · 17:06 · 1 min
Non-Bank Financial Institutions Get One-Year Deferral on IFRS Implementation
Banks-Insurance

Non-Bank Financial Institutions Get One-Year Deferral on IFRS Implementation

Romania's National Committee for Macroprudential Oversight has postponed for one year the obligation for non-bank financial institutions to switch to international financial reporting standa...

Oana Gavrila · 11.05.2020 · 16:59 · 1 min
Romania Raises RON817M Selling July 2025 Bonds at 3.82% Yield
Banks-Insurance

Romania Raises RON817M Selling July 2025 Bonds at 3.82% Yield

Romania's finance ministry on Monday raised 817 million lei (EUR169 million) selling bonds maturing in July 2025 at an average yield of 3.82%, central bank data showed.

Oana Gavrila · 11.05.2020 · 16:02 · 1 min
Hilton Hotels Management Expects 80% Drop in Travel Industry This Year
Retail&Consumer

Hilton Hotels Management Expects 80% Drop in Travel Industry This Year

Apex Alliance Hotel Management, which manages three hotels inBucharest - Hilton Garden Inn Old Town, Hilton Garden Inn Bucharest Airport and Courtyard by Marriott Bucharest Floreasca – will...

Oana Gavrila · 08.05.2020 · 11:50 · 1 min
Diverta Set to Reopen Bookstores
Companies

Diverta Set to Reopen Bookstores

Bookstore chain Diverta, which has 30 units countrywide, reopened its location in the Bucharest city center Wednesday and is set to reopen three other street locations Thursday.

Oana Gavrila · 07.05.2020 · 12:50 · 1 min
Dentons Europe to Provide Legal Services in View of Hidroelectrica IPO
Energy

Dentons Europe to Provide Legal Services in View of Hidroelectrica IPO

Romanian state-owned power company Hidroelectrica said Thursday it has selected Dentons Europe SPARL to provide legal services in view of an initial public offering.

Oana Gavrila · 07.05.2020 · 12:43 · 1 min
BestJobs: Half of Employees Think Economy Should Restart at Any Risk
Analysis

BestJobs: Half of Employees Think Economy Should Restart at Any Risk

One in two Romanian employees think the economy should be restarted at any risk and expect to return to the office this summer, despite uncertainties, a survey by BestJobs showed Thursday.

Oana Gavrila · 07.05.2020 · 11:46 · 1 min