Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
Banca Transilvania Donates EUR665,000 to Hospitals Fighting Covid-19
Banca Transilvania, Romania's largest lender by assets, has donated EUR665,000 so far to more than 30 hospital sin the country fighting the Covid-19 pandemic.
NEPI Says Romanian Office Sale Cancellation Not Due to Covid-19 Restrictions
Property developer NEPI Rockcastle said Wednesday the sale of its Romanian office portfolio to AFI Europe NV fell through due to a breach of agreement and was not due to current restrictions...
Vivre Deco's EUR3.5M Bonds Get OK for Stock Market Trading
Romania's financial watchdog on Wednesday authorized the registration of bonds issued by Vivre Deco, one of the largest online retailers of furniture and home decor in Central and Eastern Eu...
Antitrust Body Looks into Carbo Europe's Takeover of Carbochim
Romania's antitrust watchdog said Wednesday it was looking into Carbo Europe's plan to fully take over industrial abrasives manufacturer Carbochim.
AFI Europe's Acquisition of NEPI Rockcastle's Romanian Office Portfolio Canceled
The EUR300 million deal whereby AFI Europe was to acquire NEPI Rockcastle's office portfolio in Romania has been canceled, AFI said Wednesday in an announcement on the Tel Aviv Stock Exchang...
Allianz SE Reaches 5.09% Ownership in Romanian Power Utility Electrica
Romanian state-owned energy utility group Electrica (EL.RO) said Wednesday that starting 26 March 2020, entities indirectly held by Allianz SE exceeded the threshold of 5% and reached a hold...
Romania Forex Reserves Drop to EUR34.123B in March
Romania's foreign exchange reserves fell to EUR34.123 billion at the end of March from EUR35.83 billion at the end of February, central bank data showed Wednesday.
Central Bank Recommends Banks Should Not Distribute Dividends in 2020
Romania's central bank recommends commercial banks operating in Romania not to distribute dividends this year from their 2019 earnings, central bank board member Cristian Popa said Wednesday...
Telecom Regulator Extends 2100 MHz Telephony and Mobile Internet Licenses
Telecom operators Orange and Vodafone each paid EUR30 million Tuesday to extend their licenses in the 2100 MHz frequency band, Romania's telecom regulator ANCOM announced.
Central Bank Gov Says Peak Tension Caused by Covid-19 Crisis in Finance Has Passed
The peak tensions generated by the Covid-19 crisis in the monetary, banking and financial sectors has been overcome and cash withdrawals have dropped significantly in recent days after a rec...
Green Group Acquires Eltex Recycling
Green Group, a group of Romanian recycling firms owned by Abris Capital Partners, is acquiring Eltex Recycling, which manages industrial waste.
ArcelorMittal Hunedoara Reduces Activity on April 1-12
ArcelorMittal Hunedoara (SIDG.RO), 96.5% owned by steelworks group ArcelorMittal, said it would temporarily reduce activity in the period April 1-12 due to the coronavirus crisis.