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Oana Gavrila

Fields
Banks-Insurance, Companies, Social/Politics
Writing for ZF since
2011
Articles
8.731
PM: Romania Posts Fastest Economic Recovery in History
Social/Politics

PM: Romania Posts Fastest Economic Recovery in History

Romania registers the fastest economic recovery in history after the biggest economic crisis of the past hundred years, Romanian prime minister Florin Citu said Tuesday after official data s...

Oana Gavrila · 18.05.2021 · 10:16 · 1 min
Romania's GDP Grows 2.8% in 1Q/2021 vs. 4Q/2020
Macroeconomics

Romania's GDP Grows 2.8% in 1Q/2021 vs. 4Q/2020

Romania's gross domestic product grew 2.8% in real terms in the first quarter of 2021 compared with the fourth quarter of 2020, a flash estimate from the country’s statistics board showed Tu...

Oana Gavrila · 18.05.2021 · 09:17 · 1 min
Romania Raises RON555.3M Selling Oct 2030 Bonds at 3.28% Average Yield
Banks-Insurance

Romania Raises RON555.3M Selling Oct 2030 Bonds at 3.28% Average Yield

Romania's finance ministry on Monday raised 555.3 million lei (EUR112.7 million), above its Ron500 million target, selling bonds maturing in October 2030 at an average yield of 3.28%, centra...

Oana Gavrila · 17.05.2021 · 14:45 · 1 min
Romanian Antitrust Body Clears Allianz-Tiriac's Acquisition of Gothaer Romania
Banks-Insurance

Romanian Antitrust Body Clears Allianz-Tiriac's Acquisition of Gothaer Romania

Romania's competition authority said Monday it has green-lit the acquisition of insurance company Gothaer Asigurari Reasigurari by Allianz-Tiriac, saying the deal didn't pose any competition...

Oana Gavrila · 17.05.2021 · 12:56 · 1 min
Deloitte Romania Relocates Timisoara HQ to ISHO Offices
Real Estate

Deloitte Romania Relocates Timisoara HQ to ISHO Offices

Deloitte Romania will relocate its operations in western Romania to the ISHO Offices project in Timisoara at the end of May.

Oana Gavrila · 17.05.2021 · 12:49 · 1 min
Tarom Cancels Monday's Tel Aviv Flights Amid Escalating Violence
Social/Politics

Tarom Cancels Monday's Tel Aviv Flights Amid Escalating Violence

Romanian state airline Tarom has canceled Monday's flights to Tel Aviv amid escalating hostilities between the Israeli military and Hamas in Gaza.

Oana Gavrila · 17.05.2021 · 12:41 · 1 min
IAR Brasov Profit Grows 11% in 1Q, to RON14M
Capital Market

IAR Brasov Profit Grows 11% in 1Q, to RON14M

Romanian state-run aircraft repair and maintenance company IAR Brasov (IARV.RO) on Monday reported a net profit of RON14.1 million fro the first quarter of 2021, up 11% on the year.

Oana Gavrila · 17.05.2021 · 12:09 · 1 min
Garanti BBVA Leasing Gets EUR20M Loan from Black Sea Development Bank
Companies

Garanti BBVA Leasing Gets EUR20M Loan from Black Sea Development Bank

The Black Sea Trade and Development Bank (BSTDB ) said Monday it has granted a EUR20 million leasing facility to Garanti BBVA Leasing to help fund small and medium-sized enterprises in Roman...

Oana Gavrila · 17.05.2021 · 12:02 · 1 min
PwC: Over 40% of Romanian Companies Expect Pandemic Tax Breaks to Spur New Tax Inspections
Analysis

PwC: Over 40% of Romanian Companies Expect Pandemic Tax Breaks to Spur New Tax Inspections

Over 40% of Romanian companies expect that deferrals and exemptions from tax obligations, technical unemployment benefits and subsidies granted by the state during the health crisis will lea...

Oana Gavrila · 17.05.2021 · 11:52 · 3 min
EY: Over 50% of Employees Globally Would Quit Jobs If Not Given Post-Pandemic Flexibility
HR

EY: Over 50% of Employees Globally Would Quit Jobs If Not Given Post-Pandemic Flexibility

Nine in ten employees want flexibility in where and when they work and given the choice, more than half of employee respondents (54%) would choose flexibility in when they work and 40% want...

Oana Gavrila · 17.05.2021 · 11:43 · 2 min
OMV Petrom Closes Sale of Assets in Kazakhstan to Focus on Black Sea Region
Companies

OMV Petrom Closes Sale of Assets in Kazakhstan to Focus on Black Sea Region

OMV Petrom, the largest energy company in Southeastern Europe, said Monday its has closed the sale of its production assets in Kazakhstan to focus its regional expansion towards the Black Se...

Oana Gavrila · 17.05.2021 · 11:32 · 1 min
Compa Sibiu 1Q Profit Grows 26%, to RON7.47M
Companies

Compa Sibiu 1Q Profit Grows 26%, to RON7.47M

Car parts manufacturer Compa Sibiu (CMP.RO) on Monday reported a net profit of RON4.74 million for the first quarter of 2021, up 26% compared with the same period in 2020.

Oana Gavrila · 17.05.2021 · 11:15 · 1 min