Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
Norofert Group Invests RON9.5M in 1,000-Ha Farm in Southern Romania
Organic fertilizer producer Norofert Group (NRF.RO), plans to acquire a 1,000-hectare farm in Zimnicea, Teleorman county, for RON9.5 million, the company said Monday.
Bittnet Shares Included in FTSE Global Micro Cap and FTSE Total-Cap in March
Shares of Bittnet Systems (BNET.RO), a local integrator of IT&C solutions, will be included in the FTSE Global Micro Cap and FTSE Total-Cap indices as of March 22, following the latest semi-...
Romanian Airline Tarom Plans to Save EUR8M with Staff Cuts
Romanian state-owned airline Tarom estimates it will reduce its staff spending by an average of EUR8 million a year n the next six months, as it plans to slash 700 jobs out of 1,500 by the e...
Laurentis Energy Partners Signs EUR3M Deal with Romanian Nuclearelectrica for Unit 1 Refurbishment
Canada's Laurentis Energy Partners was awarded a EUR3.156 million contract award, through its subsidiary Canadian Nuclear Partners, to support refurbishment at Romania’s nuclear station in C...
Romania Could Adopt Euro in 2027-2028, PM Says
Romania hopes to join the euro area waiting room in 2024-2025 and adopt the single European currency 2027–2028, prime minister Florin Citu said in a televised interview Thursday evening.
iFactor Gets Funding from ROCA X, Targets Four New Markets in Two Years
iFactor, an online platform helping SMEs sell their individual outstanding invoices for immediate cash, will receive a round of financing from investment vehicle ROCA X and becomes the first...
Romania Raises RON430M Selling Oct 2034 Bonds at 3.75% Average Yield
Romania's finance ministry on Thursday raised 430 million lei (EUR88.2 million) selling bonds maturing in October 2034 at an average yield of 3.75%, central bank data showed.
Josephine Payne Takes Over as Ford Romania President on April 1
Josephine Payne will take over as president of Ford Romania and general manager of the Ford Craiova plant starting April 1 and will be the first woman to run the factory's operations in Roma...
CBRE Recruits Mihai Patrulescu from Colliers to Lead Investment Properties Department
Real estate consultancy company CBRE has recruited Mihai Patrulescu to lead the Investment Properties department of CBRE Romania, working closely with teams in Central and Eastern Europe.
C&W Echinox: Pandemic Pushes Logistical Demand and Development to New Records
The Romanian logistics and industrial market has accelerated its expansion in 2020 both in terms of demand, which neared the 1 million square meters mark, and deliveries of new spaces, which...
Damen Shipyards Mangalia Gets RON60M CEC Bank Loan to Fund Current Operations
Romanian state-owned lender CEC Bank has granted a RON60 million loan to Damen Shipyards Mangalia, one of the largest shipbuilders in Europe, operated by Dutch Damen Shipyards Group, to fund...
Orange Romania Turnover Drops 3% in 2020, to EUR1.07B
Telecom operator Orange Romania on Thursday reported a turnover of EUR1.076 billion for 2020, down 3% compared with 2019, while customer numbers grew 1%, to 10.72 million.