Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
One United Properties Repays EUR20M Bonds before Maturity
Real estate developer One United Properties said Thursday it has repaid a four-year bond issue totaling EUR20 million ten months ahead of maturity.
Impact's Bergamot Developments Gets EUR5.7M Loan from Libra Bank
Bergamot Developments, owned by Impact Developer (IMP.RO), has contracted a EUR5.7 million loan from Libra Internet Bank to refinance its loans from parent-company.
E.ON's Delgaz Grid to Invest in Automating Electricity Distribution
Delgaz Grid, German utility group E.ON's natural gas and electricity distribution company in Romania, said Thursday it is prioritizing the automation of its electricity distribution infrastr...
Continental Invests EUR150M in Romanian Operations in 2020
German automotive group Continental invested over EUR150 million in its Romanian operations in 2020 and plans a similar investment budget for 2021.
Bega Group Opens New ibis Timisoara Hotel
Romanian Bega Group, owned by Marius and Emil Cristescu, opened the new ibis Timisoara City Center hotel at the beginning of March, following an investment of EUR10 million.
Romania's Annual Inflation Rate Climbs to 3.2% in February
Romania's annual inflation rate grew to 3.2% in February from 3% in January, still driven by higher electricity prices following the liberalization of the country's retail electricity market...
OMV Petrom Signs Production Sharing Contract for Block II Offshore Georgia
OMV Petrom, the largest energy company in South-Eastern Europe, said Wednesday it has signed a production sharing contract for the offshore Block II in the exclusive economic zone of Georgia...
Gramma Wines Invests EUR1M in Vineyard Tiny Guesthouses, Tasting Rooms
Gramma Wines, a Romanian winery based in Iasi, plans to invest over EUR1 million this year in eight tiny guesthouses in the vineyard and two new spaces for wine tasting and presentations.
Industrial Park for SMEs Reaches 100% Occupancy in 6 Months
Catted Business Park, an industrial park developed exclusively for SMEs by Catted Group in Chitila, near Bucharest, has been fully let in just six months since its construction.
Swiss Millionaire Buys Former Ramada Majestic Hotel in Downtown Bucharest
Visionapartments, a company owned by 44-year-ld Swiss millionaire Anja Graf, signed an agreement Wednesday to acquire the former Ramada Majestic hotel located on Calea Victoriei in downtown...
HAGAG Starts Work on EUR4M Office Conversion in Downtown Bucharest
Real estate developer HAGAG Development Europe, part of Hagag Group of Israel, said Wednesday it has started modernization works on an office building located in downtown Bucharest, an inves...
Agroland Net Profit Quadruples to RON10.3M in 2020
Agroland Group (AG.RO), the most extensive farming store chain in Romania held by businessman Horia Cardos, reported a net profit of RON10.3 million for 2020, four times higher compared with...