Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
Portico Investments Sells Six Buildings to Praktiker Real Estate and Lidl for EUR8.5M
Developer Portico Investments Romania, advised by Colliers, has completed the sale of six retail buildings to Praktiker Real Estate and Lidl Romania, in two transactions amounting to EUR8.5...
Romania M&A Market: 1Q Deals Drop in Numbers but Grow in Value
The mergers and acquisitions market in Romania decreased 26% on the year in volume in the first quarter of 2021, with just 42 transactions announced compared with 53 transactions in the same...
BRK Financial Group Posts RON10.7M Profit in 1Q vs. RON4.7M Loss
BRK Financial Group (BRK.RO), the only brokerage company listed on the Bucharest Stock Exchange, reported a consolidated net profit of RON10.7 million for the first quarter of 2021, compared...
Pillar II Pension Fund Assets Top RON80B in March
The seven private pension funds operating on the mandatory segment in Romania (Pillar II) had assets of RON80.2 billion at the end of March, RON5 billion higher compared with the beginning o...
Standard & Poor's Revises Romania's Outlook to Stable from Negative
Standard & Poor's Global Ratings has revised the outlook on Romania's sovereign rating to stable from negative due to decreasing fiscal risks, while maintaining the rating at BBB-/A-3.
CFR Marfa Set to Lay Off 1,400 People in 2021
Romania's state-owned railway fright company CFR Marfa plans to cut staff numbers by 1,400 this year from over 5,300 at the end of 2019.
Chimcomplex Admits Four Investors for Capital Hike
Chemical producer Chimcomplex Borzesti (CHOB.RO), which owns the Oltchim and Borzesti platforms, has admitted for its share capital increase four investors who were able to provide issuance...
Dr. Leahu Opens New Clinic in Ploiesti This Week
Implant Expert DSO, which operates dental clinic chain Dr. Leahu, will be opening a new clinic on April 17 in Ploiesti, following an investment of EUR500,000.
Ascendis Buys into .lumen, a Start-Up Developing Glasses for the Blind
Ascendis, the leader of the local training and organizational development consultancy market, said Thursday it has invested in .lumen, a local start-up that designs, develops and produces sy...
David Durand Returns As Dacia Head of Design
David Durand is the new interim head of design at Dacia, replacing Alejandro Mesonero who is leaving Groupe Renault less than a year since his arrival in July 2020.
Government Approves RON664M Grant to CE Oltenia
Romania's government has approved a restructuring grant of RON664 million to energy holding CE Oltenia, a state-owned coal-based electricity producer.
Romanian Central Bank Sees No Further Rate Cuts
Romania's central bank governor Mugur Isarescu said the central bank would not be reducing the monetary policy rate further and was ready to ensure the flexibility of its inflation target co...