Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
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...
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.
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...
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.
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...
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...
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.
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.
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...
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...
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.
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...