Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
Romania Raises RON815.3M Selling Sept 2031 Bonds at 4.32% Average Yield
Romania's finance ministry on Monday raised 815.3 million lei (EUR169.5 million), versus a RON700 million target, selling bonds maturing in September 2031 at an average yield of 4.32%, centr...
Gral Medical Posts EUR35M Turnover in 2109, Targets Acquisitions in 2020
Gral Medical, the sixth largest player on the Romanian private healthcare services market, owned by entrepreneur Robert Serban, posted a turnover of EUR35 million in 2019, up 13% on the year...
Romania Forex Reserves Grow to EUR35.83B in February
Romania's foreign exchange reserves grew to EUR35.83 billion at the end of February from EUR35.505 billion at the end of January, central bank data showed Monday.
Dedeman Opens New Store Following EUR11M Investment
Dedeman, the largest Romanian entrepreneurial business and the largest player on the DIY retail market, will open its 51st store at the end of the week, following an investment of EUR11 mill...
Hidroelectrica To Reprise Selection of Equity Adviser
Romanian state-owned power producer Hidroelectrica is set to reprise the selection process for equity advisory services in view of an initial public offering due to a technical glitch in the...
Prefab Net Profit Halves in 2019, to RON1.1M
Construction materials manufacturer Prefab Bucuresti (PREH.RO) said Friday its net profit halved in 2019 to RON1.1 million and its turnover dropped 13.7%, to RON65.3 million on lower sales.
Rompetrol Rafinare Posts Net Loss of $49M in 2019
Rompetrol Rafinare (RRC.RO), part of KMG International, posted a net consolidated loss of $48.97 million in 2019, 77% deeper compared with a loss of $27.6 million in 2018, its said in its pr...
Electrica Net Profit Drops 10% in 2019, to RON206M
Romanian state-owned energy utility group Electrica (EL.RO) on Friday reported consolidated revenues of RON6.2 billion for 2019, up 11% on the year, while its net profit dropped 10%, to RON2...
BCR Posts RON593.2M Net Profit in 2019, Down 50%, Loan Portfolio Up 10%
Romanian lender Banca Comerciala Romana (BCR), owned by Austria's Erste Group, on Friday reported a net profit of RON593.2 million (EUR125 million) for 2019, and 10% growth in its loan portf...
FP Values Hidroelectrica at RON24.4B
Romanian state-owned hydropower producer Hidroelectrica is assessed by minority shareholder Fondul Proprietatea (FP.RO) at RON24.4 billion, gaining RON3.7 billion in value in just one month...
BCR Group Posts EUR85M Net Profit Attributable to Majority Shareholder
Romanian lender Banca Comerciala Romana (BCR), majority owned by Austria's Erste Group, posted net profit attributable to the majority shareholder of EUR85 million in 2019, compared with EUR...
Romania Raises EUR150M Selling 5-Month Bills at Negative Yield
Romania's finance ministry on Thursday raised EUR150 million selling five-month treasury bills, maturing in August 2020, at a negative yield of 0.11% a year, central bank data showed.