Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
Romania Net Average Salary Drops 4.5% on Month in January
The average net salary in Romania fell 4.5% in nominal terms in January compared with December 2019, to 3,189 lei (around EUR662), data from the country's statistics board showed Friday.
Hidroelectrica Seeks Shareholder Approval to Submit Final Bid for CEZ Assets
Romanian state-owned power company Hidroelectrica is seeking shareholder approval to draft and submit a bid for the local wind power capabilities Czech utility group CEZ.
Sphera Says Coronavirus Epidemic Will Negatively Impact Operations
Sphera Franchise Group (SFG.RO), which manages restaurants under the KFC, Pizza Hut and Taco Bell brands said Thursday its expansion plans in Italy will be negatively impacted by the coronav...
Timisoara Airport Traffic Seen Dropping 40% in March amid Coronavirus Restrictions
The international airport in Timisoara, western Romania, expects traffic will decline 40% in March amid flight restrictions imposed to limit the spreading of Covid-19.“Due to the global epid...
Annual Inflation in Romania Slows to 3% in February
Romania's annual inflation rate slowed to 3% in February from 3.6% in January, data from the country's statistics board showed Wednesday.
Romania Posts Trade Gap of EUR1.323B in January
Romania's trade balance posted a deficit of EUR1.323 billion in January, EUR50 million higher compared with January 2019, data from the country's statistics board showed Wednesday.
Romania Seeks to Extend First Home Program to Vulnerable Categories
Romania's subsidized mortgage lending program for first time homebuyers will include 100% guarantees for people in vulnerable categories, compared with the regular 40% loan guarantee, accord...
Wizz Air Suspends Flights To Israel, Extends Flight Suspension to Italy
Wizz Air said Tuesday it will suspend all flights to Israel between March 12 and March 23, in line with restrictions imposed by Israeli authorities, and will extend suspension of flights to...
Agroland Raises RON8.08M in 5-Year Corporate Bond Sale
Agroland Business Systems, a company developed by entrepreneur Horia Cardos, which owns a chain of supermarkets catering to farmers, has completed a five-year offer for corporate bonds and r...
Romania's Car Production Grows 7.7% YoY in February
Romania's two car assembly factories, Automobile Dacia and Ford, manufactured 48,038 cars in February, 7.7% more compared with February 2019, data from the association of automotive manufact...
Second Reading Confirms 4.1% GDP Growth in 2019
Romania's gross domestic product grew 4.1% in 2019 compared with 2018, a second reading from the country's statistics board showed Tuesday.
Romania Raises RON800.9M Selling July 2025 Bonds at 3.57% Average Yield
Romania's finance ministry on Monday sold 800.9 million (EUR166.2 million) worth of July 2025 treasury bonds, from an initial target of RON500 million, at an average yield of 3.57% a year, c...