Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
Romania Insurance Market Grows 4.6% in 2020, to RON11.5B
Insurance companies operating on the Romanian market reported total underwritings of RON11.5 billion in 2020, up 4.6% compared with 2019, the country's financial regulator said in a report T...
Analysts See Romanian Inflation Growing to 3.29% in 12 Months
Nearly 70% of analysts polled by CFA Romania expect Romania's inflation rate to grow to an average of 3.29% over the next 12 months, and over 87% estimate the leu will depreciate against the...
Alpha Real Estate Services Sells Three Hotels in Bucharest to Zeus International
Alpha Real Estate Services (ARES), the real estate arm of Greek Alpha Bank Group, has sold three iconic hotels in the heart of Bucharest to Zeus International Group, one of Europe’s fastest...
Kingfisher Sales in Romania Grow 11.8% in 2020
Sales of retailer Kingfisher in Romania, where it owns do-it-yourself (DIY) Brico Dépôt stores, grew 11.8% on the year in Romania in 2020, to GBP242 million, on increased demand.
Impact Gets Regulator Approval to List EUR6.85M Corporate Bond Issue
Romanian real estate developer Impact Developer & Contractor (IMP.RO) said Wednesday it has received regulatory approval in view of listing euro-denominated corporate bonds totaling up to EU...
One United Secures Building Permit for One Verdi Park Residential Project
Romanian developer One United Properties has secured a building permit for its One Verdi Park residential project in northern Bucharest.
Dacia Halts Production for 7 Days in April on Chip Shortage
Romanian carmaker Dacia, owned by France's Renault Group, said Wednesday it would stop production for seven days in April due to the ongoing global chip shortage.
Romgaz Seeks to Pay RON690M in Dividends
Romanian state-owned natural gas producer Romgaz (SNG.RO) plans to distribute dividends amounting to around RON690 million from its 2020 profit and retained earnings, subject to shareholder...
Alpha Bank Posts EUR21.3M Pre-Tax Profit in 2020
Greek-owned Alpha Bank Romania, one of the top ten lenders in Romania, reported a pre-tax profit of EUR21.3 million for 2020, operating revenue of EUR137.8 million, and a loan portfolio of E...
FUTURE Designs Factory and HQ Get World's First IMMUNE Building Standard Certification
FUTURE Designs, a UK based designer and manufacturer of high-quality luminaries and bespoke lighting solutions, has obtained the first IMMUNE Building Standard™ certification in the world fo...
Bittnet Seeks to Raise Share capital by RON17M
Bittnet (BNET.RO), a group of IT companies, listed on the Main Market of the Bucharest Stock Exchange, seeks to raise its share capital by nearly RON17 million and distribute free shares.
Immofinanz Buys Bucharest Financial Plaza Building from BCR for EUR36M
Erste's Banca Comerciala Romana (BCR) has completed the property transfer of Bucharest Financial Plaza, its former headquarters on Calea Victoriei in downtown Bucharest, to Austria's Immofin...