Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
Romania Rejects All Bids for Oct 2027 Bonds
Romania's finance ministry on Thursday rejected all bids for treasury bonds maturing in October 2027, central bank data showed.
Kazakh–Romanian Energy Fund Starts Construction of New Cogeneration Plant at Petromidia
The Kazakh-Romanian Energy Investment Fund has launched the construction of a cogeneration plant on the Petromidia platform, an investment amounting to around $148 million, it said in a pres...
Crowdfunding Platform SeedBlink Raises EUR3M Series A Financing on Its Own Platform
SeedBlink, a local crowdfunding platform for Romanian IT start-ups, has raised EUR3 million in a Series A financing round on its own platform, of which EUR1.1 million raised from crowd-inves...
Lockdown Period Boosted Alfredo Seafood's Online Sales to EUR100,000
Online sales of fish and seafood brand Alfredo Seafood, owned by Cristian Darmanescu, totaled EUR100,000 in 2020, boosted by a two-month lockdown period and travel restrictions.
Raiffeisen Bank Green Bonds Start Trading in Bucharest
Raiffeisen Bank's first green bond issue, and the first green bonds in the Romanian banking sector, started trading on the Bucharest Stock Exchange Thursday.
Braiconf EUR7M Land Sale to Kaufland Falls Through
German-owned retailer Kaufland has dropped plans to buy the 10,000-square-meter land in Braila that hosts the current factory of Romanian apparel manufacturer Braiconf Braila (BRCR.RO), whic...
eMAG Marketplace Grows 80% in Past Year, Reaches 36,000 Sellers
Online commerce platform eMAG Marketplace grew 80% in the past year and reached over 36,000 SMEs selling their products in Romania, Bulgaria, and Hungary, online retailer eMAG said in a stat...
Alka Targets RON260M Sales in 2021 after Production Capacity Boost
Alka Trading, which manufactures Alfers wafers and Toortitzi crackers, had a turnover of RON231.5 million in 2020, up 2% on the year, and targets 12% growth in sales this year, to RON260 mil...
Shell Romania Set to Start Operations, Rents Offices at Mindspace
Shell Romania, the local subsidiary of oil group Shell, returning to the local market after 15 years, has adopted flexible work spaces from Mindspace for its local team instead of leasing tr...
Marmorosch Bucharest Hotel Opens in Summer after EUR42M
Lithuanian hotel operator Apex Alliance, which owns and operates four other hotels in Bucharest, will inaugurate this summer the Marmorosch Bucharest hotel, Autograph Collection, following a...
Kaufland Opens New Store in Timisoara, Reaches 143 Units in Romania
German retailer Kaufland is opening its fifth hypermarket in Timisoara, western Romania, reaching a national network of 143 units.
British American Tobacco Turnover Grows 5.8% in 2020, to RON11.3B
British American Tobacco (Romania) Trading, BAT group's biggest company locally, had a turnover of RON11.3 billion in 2020, 5.8% higher than in 2019, finance ministry data showed.