Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
CITR: 7,000 Romanian Companies Owe Over RON1M Each to State Budget
Over 7,000 Romanian companies owe more than RON1 million each to the state budget and are faced with a debt crisis on top of the pandemic crisis, according to a reports by CITR, the leading...
Romania Posts 0.3% Budget Gap in January
Romania's general consolidated budget posted a deficit of RON3.69 billion in January, or 0.33% of the gross domestic product, finance ministry data showed Wednesday.
Romanian Parliament Adopts 2021 State Budget
Romanian lawmakers on Tuesday approved the country's 2021 state budget in the form proposed by the government, meaning a cash deficit target of 7.16% of the gross domestic product and frozen...
Software Company Life is Hard Profit Drops 21% in 2020, to RON1.1M
Romanian software developer Life is Hard (LIH.RO) reported a net profit of RON1.12 million for 2020, down 21.13% compared with 2019.
ING Survey: Eight in 10 Romanians Try to Save More during Pandemic
Around 83% of Romanians are trying to set aside more money to adapt to pandemic-driven uncertainties, compared with a European average of 66.5%, a recent global survey by ING found.
Romanian Antitrust Body Looks into Vista Bank's Acquisition of Crédit Agricole Romania
Romania's competition authority said Tuesday it was analyzing the acquisition of Crédit Agricole Bank Romania by Vista Bank Romania.
Romania Forex Reserves Drop to EUR35.139B in February
Romania's foreign exchange reserves fell to EUR35.139 billion at the end of February from EUR37.454 billion at the end of January, central bank data showed Monday.
Revolut Gets Banking License in Romania
Revolut, the financial app with over 15 million users worldwide, has been granted a banking license in Romania, which means customer deposits of up to EUR100,000 are now guaranteed under the...
Bucharest Properties REIT Completes Stage Two of Vitan Estates
US-held Bucharest Properties REIT, a real estate developer specializing in rental apartments in Bucharest, has completed the second stage of the Vitan Estates residential project, following...
Bittnet Operating Profit Grows 400% in 2020, to RON4.3M
Bittnet (BNET.RO), a group of IT companies listed on the Main Market of the Bucharest Stock Exchange, reported RON108.6 million consolidated revenues in 2020 and an operating profit of RON4....
Patria Bank Net Profit Halves in 2020, to RON2.8M
Patria Bank (PBK.RO), held by private equity fund Emerging Europe Accession Fund (EEAF), reported a net profit of RON2.8 million for 2020, down 48% compared with 2019.
Holde Agri Invest Posts RON5.3M Net Profit in 2020
Holde Agri Invest (HAI.RO), a Romanian company operating farmland, on Monday reported consolidated revenue of RON46.8 million and a net profit of RON5.3 million for 2020.