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Oana Gavrila

Fields
Banks-Insurance, Companies, Social/Politics
Writing for ZF since
2011
Articles
8.731
Globalworth Puts New Investments on Hold
Real Estate

Globalworth Puts New Investments on Hold

Developer Globalworth, the biggest investor on the Romanian and Polish office markets, said it was suspending new investments but was monitoring the market for investment opportunities.

Oana Gavrila · 23.04.2020 · 10:39 · 1 min
IFC Invests EUR205M in WDP to Support Romania’s Green Property Sector
Real Estate

IFC Invests EUR205M in WDP to Support Romania’s Green Property Sector

Belgian warehouse developer Warehouses De Pauw NV (WDP), which operates over 230.000 square meters of logistical and industrial spaces in Romania, was granted EUR205 million by IFC for the c...

Oana Gavrila · 22.04.2020 · 12:58 · 1 min
Colliers: Non-Food Retailers Expect 30% Drop in Sales this Year
Retail&Consumer

Colliers: Non-Food Retailers Expect 30% Drop in Sales this Year

Non-food retailers, among the most affected by restrictions due to the Covid-19 pandemic, expect their sales will drop by an average 30% by the end of the year, according to a Colliers Inter...

Oana Gavrila · 22.04.2020 · 11:48 · 1 min
Dedeman To Install Solar Panels on Its Store Rooftops
Energy

Dedeman To Install Solar Panels on Its Store Rooftops

Dedeman, the largest Romanian entrepreneurial business and biggest local DIY chain, has started installing solar panels on the rooftops of 28 of its stores to produce electricity for self-co...

Oana Gavrila · 22.04.2020 · 11:29 · 1 min
Mercer Marsh Poll: Just 17% of Companies Froze Salaries, 3% Considering Cuts
Analysis

Mercer Marsh Poll: Just 17% of Companies Froze Salaries, 3% Considering Cuts

Over half of the 160 companies polled by Mercer Marsh Benefits in Romania halted office activity, 17% froze salaries, 3% are considering salary cuts and 60% have already raised wages this ye...

Oana Gavrila · 21.04.2020 · 14:03 · 1 min
Banks-Insurance

Romania Raises RON545M Selling Feb 2025 Bonds at 3.93% Average Yield

Romania's finance ministry on Thursday raised 545 million (EUR112.7 million) versus a RON500 million target selling bonds maturing in February 2025 at an average yield of 3.93%, central bank...

Oana Gavrila · 16.04.2020 · 17:00 · 1 min
Macroeconomics

Raiffeisen Bank Chief Economist Says Govt GDP Growth Forecast Is Overly Optimistic

The Romanian government's economic growth projection of 1.9% of GDP for this year is overly optimistic, Raiffeisen Bank chief economist Ionut Dumitru told Ziarul Financiar.

Oana Gavrila · 16.04.2020 · 16:32 · 1 min
CBRE: Real Estate Investments in Romania Reach EUR120.9M in 1Q/2020
Real Estate

CBRE: Real Estate Investments in Romania Reach EUR120.9M in 1Q/2020

Investments on the Romanian real estate market amounted to EUR120.9 million in the first quarter of 2020, of which 85% were acquisitions of office and industrial spaces, real estate consulti...

Oana Gavrila · 16.04.2020 · 15:29 · 2 min
Colliers: 9 in 10 Office Building Tenants Expect to Return to Offices in Summer
Real Estate

Colliers: 9 in 10 Office Building Tenants Expect to Return to Offices in Summer

Nearly 70% of office owners and tenants expect the Covid-19 pandemic will affect their activity all year and estimate the first signs of recovery no sooner than 2021, according to a poll by...

Oana Gavrila · 16.04.2020 · 12:46 · 2 min
Romania Will Need to Borrow at Least EUR26B in 2020
Banks-Insurance

Romania Will Need to Borrow at Least EUR26B in 2020

The coronavirus crisis has raised expenses and cut revenues to the state budget and Romania will need to borrow at least EUR26 billion to finance its budget deficit and external debt.

Oana Gavrila · 15.04.2020 · 19:50 · 1 min
Romania's Budget Gap to Widen to 6.7% of GDP in 2020, Fin Min Says
Macroeconomics

Romania's Budget Gap to Widen to 6.7% of GDP in 2020, Fin Min Says

Romania's finance minister Florin Citu said Wednesday the country's budget deficit will reach 6.7% of the gross domestic product this year and the country's prognosis commission expects the...

Oana Gavrila · 15.04.2020 · 17:36 · 1 min
Romanian Beer Market Stable in 2019, at 16.7 Million Hectoliters
Retail&Consumer

Romanian Beer Market Stable in 2019, at 16.7 Million Hectoliters

Romania’s beer market remained constant in 2019, at around 16.7 million hectoliters, just 0.4% higher than in 2018, the Romanian Brewers Association said Wednesday.

Oana Gavrila · 15.04.2020 · 14:21 · 2 min