Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
KeysFin: Coronavirus Spread Affects Local Importers of Phones, Electronics
China is Romania's seventh largest commercial partner and the coronavirus epidemic mainly affects local businesses importing mainly phones and electronics directly from China, according to a...
Norway Sovereign Fund Sells Stakes in Romanian Energy Companies, Buys into Sphera Group
Norway's Sovereign Wealth Fund, with assets of $1.1 trillion, liquidated its stakes in Romania's Nuclearelectrica, Romgaz and the Bucharest Stock Exchange operator and bought into Sphera Gro...
Romanian Government Gets RON502M in Back Dividends from Enel
Romania's government has recovered RON502 million in dividends owed for its minority stakes in three companies owned by Italian utility group Enel.
Celestica To Lay Off 450 Employees in Romanian Factory
Canadian-held electronic components supplier Celestica, the owner of a plant in Bihor county, plans to lay off 451 of its 1,664 employees in Romania citing a 20% downsize in factory activity...
Antibiotice Iasi Net Profit Declines 10% in 2019, to RON30.8M
State-owned Antibiotice Iasi (ATB.RO), one of the leading local pharmaceutical manufacturers, said Thursday its net profit declined 10% in 2019, to RON30.8 million, while sales revenue grew...
Banca Transilvania Plans to Distribute 60% of 2019 Profit as Cash Dividends
Banca Transilvania (TLV.RO), Romania's largest lender by assets, said in its preliminary earnings report released Thursday it plans to distribute 60% of its 2019 net profit of RON1.62 billio...
Banca Transilvania Net Profit Grows 33% in 2019, to RON1.6B
Banca Transilvania (TLV.RO), Romania's largest lender by assets, said Thursday it had a net profit of RON1.6 billion in 2019, up 33% on the year, while revenues grew 12.17%, to RON4.03 billi...
EC Country Report: Romania Made No Progress to Improve Public Pension System
Romania has made no progress on the fiscal framework and the public pension system, skills, minimum inclusion income, predictability of decision-making and the corporate governance of state-...
PwC: Romanian M&A Market Grows 4% in 2019, to EUR5.2B
The mergers and acquisitions market in Romania returned to growth in 2019, increasing 4%, to EUR5.2 billion, after a 9.6% decline in 2018, a study by PwC Romania and D&B David si Baias showe...
BenefitOnline: Employers Allocate RON400 per Employee Benefits on Average in 2019
Employers offered a gross average of RON400 a month per employee as benefits in 2019, according to flexible benefit platform BenefitOnline, while employees spent an average RON230 per benefi...
Nuclearelectrica Posts 31% Growth in Net Profit in 2019, to RON540M
Romania's state-owned nuclear power producer Nuclearelectrica (SNN.RO) on Wednesday reported 31% growth in net profit for 2019, to RON540 million.
Romania Rejects All Bids for June 2025 Euro-Denominated Bonds
Romania's finance ministry on Tuesday rejected all bids on a euro-denominated bond issue maturing in June 2025 from which it hoped to raise EUR200 million from the local market, central bank...