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Oana Gavrila

Fields
Banks-Insurance, Companies, Social/Politics
Writing for ZF since
2011
Articles
8.731
Alro Shareholders Approve $40M Credit Line
Capital Market

Alro Shareholders Approve $40M Credit Line

Shareholders of aluminum producer Alro Slatina (ALR.RO) approved Tuesday a $40 million credit line from the Black Sea Trade and Development Bank to refinance costs of its 2018-2019 investmen...

Oana Gavrila · 21.01.2020 · 17:37 · 1 min
Opus Land Plans to Invest EUR22M in Cosmopolis Residential Project Expansion
Real Estate

Opus Land Plans to Invest EUR22M in Cosmopolis Residential Project Expansion

Opus Land, the developer of the Cosmopolis residential compound in Bucharest, plans to invest over EUR22 million in 2020 to expand the project to 4,100 housing units.

Oana Gavrila · 21.01.2020 · 13:29 · 1 min
Obsidian AG Launches Local Insurance Broker in Romania
Companies

Obsidian AG Launches Local Insurance Broker in Romania

Swiss Obsidian AG has entered the Romanian insurance brokerage market and launched Obsidian Broker de Asigurare-Reasigurare. The local company is run by Valentin Tuca, former CEO of AON Roma...

Oana Gavrila · 21.01.2020 · 12:50 · 1 min
Schneider Electric Romania Sales Manager Takes Over as General Manager in February
Companies

Schneider Electric Romania Sales Manager Takes Over as General Manager in February

Lucian Enaru will take over in February as general manager of Schneider Electric Romania and Moldova as the four-year term of current general manager Marius Persinaru is ending.

Oana Gavrila · 21.01.2020 · 12:21 · 1 min
Romania Raises RON715.5M Selling April 2026 Bonds at 4.04% Average Yield
Banks-Insurance

Romania Raises RON715.5M Selling April 2026 Bonds at 4.04% Average Yield

Romania's finance ministry on Monday raised 715.5 million lei (EUR149.7 million) versus a RON600 million target selling bonds maturing in April 2026 at an average yield of 4.04%, central ban...

Oana Gavrila · 20.01.2020 · 14:18 · 1 min
Romanian Media Market Grows 7% in 2019, to EUR487M
Media

Romanian Media Market Grows 7% in 2019, to EUR487M

The media market in Romania grew 7% on the year in 2019, to EUR487 million, and is seen growing 5.5% in 2020, to EUR514 million, according to the latest Media Fact Book report by media agenc...

Oana Gavrila · 20.01.2020 · 14:14 · 1 min
Dacia Sells Over 55,000 Vehicles in Romania in 2019
Automotive

Dacia Sells Over 55,000 Vehicles in Romania in 2019

Romanian carmaker Dacia, owned by France's Renault, sold 55,463 vehicles in Romania in 2019, slightly higher compared with 54,593 vehicles in 2018, it said in a press release Friday.

Oana Gavrila · 17.01.2020 · 11:41 · 1 min
Banks-Insurance

Romania Raises RON810M Selling Aug 2022 bonds at 3.66% Average Yield

Romania's finance ministry on Thursday raised 810.8 million lei (EUR169.6 million) selling bonds maturing in August 2022 at an average yield of 3.66%, central bank data showed.

Oana Gavrila · 16.01.2020 · 14:54 · 1 min
Colliers to Provide Property Management For Equilibrium Office Building
Real Estate

Colliers to Provide Property Management For Equilibrium Office Building

Real estate consultancy company Colliers International Romania will provide property management services for the first office building in the Equilibrium project developed by Skanska in Buch...

Oana Gavrila · 16.01.2020 · 12:11 · 1 min
Analysis

Pillar II Pension Funds Post Average Yield of 11.8% in 2019

Mandatory private pension funds in Romania (Pillar II) had an average yield of 11.8% in 2019, the highest in the past nine years, the Romanian association for private pensions APAPR said in...

Oana Gavrila · 16.01.2020 · 11:53 · 1 min
SIF Transilvania Appoints Executive Board Members
Capital Market

SIF Transilvania Appoints Executive Board Members

Mihai Fercala, 70, has been granted a new four-year term on the executive board of regional investment fund SIF Transilvania (SIF3.RO), alongside Iulian Stan and Stefan Szitas.

Oana Gavrila · 16.01.2020 · 11:06 · 1 min
Globalworth Fully Acquires Renault Bucharest Connected Office Project
Real Estate

Globalworth Fully Acquires Renault Bucharest Connected Office Project

Developer Globalworth, the biggest investor on the Central and Eastern European office market, is the sole shareholder of the company that owns the Renault Bucharest Connected office project...

Oana Gavrila · 15.01.2020 · 10:38 · 1 min