Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
SME Guarantee Fund Available to Take Over Loan Risks
Romania's national guarantee fund for SMEs said Tuesday it may support businesses and the financial sector by partially raking over loan risks and thus easing access to financing at advantag...
Blue Air Suspends All Regular Flights Starting March 21 During State of Emergency
Romanian airline Blue Air said Tuesday it will suspend all regular flights starting March 21 until the state of emergency is lifted and will operate a limited number of flights on March 17-2...
Ford Romania Employees Go on Furlough Amid Coronavirus Outbreak
Employees of Ford's car assembly plant in Craiova, southern Romania, will be forced to go on furlough between March 19 and April 5 due to the coronavirus epidemic, union representatives said...
Romania Seeks to Raise Eurobond Cap by EUR10B
Romania's finance ministry has drafted a bill to raise the ceiling on the Medium Term Notes program to EUR41 billion from the current EUR31 billion.
Romania Rejects All Bids for Jan 2028 Bonds
Romania's finance ministry on Monday rejected all bids for treasury bonds maturing in 2028 due to very low demand, central bank data showed.
Fin Min: Government Must Inject Liquidity into the Economy
Romania's government must inject liquidity into the economy and transfer resources from sectors doing well into sectors that will be hit harder by the coronavirus pandemic, finance minister...
Banks Call for Amended Regulations to Postpone Loan Payments
Commercial banks have asked the Romanian central bank to amend the regulation framework to allow postponing loan payments in various situation arising from the coronavirus crisis, such as is...
Antitrust Body Clears Sika's Acquisition of AdePlast
Romania's antitrust body said Monday it has cleared the acquisition of Romanian-held building materials manufacturer AdePlast by Swiss mortar and construction adhesive manufacturer Sika.
SMEs Call for Urgent Government Action to Navigate Covid-19 Crisis
Around 98.6% of small and medium-sized businesses in Romania say their activity will be deeply affected in the upcoming period by restrictions imposed in a bid to limit the spread of Covid-1...
Romania's Current Account Posts Surplus of EUR149M in January
Romania's current account balance posted a surplus of EUR149 million in January, compared with a surplus of EUR322 million in January 2019, central bank data showed Monday.
PwC: One in Five Companies Sees Revenue Drop amid Covid-19 Pandemic
Around 18% of companies in Romania expect their revenues to drop by as much as 20% due to the impact of the Covid-19 pandemic, while a large majority of companies (65%) have not yet assessed...
BRD Seeks to Pay Gross Dividends of RON1.64/Share
BRD SocGen (BRD.RO), the third largest lender in Romania by assets, has summoned shareholders for April 23 to approve the distribution of gross dividends of RON1.64 per share from the 2019 p...