Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
Ara Shoes To Shut Down Romanian Factory in Salaj in April
German footwear manufacturer Ara Shoes is set to close its Romanian factory in Salaj county, in April and lay off some of its employees in Bihor county, sources told Ziarul Financiar.
Romanian Auto Market Sees 7th Year of Growth in 2019
Romania's auto market saw its seventh consecutive year of growth in 2019, with 606,163 new vehicle registrations, up 0.3% compared with 2018, as new car sales grew 23% and used car sales dec...
Romanian Central Bank Holds Key Rate at 2.5% a Year, Lowers Reserve Rates
Romania's central bank on Friday kept its benchmark interest rate on hold at 2.5% a year but lowered minimum reserve requirements on foreign currency liabilities to 6% from 8%.
De'Longhi Acquires New Production Plant in Romania
Italian household appliances manufacturing group De'Longhi on Friday announced the acquisition of a production plant in Romania in Madaras, Bihor county.
Transgaz Calls Shareholders Meeting to Set Up Romanian Gas Hub Services
Romania's natural gas transmission company Transgaz (TGN.RO) has called a shareholders' meeting on March 16 to approve the set-up of Romanian Gas Hub Services and the articles of incorporati...
Romania Raises RON1.16B Selling Feb 2029 Bonds at 4.17% Average Yield
Romania's finance ministry on Thursday raised 1.163 billion (EUR244 million) selling bonds maturing in February 2029 at an average yield of 4.17%, central bank data showed.
Romania, Bulgaria Have Lowest Work from Home Rates in EU
Romania and Bulgaria had the fewest number of people working from home in 2018, of 0.4% and 0.3% respectively, compared with a European average of 5.2%, Eurostat data showed Thursday.
C&W Echinox Appoints Andrei Brinzea as Land & Industrial Agency Partner
Real estate consultancy company Cushman & Wakefield Echinox is expanding its management team by appointing Andrei Brinzea as Partner on Land & Industrial Agency, the company said Thursday.
First Home Program Continues in 2020 with RON2B Guarantee Budget
Romania's subsidized mortgage lending program for first time homebuyers will continue in 2020 and has a guarantee budget of RON2 billion, the same as in previous years.
Revolut Tops 1 Million Users in Romania
British fintech Revolut has more than one million users in Romania after 400% growth in the second half of 2019, making Romania its biggest market after UK, it said in a statement Wednesday.
Romania's Government Dismissed in No-Confidence Vote
Romania's liberal government was dismissed Wednesday in a no-confidence vote after it took responsibility for changing election legislation for the country's upcoming local elections.
ING Survey: Home Ownership is Main Saving Goal for Two in Five Romanians
Among Europeans, Romanians are the most interested in saving to buy a home, as 84% find owning preferable to renting, while 21% don't think they could afford to buy their own home, a survey...