Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
Raiffeisen Bank Green Bonds Start Trading on Bucharest Stock Exchange Thursday
Green bonds issued by Raiffeisen Bank, the local division of Austria’s Raiffeisen Bank Group, will start trading on the Bucharest Stock Exchange Thursday under the ticker symbol RBRO26, the...
ATP Trucks Targets Annual Production of 350 Electric Buses in 5 Years
ATP Trucks Automobile, part of ATP Group in Baia Mare, northern Romania, owned by entrepreneur Mircea Cirt, estimates it will reach an annual production capacity of 350 electric buses in the...
EY Study: Financial Hurdles Could Be Biggest Barrier to Achieving Net Zero Targets
In 2020, global renewable energy capacity investments grew 2% to $303.5 billion, the second-highest annual figure recorded to date despite the impact of the global COVID-19 pandemic, but $5....
Help Net Sales Grow 22% in 2020, to RON978M
Help Net, the third leading pharmaceutical retail chain in Romania by number of units, reported sales of RON978 million in 2020, up 22% compared with 2019.
Bosch Posts Consolidated Sales of RON2.2B in Romania in 2020 Fiscal Year
Germany’s Bosch Group registered consolidated net sales of nearly RON2.2 billion (EUR448 million) in Romania in the fiscal year 2020, up 3% compared with 2019.
Black Sea Bank Funds Energy Efficiency Upgrade of Romanian Households via Garanti BBVA
The Black Sea Trade and Development Bank (BSTDB) is providing a loan of up to EUR10 million to Garanti BBVA Consumer Finance, to finance energy improvements and resource efficiency of reside...
ING Bank Romania Posts 11% Growth in Gross Profit in 1Q, to RON183M
Lender ING Bank Romania on Tuesday said its pre-tax profit grew 11% on the year in the first quarter of 2021, to RON183 million, while its revenues grew 2% in the same period, to RON544 mill...
IFC Invests $25M in BCR Bonds to Expand Access to Housing Finance
International Finance Corporation,a member of the World Bank group, is investing approximately $25 million equivalent in Romanian lei in senior non-preferred bonds placed by Banca Comerciala...
Inflation Dominated Central Bank May 12 Policy Meeting, Minutes Show
Romania's central bank board members discussed at length the new anticipated inflation pattern, raising the forecast to 4.1% at the end of 2021 from a previously expected 3.4%, the minutes o...
Furniture Maker Ecolor To Invest RON28M in Boosting Capacity
Furniture manufacturer Ecolor, owned by Swedish company Gyllensvaans Möbler and general manager Carl Widell, plans to invest RON28 million in 2021 in raising production capacity and automati...
Symmetrica Doubles Profit in 2020, to RON17M
Paving stone manufacturer Symmetrica of Suceava, owned by the Stanciu family, posted a turnover of RON162.2 million in 2020, up 19% on the year, and doubled its profit to RON17.1 million, fi...
Romania Raises RON300M Selling Oct 2034 at 4.15% Average Yield
Romania's finance ministry on Monday raised a planned 300 million lei (EUR60.9 million) selling bonds maturing in October 2034 at an average yield of 4.15%, central bank data showed.