Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
Romania Private Lending Grows 0.6% on Month in March, Government Credit Grows 10%
Private lending in Romania grew 0.6% in nominal terms and 0.1% in real terms in March compared with February, to RON272.552 billion, while government credit spiked more than 10% due to ballo...
Sphera Group CEO Georgios Argentopoulos Resigns
Sphera Franchise Group (SFG.RO), which manages restaurants under the KFC, Pizza Hut and Taco Bell brands, announced Friday its CEO Georgios Argentopoulos has resigned effective April 23.
EBRD Approves 2020-2025 Strategy for Romania
The European Bank for Reconstruction and Development (EBRD) has approved its latest strategy for Romania, covering the period 2020-2025, which includes help to mitigate the impact of Covid-1...
Medlife Seeks to Buy Back 1.77 Million Own Shares
Medlife, the leader of the private medical services market in Romania, seeks to buy back a maximum of 1.77 million own shares within 18 months at RON10-50 per share, according to a decision...
Romanian Government Approves Rescue Loans to Airlines
Romania's government approved late Thursday rescue loans requested by state-owned airline Tarom and private airline Blue Air to help them survive the coronavirus crisis.
Michelin Resumes Tire Production in Zalau, Romania
Michelin Romania, part of French tire manufacturer Michelin Group, said it has resumed tire production at its factory in Zalau starting Tuesday, as several automakers have started gradually...
Tarom Considers Furlough after 95% Drop in Activity
Romanian state airline Tarom was looking into putting its 2,000 employees on furlough after company activity dropped 95% due to he coronavirus crisis, according to company sources.
ROCA Targets Agri-Food and Logistics for New Investments
Investment and management platform ROCA sees the agri-food and logistical sectors as key drivers in economic recovery after the coronavirus crisis and targets investments in these sectors, R...
PwC: 73% of CFOs Greatly Concerned About Effects of COVID-19
Nearly three-quarters (73%) of CFOs are greatly concerned about the effects of COVID-19 on their operations, with 80% expecting a decrease in revenue, and only 9% view it as an isolated chal...
FinMin: Wages, Pensions, Investments Jeopardized by Low Tax Collection
All budget spending, including pensions public sector wages and investments will depend on revenue collection, Romanian finance minister Florin Citu told TV station Realitatea Plus in an int...
TeraPlast Group Posts 85% Growth in Profit in 1Q/2020
TeraPlast Group, the largest Romanian producer of construction materials, on Thursday reported a turnover of RON208.9 million for the first quarter of 2020, up 20% on the year, and a net pro...
Holde Agri Invest To Acquire Agromixt Buciumeni
Holde Agri Invest SA, a Romanian company operating farmland, announced it has signed a deal to acquire 100% of Agromixt Buciumeni, which works farmland in Calarasi county, southern Romania.