Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
Romanian Motorcycle Market Grows 43.2% in 2019
The motorcycle market in Romania grew 43.2% in 2019 compared with 2018, to 2,177 units sold, data from the from the Automotive Manufacturers and Importers Association (APIA) showed Monday.
Rompetrol Rafinare Implements $4.6M LPG Recovery System
Rompetrol Rafinare (RRC.RO), a member company of KMG International Group, said Monday it has successfully implemented a modern system for recovering liquefied petroleum gas at the Petromidia...
Alro Posts RON68M Net Loss in 2019
Alro Group (ALR.RO), one of Europe’s largest vertically integrated aluminium producers, posted a consolidated turnover of RON2.8 billion in 2019, down 7%, and a net loss of RON68 million com...
Sphera Franchise Group Sales Grow 24% in 2019, to RON955M
Sphera Franchise Group (SFG.RO), which manages restaurants under the KFC, Pizza Hut and Taco Bell brands, said Monday its consolidated sales grew 23.8% on the year in 2019, to RON955 million...
Orsova Shipyard Profit Grows 12.4% in 2019, to RON3.2M
Romanian shipyard Santierul Naval Orsova (SNO.RO), held by three financial investment funds (SIFs) on Friday reported a net profit of RON3.2 million for 2019, up 12.4% on the year.
Romanian Government Authorizes Geotech Investigation in Offshore Midia Block
Romania's interim economy minister Virgil Popescu issued a permit Friday allowing geotechnical investigation for the offshore Midia gas project developed by Black Sea Oil & Gas.
Electromagnetica Turnover Drops 12% in 2019, to RON256M
Electromagnetica Bucuresti (ELMA.RO), which makes electrical equipment and produces electricity, posted a turnover of RON256 million in 2019, down 12% on the year, while its profit declined...
IAEA Concludes Operational Safety Review of Romania’s Nuclear Power Plant
An International Atomic Energy Agency (IAEA) team of experts has completed a review of long term operational safety at the Cernavoda nuclear power plant in Romania at the request of plant op...
Farmaceutica Remedia Owner Raises Stake to 80.5% in RON7.16M Transaction
The majority shareholder of Farmaceutica Remedia (RMAH.RO) Valentin-Norbert Tarus, who is also the company's board chairman and general manager, has acquired 15,9 million shares in the compa...
Financial Regulator Revokes Certasig's License, Starts Bankruptcy Procedures
Romania financial regulator decided on February 19 to revoke the license of insurer Certasig for failing to cover minimum capital requirements, the institution said Thursday.
Delgaz Grid Plans to Invest Over RON200M in Gas Network Upgrades in 2020
Delgaz Grid, E.ON's natural gas and electricity distribution company in Romania, plans to invest over RON200 million this year in upgrades to the natural gas distribution network, the compan...
Romania Raises RON738.5M Selling Sept 2023 Bonds at 3.37% Average Yield
Romania's finance ministry on Thursday raised 738.5 million lei (EUR154.38 million), above its RON600 million target, selling bonds maturing in September 2023 at an average yield of 3.37%, c...