Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
KeysFin: Romanian Pharmaceutical Industry To See Record Sales Due to Pandemic
The Romanian pharmaceutical industry will see record sales in 2020 on increased demand prompted by the coronavirus pandemic, according to KeysFin estimates.
Pirelli's Romanian Tire Factory Extends Production Halt
Pirelli Romania has postponed resuming activity at the tire manufacturing plant in Slatina which was shut down on March 23.
Kazakh-Romanian Energy Investment Fund Approves Two $43M Projects
The Kazakh-Romanian Energy Investment Fund said Tuesday it has recently approved two new investment projects totaling $43 million: the construction of a dewaxing plant at Petromidia and enha...
Romania Amends Loan Repayment Decree to Eliminate Additional Interest
Romania's government Monday evening amended a decree allowing borrowers to postpone their bank loan repayments for up to nine months, until the end of 2020, eliminating additional interest t...
Romania Starts Work on Sibiu–Pitesti Highway
Romania's national road infrastructure administration company CNAIR said works started Monday on the construction of a 13 km section of the future Sibiu–Pitesti highway.
Banks Say General Moratorium on Loan Repayments Hurt Economic Recovery
Romanian banking associations representing all banks active on the Romanian market said Monday allowing all customers to postpone bank loan repayments for up to nine months could lead to an...
Retailer Mega Image To Freeze Prices Until End-April
Retailer Mega Image, which has around 800 supermarkets and convenience stores in Romania, said Monday it would freeze prices on all its products until at least the end of April.
Telekom Romania Won't Reduce Headcount or Resort to Furlough, CEO Says
Telekom Romania will not reduce headcount and will not put employees on furlough, CEO Miroslav Majoros said in a teleconference Monday.
Hidroelectrica Sponsors Seven Emergency Care Hospitals with RON10M
The board of Romanian state-owned power company Hidroelectrica decided in a meeting Monday to sponsor seven hospitals with emergency care units with a total of RON10.03 million.
Michelin Halts Production in Zalau
Michelin Romania, part of French tire manufacturer Michelin Group, halted production in Zalau at the end of last week, just days after halting production in Floresti, Prahova county.
Medicover Reduces Investment Activities in 2020
Swedish-held private medical service provider Medicover, present in Romania though Medicover clinics and the Synevo laboratory division, said it has decided not to propose a dividend and it...
Footwear Manufacturer Denis Shuts Down Factory, Stores amid Coronavirus Pandemic
Footwear manufacturer Denis group, based in Suceava, which also has retail operations under the brand Anna Cori, has shut down its production facility and stores indefinitely due to the coro...