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Oana Gavrila

Fields
Banks-Insurance, Companies, Social/Politics
Writing for ZF since
2011
Articles
8.731
Mall and Retail Park Developers Eye Counties Lacking Modern Retail Projects
Real Estate

Mall and Retail Park Developers Eye Counties Lacking Modern Retail Projects

Retail developers have set out to conquer the last “strongholds”, counties that lacked modern retail project, and last year delivered the first modern retail projects in four new counties –...

Oana Gavrila · 02.04.2021 · 15:39 · 2 min
Agroserv Mariuta To Raise Share Capital via Private Placement
Capital Market

Agroserv Mariuta To Raise Share Capital via Private Placement

Agroserv Mariuta, the dairy processor of Laptaria cu caimac, received shareholder approval mid-March to raise its share capital by RON43,100 by issuing 431,020 new shares to be sold via priv...

Oana Gavrila · 01.04.2021 · 19:47 · 1 min
New Vehicle Registrations in Romania Grow 19.3% in March
Automotive

New Vehicle Registrations in Romania Grow 19.3% in March

New vehicle registrations in Romania grew 19.3% in March compared with March 2020, to 9,636 units, after an annual decline of 18.8% in February and 46.6% in January, data from the the Automo...

Oana Gavrila · 01.04.2021 · 17:00 · 1 min
Firebyte Games Goes Public on April 6
Companies

Firebyte Games Goes Public on April 6

Mobile game developer Firebyte Games, a subsidiary of BRK Financial Group, will go public on the AeRO market of the Bucharest Stock Exchange on April 6 under the ticker symbol FRB after a su...

Oana Gavrila · 01.04.2021 · 16:11 · 1 min
Romania Raises RON500M Selling Nov 2024 Bonds at 2.4% Average Yield
Banks-Insurance

Romania Raises RON500M Selling Nov 2024 Bonds at 2.4% Average Yield

Romania's finance ministry on Thursday raised 500 million lei (EUR101.8 million), as planned, selling bonds maturing in November 2024 at an average yield of 2.4%, central bank data showed.

Oana Gavrila · 01.04.2021 · 15:53 · 1 min
OTP Bank Raises Share Capital By RON250M
Banks-Insurance

OTP Bank Raises Share Capital By RON250M

OTP Bank Romania, the local subsidiary of the largest banking group in Hungary, has increased its share capital by RON250 million, to over RON2 billion, part of the bank's organic developmen...

Oana Gavrila · 01.04.2021 · 15:35 · 1 min
Around 1.7% of Evergent Investments Sells for RON14M
Capital Market

Around 1.7% of Evergent Investments Sells for RON14M

A 1.7% stake in investment fund Evergent Investments was traded Thursday on the Bucharest Stock Exchange for RON14.14 million.

Oana Gavrila · 01.04.2021 · 15:26 · 1 min
EY Romania: Renewables Can Accelerate Decarbonization of Romanian Energy Sector
Energy

EY Romania: Renewables Can Accelerate Decarbonization of Romanian Energy Sector

The potential of renewable energy on the local market can become the engine of the decarbonization of the Romanian energy sector as long as public initiatives synchronize with business inten...

Oana Gavrila · 01.04.2021 · 15:18 · 3 min
Romania Forex Reserves Grow to EUR35.709B in March
Macroeconomics

Romania Forex Reserves Grow to EUR35.709B in March

Romania's foreign exchange reserves grew to EUR35.709 billion at the end of March from EUR35.139 billion at the end of February, central bank data showed Thursday.

Oana Gavrila · 01.04.2021 · 13:43 · 1 min
Chimcomplex Reports RON95M Profit in 2020
Companies

Chimcomplex Reports RON95M Profit in 2020

Chemical producer Chimcomplex Borzesti (CHOB.RO), which owns the Oltchim and Borzesti platforms, on Thursday reported a net profit of RON95 million for 2020.

Oana Gavrila · 01.04.2021 · 12:43 · 1 min
Baneasa Shopping City Turnover Down 31%, Profit Halves in 2020
Retail&Consumer

Baneasa Shopping City Turnover Down 31%, Profit Halves in 2020

Baneasa Developments, which operates Baneasa Shopping City in northern Bucharest, reported a 31% drop in turnover and its profit halved in 2020, a tough year for retail as malls were closed...

Oana Gavrila · 31.03.2021 · 18:53 · 1 min
Romgaz Submits Binding Bid to Acquire Exxon's Stake in Neptun Deep Black Sea Project
Energy

Romgaz Submits Binding Bid to Acquire Exxon's Stake in Neptun Deep Black Sea Project

Romanian state-owned natural gas producer Romgaz has submitted a binding bid to acquire Exxon's 50% stake in the Neptun Deep gas exploration and drilling project in the Black Sea, the compan...

Oana Gavrila · 31.03.2021 · 18:39 · 1 min