Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
Ford Keeps European Production Facilities Closed at Least Until May 4
Ford confirmed Friday that the temporary suspension of vehicle and engine production at most of its European manufacturing sites is now expected to run at least until May 4.
One in Five Employees in Romania's Manufacturing Industry Put on Furlough
One in five employees in Romania's manufacturing industry, the biggest sector by number of jobs in the country's economy, had been put on furlough by April 2 due to activity halts promoted b...
Financial Watchdog Assures Private Pensions Are Safe Despite Market Turbulence
Romanian's private pension contributions are safe as the system is built for the long run, with 30-40 years of saving and balanced and cautious investment plans, which shields it from short-...
Autoliv Cuts Expenses and Part of Employee Benefits to Cope with Coronavirus Crisis
Car safety systems manufacturer Autoliv Romania, the local subsidiary of the Swedish group Autoliv, said Thursday it has temporarily suspended all non-essential expenses and part of the bene...
UniCredit Bank Supervisory Board Chairman Dan Pascariu Quits Position
Dan Pascariu, chairman of UniCredit Bank's supervisory board, announced he was quitting the position in the board meeting held Thursday.
Austria's XXXLutz Temporarily Closes mömax Stores in Western Romania
Austrian furniture and home decor retailer XXXLutz, with annual sales of EUR4.65 billion, announced Thursday it was temporarily closing its mömax stores in Timisoara and Oradea due to the Co...
Tourism Employers Call for Legislation Change to Protect Seasonal Workers
Romania's employers association in the tourism sector calls for quick legislation changes to allow employees of seasonal business to benefit from unemployment aid, as the industry was hard h...
Coronavirus Crisis Depreciates Pension Fund Assets
Assets managed by mandatory private pension funds in Romania have depreciated 6.7% on average in January-March due to market shocks caused by the coronavirus pandemic, the Romanian associati...
Renault Extends Activity Halt at Dacia Car Assembly Plant
Groupe Renault Romania announced Thursday it was extending a production halt at the Dacia car assembly plant in Mioveni due to the coronavirus epidemic.
Tax Office Pays RON4B in VAT Refunds in March
Romania's tax administration agency ANAF refunded RON4 billion in value-added taxes in March compared with a monthly average of RON1.6 billion in January and February.
Romanian Finance Minister Expects Quick Recovery After Coronavirus Crisis
Romanian finance minister Florin Cit said Thursday he is optimistic and expects the country's economy to recover as quickly as it collapsed.
Colliers: Online Shopping Could Become More Widespread in the Future
Romanians have gained more confidence in online shopping amid restrictions imposed to limit the spread of Covid-19 and this behavior could become habitual for a larger chunk of the populatio...