Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
PM-Designate: Romania Has the Tools to Handle Economy Amid Coronavirus Crisis
Romania has the resources and fiscal and monetary tools to respond to potential shocks stemming from the coronavirus epidemic and to alleviate its potential negative effects, prime minister...
Elefant Online Posts Operational Loss of RON6.7M, Targets Profit in 2020
Elefant Online, which operates online retailer elefant.ro, reported a turnover of RON173.7 million for 2019, up 25% on the year, and an operational loss of RON6.7 million, compared with a lo...
Colliers Expects 200,000 Sqm Office Deliveries in Bucharest in 2020
Office deliveries in Bucharest will amount to 200,000 square meters and will grow to an estimated 500,000 sqm in 2021, intensifying competition among developers and among developers and owne...
OMV Petrom Shares Fall 24% After Brent Oil Price Drop
Shares of OMV Petrom (SNP.RO), the most valuable company listed on the Bucharest Stock Exchange, fell 24% Monday in reaction to a sharp drop in Brent oil prices Sunday night.
Net Investment in Romania Grows 17.9% in 2019
Net investments in the Romanian economy grew 17.9% in 2019 compared with 2018, to RON104.12 billion, preliminary data from the country's statistics board showed Monday.
Romania Suspends Air Traffic to and from Italy to Limit Coronavirus Spreading
Romania's government has decided to shut down all air traffic to and from Italy for two weeks starting Monday in an attempt to limit the spread of the coronavirus, interior minister Marcel V...
Saudi Al-Arab Reaches 96.6% Ownership of Electroputere Craiova
Romanian power transformers producer Electroputere Craiova (EPT.RO) is free to delist from the Bucharest Stock Exchange after its majority shareholder ended an offering to buy a minority sta...
Transgaz Commits to Facilitate Natural Gas Exports
Transgaz, the state-controlled natural gas transmission system operator in Romania, has committed to facilitate natural gas exports from Romania to neighboring EU member states, in particula...
OTP Bank Romania Profit Grows 65% in 2019, to RON92M
OTP Bank Romania, the subsidiary of the largest banking group in Hungary, reported an adjusted net profit after taxation of RON92 million in 2019, up 65% compared with 2018.
Dafora Medias Switches to RON4.4M Profit in 2019 from RON6.2M Loss in 2018
Romanian drilling company Dafora Medias (DAFR.RO) on Thursday reported a net profit of RON4.4 million in 2019, compared with a net loss of RON6.2 million in 2018.
Paval Holding Buys 5% in Purcari Wineries
Paval Holding SRL, the investment vehicle owned by Adrian and Dragos Paval who also own DIY retailer Dedeman, has bought 5% in Purcari Wineries (WINE.RO), Purcari said in a stock market noti...
Romania Raises RON763.2M Selling Dec 2022 Bonds at 3.12% Average Yield
Romania's finance ministry on Thursday raised 763.2 million lei (EUR158.7 million), versus a RON500 million target, selling treasury bonds maturing in December 2022 at an average yield of 3....