Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
Antibiotice Iasi Seeks to Distribute RON2.2M as Dividends
Romanian state-owned Antibiotice Iasi (ATB.RO), the largest pharmaceutical producer in Romania, plans to distribute RON2.2 million as dividends from its 2020 profit of RON26 million profit.
Cluj Metropolitan Train Line Gets Urban Planning Certificate
The Cluj county council has issued an urban planning certificate in view of area planning and feasibility studies for the city's future metropolitan train line.
VIG's Omniasig Posts 5% Growth in Underwritings in 2020, to RON1.5B
Omniasig, the biggest local insurance company owned by Austria's Insurer Vienna Insurance Group (VIG), reported gross underwritings of RON1.5 billion in 2020, up 5% compared with 2019.
Romania To Get EUR809M EIB Support for COVID-19 Resilience, Education, Energy, Private Investment
Higher education, water distribution, energy efficiency and private sector investment across Romania will benefit from more than EUR809 million of new financing from the European Investment...
Liquidator Seeks to Sell Chemical Fertilizer Plant Chemgas Slobozia
Insolvent chemical fertilizer plant Chemgas Slobozia, part of Interagro group, has been put up for sale by judicial liquidator at a starting price of RON124 million.
Vivre Deco Plans EUR7M Corporate Bond Issue
Online furniture and home decor retailer Vivre Deco said Thursday it plans to issue corporate bonds of maximum EUR7 million to fund its further development.
Romania Rejects All Bids for Oct 2030 Bonds on Low Demand
Romania's finance ministry on Thursday rejected all bids at a tender for bonds maturing in October 2030, where it planned to raise 400 million lei (EUR81.8 million), as interest for the issu...
Electrica Seeks to Borrow over RON1.7B to Fund Investments, Acquisitions
Romanian state-owned energy utility group Electrica (EL.RO) will seek shareholder approval on April 28 for loans totaling over RON1.7 billion from the EIB, Raiffeisen Bank and Erste to fund...
Agroland Agribusiness Takes Steps Towards IPO, Corporate Bond Issue
Agroland Agribusiness, part of Horia Cardos' Agroland Group, will change its status from a limited liability company to a joint-stock company, group shareholders decided Thursday.
Private Pension Assets in Romania Grow 21% in 2020
The assets managed by private pension funds (Pillar II and Pillar III) reached RON78.07 billion at the end of 2020, 21% higher compared with the end of 2019, financial regulator data showed...
OMV Petrom Seeks to Pay 136% of 2020 Profit as Dividends
OMV Petrom (SNP.RO), the biggest energy company in South-Eastern Europe and the biggest issuer on the Bucharest capital market by value, has summoned shareholders on April 27 to approve the...
Romania Raises EUR230M Selling Aug 2026 Bonds at 0.66% Average Yield
Romania's finance ministry on Wednesday raised EUR230 million, above its EUR200 million target, selling bonds maturing in August 2026 on the local market, central bank data showed.