Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
Secom Sales Grow 21% in 2019, to EUR25.5M
Secom, a food supplement importer and distributor owned by entrepreneurs Lucia and Andrei Costea, had sales of EUR25.5 million in 2019, up 21% on the year.
Lazard, STJ, Deloitte Seek to Advise Hidroelectrica in View of IPO
Lazard, STJ and Deloitte have signed up to provide equity advisory services to state-owned power producer Hidroelectrica in view of an initial public offering for an estimated EUR1.75 millio...
Isarescu: Gold Reserve Repatriation Entails Massive Costs
Romania's central bank governor Mugur Isarescu said Tuesday repatriating the country's gold reserve would not be profitable as at it entails costs 10 to 20 times higher than the commission p...
Carturesti Opens Bookstore in Timisoara
Bookstore chain Carturesti, owned by Nicoleta Dumitru and Serban Radu, has opened a new unit in downtown Timisoara, western Romania, reaching a total of 37 bookstores in Romania.
Romania Central Bank Lowers Inflation Forecast to 3% in 2020 from 3.1%
Romania's central bank sees year-end inflation at 3% in 2020 from a previous projection of 3.1%, central bank governor said Tuesday at a briefing on the February Inflation Report.
EC to Launch Excessive Deficit Procedure on Romania in March, Says Finance Minister
Romania will be placed under excessive deficit procedures in March at the earliest, outgoing finance minister Florin Citu said Monday evening on TV station Realitatea Plus.
Romania Net Average Salary Grows 5.1% on Month in December 2019
The average net salary in Romania grew 5.1% in nominal terms in December 2019 compared with November, to 3,340 lei (around EUR700), mainly due to end of the year bonuses, data from the count...
Romania Raises RON1.26B Selling June 2024 Bonds at 3.68% Average Yield
Romania's caretaker government on Monday raised 1.26 billion lei (EUR264.3 million), versus a RON700 million target, selling bonds maturing in June 2024 at an average yield of 3.68%, central...
City Grill Group Targets RON200M Turnover in 2020, Plans Five Restaurant Openings
City Grill Group, owned by entrepreneur Dragos Petrescu, had a turnover of RON187 million in 2019, up 13% on the year, and targets 12% growth in 2020, backed by plans to open four or five mo...
Diamedix Turnover Grows 10% in 2019, to EUR31.7M
Diagnostic solutions supplier Diamedix, owned by Spanish equity fund GED Capital, posted a turnover of EUR31.7 million in Romania in 2019, up 10% on the year, and expects 8-9% growth in 2020...
Romania Posts Trade Gap of EUR17.28B in 2019
Romania's trade balance posted a deficit of EUR17.28 billion in 2019, EUR2.164 billion higher compared with 2018, data from the country's statistics board showed Monday.
Central Bank Sees Annual Inflation Declining In Early Months of 2020
Romania's central bank expects the annual inflation rate declining significantly in the early months of 2020 and staying in the upper half of the variation band of 1.5%-3.5% until the end of...