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Oana Gavrila

Fields
Banks-Insurance, Companies, Social/Politics
Writing for ZF since
2011
Articles
8.731
Amazon Web Services Opens Office in Bucharest
Companies

Amazon Web Services Opens Office in Bucharest

Amazon Web Services, Amazon’s cloud computing division, has opened its first office in Bucharest, part of its strategy to expand across Central and Eastern Europe.

Oana Gavrila · 19.05.2021 · 13:37 · 1 min
Report: Amazon Development Center, HP, Ubisoft Are Romania's Most Wanted Employers
HR

Report: Amazon Development Center, HP, Ubisoft Are Romania's Most Wanted Employers

The most wanted employers in Romania in 2021 are Amazon Development Center (Romania), HP Inc. Romania and Ubisoft, as the IT industry is seen as the most attractive, followed by services, ac...

Oana Gavrila · 19.05.2021 · 13:18 · 1 min
VIG Underwritings in Romania Grow 16% in 1Q, to EUR146.2M
Companies

VIG Underwritings in Romania Grow 16% in 1Q, to EUR146.2M

Insurer Vienna Insurance Group (VIG), which operates in Romania via Omniasig, Asirom and BCR Asigurari de Viata, reported gross underwritings of EUR146.2 million on the local market in the f...

Oana Gavrila · 19.05.2021 · 10:59 · 1 min
Lasselsberger Ceramics Romania Doubles Profit in 2020
Companies

Lasselsberger Ceramics Romania Doubles Profit in 2020

Lasselsberger Ceramics Romania, a local ceramic tile producer and owner of the Cesarom brand, posted 10% growth in turnover in 2020 and its profit doubled.

Oana Gavrila · 19.05.2021 · 10:45 · 1 min
Ex PM Viorica Dancila To Advise on Strategy within Central Bank Euro Entry Dept
Social/Politics

Ex PM Viorica Dancila To Advise on Strategy within Central Bank Euro Entry Dept

Romania's former social-democrat prime minister Viorica Dancila has not been appointed advisor to the central bank governor but will advise on strategy issues within the central bank's euro...

Oana Gavrila · 19.05.2021 · 10:21 · 1 min
Patria Bank Switches to Profit in 1Q/2021 from 1Q/2020 Loss
Banks-Insurance

Patria Bank Switches to Profit in 1Q/2021 from 1Q/2020 Loss

Lender Patria Bank (PBK.RO), held by private equity fund Emerging Europe Accession Fund (EEAF), on Tuesday reported a net profit of RON453,000 for the first quarter of 2021, from a loss of R...

Oana Gavrila · 18.05.2021 · 14:28 · 1 min
Colliers: Romanian Investment Market Down 42% in 1Q, 2Q Looks Livelier
Real Estate

Colliers: Romanian Investment Market Down 42% in 1Q, 2Q Looks Livelier

First-quarter investments on the Romanian property market declined 42% in annual terms, to EUR85 million euro in Romania, with office assets accounting for around half the transacted volumes...

Oana Gavrila · 18.05.2021 · 13:55 · 3 min
Ex PM Viorica Dancila Appointed Advisor to Central Bank Governor
Social/Politics

Ex PM Viorica Dancila Appointed Advisor to Central Bank Governor

Romania's former social-democrat prime minister Viorica Dancila has been appointed advisor to central bank governor Mugur Isarescu, the central bank confirmed Tuesday.

Oana Gavrila · 18.05.2021 · 13:08 · 1 min
Vodafone Romania Revenue Drops 1.5% in 2020/2021 FY, to EUR801M
Technology &Telecoms

Vodafone Romania Revenue Drops 1.5% in 2020/2021 FY, to EUR801M

Telecom operator Vodafone Romania on Tuesday reported total services revenue of EUR801 million for the fiscal year 2020/2021 ended March 31, 1.5% lower compared with the previous fiscal year...

Oana Gavrila · 18.05.2021 · 12:16 · 1 min
Vox Property Group Gets EUR19.5M Loan from CEC Bank
Banks-Insurance

Vox Property Group Gets EUR19.5M Loan from CEC Bank

Developer Vox Property Group has contracted a loan of EUR19.5 million from CEC Bank to consolidate previous debt and fund projects under development.

Oana Gavrila · 18.05.2021 · 11:36 · 1 min
First Stage of Athenee Palace Hilton Renovation Ready End-May
Real Estate

First Stage of Athenee Palace Hilton Renovation Ready End-May

The first stage of a EUR25 million renovation of the Athenee Palace Hilton hotel in Bucharest will be completed by the end of May, owner ANA Hotels said Tuesday.

Oana Gavrila · 18.05.2021 · 11:26 · 1 min
Erste Revises Romania 2021 GDP Growth Forecast to 6.7% from 4.2%
Analysis

Erste Revises Romania 2021 GDP Growth Forecast to 6.7% from 4.2%

Erste Group, which owns Romanian lender Banca Comerciala Romana, on Tuesday revised its forecast for Romania's economic growth to 6.7% for 2021 from a previous estimate of 4.2%, on positive...

Oana Gavrila · 18.05.2021 · 11:18 · 1 min