Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
iHunt Profit Grows Ten Times in 2020, to RON6M
Online retailer and manufacturer of mobile phones and gadgets iHunt Ploiesti (HUNT.RO) on Monday reported a net profit of RON6.15 million for 2020, nearly ten times higher compared with 2019...
2Performant Seeks to Raise RON5M Financing
Romanian technology company 2Performant Network (2P.RO), the leader of the Romanian affiliate marketing market, seeks to raise RON5 million from investors and/or by contracting credit facili...
Cubix Hotel in Brasov to Join Mercure Franchise
The Cubix hotel in Brasov, central Romania, will join the Mercure network under a franchise agreement with French group Accor.
Transelectrica Net Profit Grows 18% in 2020, to RON114M
Romanian state-owned power grid operator Transelectrica (TEL.RO) on Monday reported a net profit of RON114 million for 2020, up 18% on the year.
Financial Regulator Registers MedLife Share Capital Increase
Romania's financial supervisory authority has registered the securities related to the share capital increase of MedLife (M.RO), the leader of the private medical services market in Romania,...
Romanian Pharmaceutical Market Grows 1.3% in 2020, to RON18B
The pharmaceutical market in Romania grew 1.3% in 2020, to RON18 billion (EUR3.7 billion), while medication sales in volume stood 625 million packs, the same as in 2019, Cegedim research sho...
Cora Launches Convenience Store Format in Romania
Retailer cora Romania, part of French-Belgian group Louis Delhaize, is launching its cora Urban convenience store format, tapping a retail segment that has seen increased activity amid pande...
Allianz Pension Funds Reach 5.01% Holding in Transgaz
Romania's natural gas transmission company Transgaz (TGN.RO) said in a market report Friday that Allianz SE, parent company of Allianz-Tiriac Pensii Private, has exceeded the 5% holding thre...
Oil Terminal Profit Grows 48% in 2020, to RON3.55M
Romanian oil storage and shipment firm Oil Terminal Constanta (OIL.RO) on Friday reported a net profit of RON3.55 million for 2020, up 47.8% compared with 2019.
Romania Seeks to Cap Public Debt at 55% of GDP in 2021
Romania's government has set a cap on the country's public debt at 55% of gross domestic product for 2021 under EU methodology.
iHunt Lists RON7M Bond Issue on Bucharest Stock Exchange
Online retailer and manufacturer of mobile phones and gadgets iHUNT (HUNT.RO) on Friday listed its first corporate bond issue on the Bucharest Stock Exchange under the ticker symbol HUNT23.
Romania Freezes Public Sector Wages to Cut Budget Deficit to 7% in 2021
Romania's 2021 state budget bill targets a budget gap of around RON80 billion, around 7% of the country's gross domestic product, down from a deficit of 9.8% in 2020, based on a GDP growth p...