Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
Highlander Partners Buys Majority Stake in Romanian SanoVita
US-based investment fund Highlander Partners said Wednesdafy it has acquired a majority stake in Romanian SanoVita, one of the most reputable and trusted food brands in Romania.
GFG Alliance Pledges to Invest EUR1B in Liberty Galati Steel Mill
GFG Alliance plans to invest EUR1 billion in its Liberty Galati steel mill over the next ten years to significantly reduce carbon emissions and to boost production, targeting to transform th...
Vascar Opens New Store in Iasi in EUR45,000 Investment
Vascar, one of the leading cold cuts and canned food producers, has opened a new store in Iasi, following an investment of EUR45,000.
Telekom Romania Consolidated Revenue Up 5% in 2019, to EUR980M
Telekom Romania posted consolidated revenues of EUR980 million in 2019, up 5% on the year, and its EBITDA also grew 5%, to EUR144 million, the company said in a statement.
Courtyard Hotel in Bucharest Targets 65% Occupancy in 2020
The Courtyard Bucharest Floreasca hotel, developed by Lithuanian Apex Alliance Group and opened in October 2019, targets an occupancy rate of 65% this year after 40% average occupancy in the...
IHG Affiliates Times Hotel in Bucharest under Holiday Inn Brand
IHG (InterContinental Hotels Group) will bring back its Holiday Inn brand to Romania by incorporating the former Golden Tulip Times hotel in Bucharest.
Urbano Parks To Build EUR14M Logistic Park in Western Cluj Napoca
Urbano Parks, founded by three entrepreneurs in Cluj Napoca, plans to invest EUR14 million to build the Urbano Cluj Vest (UCV) logistical park in the western area of the city by the end of t...
Black Sea Oil & Gas Expects First Extraction from Midia Block in 1Q/2021
Black Sea Oil & Gas, owned by Carlyle International Energy Partners and EBRD, expects its first gas extractions from the Midia offshore development in the first quarter of 2021, CEO Mark Bea...
Orange Romania Launches Currency Exchange Services in Orange Money App
Telecom operator Orange Romania has added currency exchange services to its Orange Money app, allowing users to transfer money in 18 currencies at no extra charge.
Haier Romanian Factory Investment 50% Backed by State Aid
Around half the EUR53 million investment in the refrigerator factory Chinese giant Haier plans to built in Prahova county, Romania, will be covered from state aid that the Romanian governmen...
Haier Invests EUR50M in Refrigerator Production Unit in Romania
Chinese giant Haier, one of the world's largest white goods manufacturers, will be investing EUR50 million in a production unit in Prahova county, Romania.
Romania Raises RON760M Selling Jan 2028 Bonds at 3.79% Average Yield
Romania's finance ministry on Monday raised 760 million lei (EUR159 million), versus a RON500 million target, selling bonds maturing in January 2028 at an average yield of 3.79%, central ban...