Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
Net Investment in Romania Grows Marginally in 2020
Net investments in the Romanian economy grew a mere 0.1% in 2020 compared with 2019, to RON106.195 billion, preliminary data from the country's statistics board showed Wednesday.
Romania Unemployment Rate Grows to 5.6% in January
Romania's seasonally adjusted unemployment rate grew to 5.6% in January from 5.2% in December, data from the country's statistics board showed Wednesday.
Insurer Asirom Introduces AI in Damage Assessments for Car Insurance Policies
Asirom, the second largest local insurer in the portfolio of Vienna Insurance Group (VIG), has introduced artificial intelligence in the damage assessment system n the underwriting process f...
BRK Starts Acting as Market Maker for OMV Petrom Shares
BRK Financial Group (BRK.RO), the only brokerage company listed on the Bucharest Stock Exchange, on March 9 started acting as Market Maker for shares of OMV Petrom (SNP.RO), the largest ener...
Developer Alesonor Gets Urban Planning Permit for EUR110M Residential Project
Alesonor, a real estate development firm held by Greek entrepreneurs, which erected luxury residential project Amber Gardens has obtained the urban planing permit for a EUR110 million reside...
C&W Echinox: Demand for Real Estate Valuation Services Unchanged by Pandemic
Demand for real estate valuation and consulting services remained constant during the pandemic, as investors sought to identify changes and new market trends and recalibrate their choices am...
EY Romania: Governments Must Digitize Public Services with Adequate Cybersecurity
The digitization of public services is an indisputable necessity, as it solves citizens' problems quickly and efficiently, especially in the current context of the pandemic, in which social...
BRD Grants EUR20M Loan to Ana Hotels for Athenee Palace Renovation
Romanian lender BRD Groupe Société Générale has granted a EUR20 million loan to Ana Hotels group for the renovation of the Athenee Palace Hilton hotel in Bucharest, a historical building in...
Gecad Ventures Marks New Exit as IVC Evidensia Acquires PawSquad
Veterinary services provider PawSquad, founded in 2015 by serial entrepreneurs Diwaker Singh and Radu Georgescu, has been acquired by IVC Evidensia, Europe’s leading veterinary care provider...
TeraPlast Proposes RON226.6M Special Dividends at 24% Yield/Share
Romanian construction materials manufacturer TeraPlast Group (TRP.RO) plans to distribute special dividends totaling RON226.6 million, plus free shares from the profit it registers at the en...
Amazon To Open Three New Offices in Romania
Amazon, the world’s largest online retailer, plans to open a new office in Timisoara and two more in Iasi by the end of the year, creating 500 more jobs.
VIG Posts EUR14.2M Pre-Tax Profit in Romania in 2020 vs. EUR101M Loss in 2019
Insurer Vienna Insurance Group (VIG), which operates in Romania via Omniasig, Asirom and BCR Asigurari de Viata, reported a gross profit of EUR14.2 million for local operations in 2020, from...