Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
Nuclearelectrica Deposits RON151M with CEC Bank at 1.75% Interest
Romania's nuclear power producer Nuclearelectrica (SNN.RO) said Tuesday in a market report it has deposited RON151 million with CEC Bank for one year at a negotiated interest of 1.75% a year...
SanoPass Attracts EUR800,000 in Financing Round Led by Cleverage Venture Capital
SanoPass, a Romanian start-up that aggregates independent medical service providers to sell preventive medical care packages to companies as employee benefits, has attracted bridge financing...
Biofarm Targets 15% Growth in Turnover in 2021, to RON250M
Romanian pharmaceutical company Biofarm Bucuresti (BIO.RO) estimates its turnover will grow 15% in 2021 compared with 2020, to over RON250 million.
Romania Private Lending Grows 0.7% on Month in February
Private lending in Romania grew 0.7% in nominal terms and 0.3% in real terms in February compared with January, to RON285.543 billion, central bank data showed Tuesday.
Romania Raises RON400M Selling Nov 2024 Bonds at 2.4% Average Yield
Romania's finance ministry on Monday raised 400 million lei (EUR81.8 million), as planned, selling treasury bonds maturing in November 2024 at an average yield of 2.4%, central bank data sho...
NEPI Calls for Public Sale of Romexpo Land
South-African investment fund NEPI Rockcastle, the biggest real estate developer in Romania with projects of over EUR2 billion, on Monday urged authorities to rethink the free transfer of a...
Iulius Group Starts Work on EUR7M Retail Project Near Iasi
Real estate developer Iulius Group has started work on the first Family Market retail project, a EUR7 million investment in Miroslava, Iasi county.
Telekom Romania: 97% of Romanians Use Smartphones
Around 97% of Romanians use smartphones and over 40% have been using their current phone for at least two years, telecom operator Telekom Romania said Monday, citing the Hootsuite Digital 20...
Flanco Sales Drop 11% in 2020, Profit Drops 44% to RON22.3M
Electronics retailer Flanco said Monday it registered sales of RON1.08 billion in 2020, down 10.8% on the year as over 70 of its 156 stores were closed during lockdown, but turned a profit o...
Norofert Seeks to Raise Share Capital by RON3.4M
Organic fertilizer producer Norofert (NRF.RO) seeks to raise its share capital by a maximum of RON3.4 million by issuing and distributing free shares from its 2020 profit.
Investors Bought RON1.4B of Govt Bonds in March Program
Individual investors bought RON1.4 billion million worth of Fidelis government bonds for the general population in the three-week subscription period ended Friday, March 19.
ING Bank Romania Posts 3% Growth in Revenue in 2020, Gross Profit Down 37%
Lender ING Bank Romania on Monday said its revenues grew 3% in 2020, to RON2.1 billion, but it pre-tax profit dropped 37% on the year, to RON574 million.