Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
Interagro Announces EUR22M Investment in Zimnicea Terminal
Agribusiness group Interagro, owned by Ioan Niculae, is investing EUR22 million in partnership with US group Nitron in a mixed terminal for the import and export of fertilizers in the Danube...
Cocktail Holidays Sales Grow 40% in 2019, to EUR25M
Travel agency Cocktail Holidays, owned by the Goicea family, had sales of EUR25 million in 2019, up 40% on the year, and expects 45% growth in 2020.
Nuclearelectrica Considers Self-Funding Third Nuclear Unit
Romanian state-owned nuclear power producer Nuclearelectrica may build a third nuclear reactor at the power plant in Cernavoda on its own, relying on its cash flow and on bank loans, company...
EBRD Seeks 5% Stake in Hidroelectrica ahead of IPO
The European Bank for Reconstruction and Development (EBRD) has expressed interest in acquiring 5% of Romanian power producer Hidroelectrica ahead of its stock market listing, outgoing econo...
OMV Patrom's Petrobrazi Refinery Invests EUR3M in New Marine Fuel Oil Production
OMV Petrom's Petrobrazi refinery has completed a EUR3 million investment in installations allowing it to produce a new marine fuel oil that supports the shipping industry in reducing sulfur...
Romania Posts Second Highest GDP Growth in EU in 4Q/2019
Romania had the second-biggest economic growth in the European Union in the fourth quarter of 2019, with 4.1% on annual basis, after Hungary (4.6%) but ahead of Bulgaria and Poland (3.5% eac...
Financial Regulator Authorizes New Board of Bucharest Stock Exchange
Romania's financial regulator ASF has authorized the new board or directors of the Bucharest Stock Exchange (BVB.RO), which operates the Romanian stock market, the operator said in a stateme...
Renault Plans to Launch 100% Electric Dacia Model in 2021-2022
Renault plans to launch a fully electric Dacia model in 2021-2022, the carmaker announced Friday along with its earnings report.
Romcarbon Buzau Net Profit Slumps 93% in 2019, Sales Down 7%
Romcarbon Buzau (ROCE.RO), one of the major plastic packaging producers in Romania, on Friday reported a net profit of RON391,165 for 2019, down 93% from RON4.4 million in 2018, while sales...
Transelectrica Net Profit Grows 28% in 2019, to RON104M
Romanian state-owned power grid operator Transelectrica (TEL.RO) on Friday reported a net profit of RON104 million for 2019, 28% higher compared with 2018, while its total revenues dropped 1...
Romania's GDP Grows 4.1% in 2019
Romania's gross domestic product grew 4.1% in 2019 compared with 2018, a flash estimate from the country's statistics board showed Friday.
Romania Raises RON558M Selling Oct 2034 Bonds at 4.47% Average Yield
Romania's finance ministry on Thursday raised 558 million lei (EUR117.1 million) from local banks selling bonds maturing in October 2034 at an average yield of 4.47%, central bank data showe...