Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
Braiconf Braila Seeks to Relocate Factory, Sell Land to Kaufland
Romanian apparel manufacturer Braiconf Braila (BRCR.RO) plans to relocate its factory in Braila and sell the factory's 10,000-square-meter land to retailer Kaufland for over EUR7 million.
Electrica Net Profit Grows 87.5% in 2020, to RON388M
Romanian state-owned energy utility group Electrica (EL.RO) on Friday reported a consolidated net profit of RON388 million for 2020, 87.5% higher compared with 2019.
Romanian Parliament Rejects Bill Seeking to Cap Interest Rates on Retail Loans
Romanian lawmakers have rejected a bill that sought to cap interest rates on mortgage and consumer loans to at most 50% above the central bank benchmark rate.
Romania Raises RON461M Selling June 2023 Bonds at 2.24% Average Yield
Romania's finance ministry on Thursday raised 461 million lei (EUR94.5 million), above its RON400 million target, selling bonds maturing in June 2023 at an average yield of 2.24% a year, cen...
Poland's Citronex to Grow Tomatoes in Targu Jiu, Romania
Poland's Citronex group will build greenhouses to grow tomatoes in Targu Jiu, southwestern Romania, on a surface of 50 hectares, local authorities said.
Nordis Group Invests EUR31M in Five-Star Hotel and Luxury Apartments in Brasov
Nordis Group, a local real estate developer specialized on luxury properties, announced it is investing EUR31 million in a mixed-use project totaling 14,000 square meters in Brasov, central...
Prima Development Completes EUR8.5M Boutique Residential Project in Bucharest
Prima Development Group, a real estate developer based in Oradea, announced Thursday it has completed Boemia Apartments in Bucharest, a boutique-style residential project, following an inves...
Evergent Investments Seeks to Buy Back 8.3 Million Shares for RON13M
Romanian regional investment fund Evergent Investments (formerly SIF Moldova) seeks to buy back approximately 8.3 million of its own shares at a price of RON1.6 per share, it said in a marke...
Industrial Developer CTP Plans IPO on Amsterdam Stock Market
Industrial park developer CTP, a top five European logistics property company and the largest logistics property owner-developer in Central and Eastern Europe, announced Thursday it is plann...
US Reduces Anti-Dumping Tariff on Alro's Aluminum to 37.2% from 84%
The United States Department of Commerce has lowered an anti-dumping tariff on aluminum sheets made by Romania's Alro SA (ALR.RO) from nearly 84% to 37.26%, the company said in a statement T...
Constitutional Court Ruling Clears Way for EUR3B Development at Romexpo
Romania's Constitutional Court has upheld the transfer of a 46-hectare land in the Romexpo area in northern Bucharest from state property to the country's Chamber of Commerce, clearing the w...
Romcab Seeks to Return to Trading with RON151M Debt after Reorganization
Romanian insolvent fiber optic cable producer Romcab Targu Mures (MCAB.RO), suspended from trading since February 2017, has had its reorganization plan approved by a syndic judge and seeks t...