Curs BNR — 13.11.2026 EUR 5,3498 USD 4,8428 GBP 6,4023

Translator RO-EN

Oana Gavrila

Fields
Banks-Insurance, Companies, Social/Politics
Writing for ZF since
2011
Articles
8.731
Erste Group Merges IT Operations into One of Region’s Largest IT Services Companies
Banks-Insurance

Erste Group Merges IT Operations into One of Region’s Largest IT Services Companies

Erste Group, the majority shareholder of Romanian lender BCR, said Thursday it was merging its IT companies to create Erste Digital, one of the largest IT services companies in Austria and t...

Oana Gavrila · 01.07.2021 · 12:30 · 1 min
Rompetrol Rafinare Seeks to Reduce Share Capital by Maximum RON3B
Energy

Rompetrol Rafinare Seeks to Reduce Share Capital by Maximum RON3B

Rompetrol Rafinare (RRC.RO), part of KMG International and 44.7% owned by the Romanian state, seeks to reduce its share capital by as much as RON3 billion from the current share capital of R...

Oana Gavrila · 01.07.2021 · 11:43 · 1 min
Novalpina Capital Buys Romanian Gambling Company MaxBet
Companies

Novalpina Capital Buys Romanian Gambling Company MaxBet

MaxBet Romania, the leading gambling operator on the Romanian market with annual sales of over EUR100 million, has been acquired by private equity firm Novalpina Capital.

Oana Gavrila · 01.07.2021 · 11:31 · 1 min
Romania's Car Production Grows 25%, to 191,658 Units in January-May
Automotive

Romania's Car Production Grows 25%, to 191,658 Units in January-May

Romania manufactured 191,658 vehicles in the first five months of 2021, up 25% on the year, data from the country's carmakers association ACAROM showed Thursday.

Oana Gavrila · 01.07.2021 · 11:09 · 1 min
Simtel Team Starts Trading on Bucharest Capital Market
Capital Market

Simtel Team Starts Trading on Bucharest Capital Market

Shares of Simtel Team (SMTL.RO), a Romanian engineering and technology company, started trading Thursday on the AeRO market of the Bucharest Stock Exchange.

Oana Gavrila · 01.07.2021 · 11:01 · 1 min
COS Targoviste Goes Bankrupt after 8 Years of Insolvency
Companies

COS Targoviste Goes Bankrupt after 8 Years of Insolvency

Special steel producer COS Targoviste (COS.RO) has entered bankruptcy after the local court overruled its reorganization plan proposed by creditor Alphard Financial.

Oana Gavrila · 01.07.2021 · 10:50 · 1 min
Romanian Unemployment Rate Inches Down to 5.5% in May
Macroeconomics

Romanian Unemployment Rate Inches Down to 5.5% in May

Romania's seasonally adjusted unemployment rate inched down to 5.5% in May from 5.7% in April, data from the country's statistics board showed Thursday.

Oana Gavrila · 01.07.2021 · 10:27 · 1 min
Romania's IT Industry Revenues Grow 2.5% in 2020, Profit Grows 20%, to RON4.8B
Technology &Telecoms

Romania's IT Industry Revenues Grow 2.5% in 2020, Profit Grows 20%, to RON4.8B

Revenues generated by companies in the local IT industry topped RON33 billion in 2020, up 2.5% compared with 2019, an analysis by Termene.ro showed.

Oana Gavrila · 30.06.2021 · 13:51 · 1 min
Alser Forest's EUR1.5M Bonds Start Trading on Bucharest Stock Market
Companies

Alser Forest's EUR1.5M Bonds Start Trading on Bucharest Stock Market

Alser Forest, a company operating in the forestry sector in Romania since 2008, listed its EUR1.5 million corporate bonds on the Bucharest Stock Exchange Wednesday under the ticker symbol AL...

Oana Gavrila · 30.06.2021 · 12:33 · 2 min
Six in Ten Romanians Would Move to Countryside in 1-2 Years, Good Internet Connection a Must
Technology &Telecoms

Six in Ten Romanians Would Move to Countryside in 1-2 Years, Good Internet Connection a Must

Six in ten Romanian urbanites say that the pandemic influenced or changed their opinion on living at the countryside and 62% could imagine moving to the countryside in the next one or two ye...

Oana Gavrila · 30.06.2021 · 12:02 · 1 min
Antoanela Comsa Takes Over as CEO of Gran Via Romania
Companies

Antoanela Comsa Takes Over as CEO of Gran Via Romania

Antoanela Comsa has been appointed CEO of Spanish real estate developer Gran Via Romania after 11 years at the helm as general manager.

Oana Gavrila · 30.06.2021 · 11:49 · 1 min
Yokogawa Extends Lease on Novo Park Offices in Northern Bucharest
Companies

Yokogawa Extends Lease on Novo Park Offices in Northern Bucharest

The local branch of Yokogawa, a Japanese multinational electrical engineering and software company, has signed a five-year extension on its lease for offices in Novo Park in northern Buchare...

Oana Gavrila · 30.06.2021 · 11:40 · 1 min