Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
Orange Romania Turnover Grows 2.5% in 1Q, to EUR264M
Telecom operator Orange Romania on Thursday reported a turnover of EUR264 million for the first quarter of 2021, 2.5% higher compared with the same period last year.
PayU: Romanian Online Fashion Market to Top $1B by Year-End
The online fashion market in Romania will exceed the $1 billion threshold by the end of 2021, according to a report by PayU, the fintech and e-payments business of Prosus.
Dacia Sales Grow 10% in 1Q, to 121,231 Units
Sales of Romanian automaker Dacia grew 10.2% on the year in the first quarter of 2021, to 121,231 vehicles, its owner Groupe Renault said in its quarterly earnings report Thursday.
CFA Analysts See Leu at 4.99 vs Euro in 12 Months
CFA Romania analysts see the Romanian leu averaging 4.95 units to the euro over the next 6 months and 4.99 over the 12 month-horizon, from its current level of over 4.92 units to the euro.
Restart Energy One Launches First Bond Issue on Bucharest Capital Market
Romanian independent electricity and natural gas supplier Restart Energy One on Wednesday launched its first corporate bond issue on the Bucharest Stock Exchange, under the ticker symbol REO...
Altex Opens EUR3M Store in Husi, Eastern Romania
Romania's leading electronics retailer Altex continues expansion and opens a new store in Husi, Vaslui county, eastern Romania, on Thursday, following an investment of EUR3 million.
UiPath IPO Raises $1.34B, Company Valued at Nearly $30B
UiPath, the most valuable company to emerge from the Romanian IT industry, has raised over $1.3 billion in an initial public offering ahead of its listing on the New York Stock Exchange on W...
NN Pensii Posts RON44.9M Profit in 2020, from RON40M Loss in 2019
NN Pensii, the largest private pension fund manager on the mandatory segment in Romania (Pillar II), reported a net profit of RON44.9 million in 2020, compared with a loss of nearly RON40 mi...
Around 95% of Outsourcing Companies Plan Hybrid Working Model after Pandemic
Around 95% of the companies in the outsourcing industry in Romania will implement a hybrid working system after the pandemic and 55% of industry employees will work 8-12 days a month from th...
Tech Mahindra Extends Office Space in Vox Technology Park Timisoara
IT giant Tech Mahindra, present in Romania since 2019, has extended its office space in Vox Technology Park Timisoara by an additional 1,500 square meters, reaching a total office area of 2,...
KMG Rompetrol Extends Lease for City Gate Offices in Bucharest
KMG Rompetrol, the management and support division of KMG International Group, has extended its lease until the end of 2026 for offices in the City Gate compound in northern Bucharest.
Developer WDP Invests EUR29M in Land in Bucharest and Transylvania
Belgian industrial developer WDP is investing EUR29 million acquiring land for new projects in the Bucharest area and the Transylvania region in Romania, it said in its first quarter earning...