Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
IIB Net Profit Grows 28% in 2020, to EUR7.3M
International Investment Bank (IIB), founded in 1970 in Budapest and 6.8% owned by Romania, reported a net profit of EUR7.3 million in 2020, up 28% from EUR5.6 million in 2019, the bank said...
Impact Signs Two Loan Agreements with First Bank to Fund Construction, VAT Costs
Romanian real estate developer Impact (IMP.RO) said Monday it has signed two mortgage loan agreements with lender First Bank, consisting of EUR5.92 million for properties and RON4.5 million...
EC Opens In-Depth Investigation on CE Oltenia State Aid Measures
The European Commission said Friday it has opened an in-depth investigation to assess whether Romanian support measures in favor of energy holding CE Oltenia are in line with EU rules on sta...
Romania Launches Three New Population Bond Issues on Feb 8
Romania's finance ministry launches three new bond issues for the general population Monday, February 8, which can be subscribed by February 24.
Romania Plans 5G License Tender for 3Q/2021
Romania's telecom regulator ANCOM plans to hold a 5G license tender in the third quarter of 2021, after postponing it repeatedly since 2019.
Real Estate Developer Impact Appoints Constantin Sebesanu as Development Director
Real estate developer Impact (IMP.RO), owned by businessman Gheorghe Iaciu, said Thursday it has appointed Constantin (Tinu) Sebesanu to the position of development director.
C&W Echinox: Retail Space Deliveries Seen Down 50% in 2021
Deliveries of modern retail space this year will amount to about 60,000 square meters, a decrease of about 50% compared with 2020, real estate consultancy company Cushman & Wakefield Echinox...
Romania Raises RON716.5M Selling One-Year Bills at 1.67% Average Yield
Romania's finance ministry on Thursday raised 716.5 million lei (EUR147 million), versus its RON600 million target, selling one-year treasury bills at an average yield of 1.67%, central bank...
Romania Raises RON1.4B Selling Oct 2027 Bonds at 2.39% Average Yield
Romania's finance ministry on Thursday raised 1.415 billion lei (EUR290.3 million), versus its RON500 million target, selling bonds maturing in October 2027 at an average yield of 2.39%, cen...
ING Survey: Buying a Home Is Usually a Short and Sharp Experience
Romanians are the most determined and quickest Europeans when it comes to choosing a home to buy, with three out of five saying they found their home in three months at most, a survey conduc...
Agroland Opens First Store in 2021 in EUR0.5M Greenfield Investment
Agroland Business System, the most extensive farming store chain in Romania, has opened its first MEGA store this year, out of eight planned, in a EUR500,000 greenfield investment excluding...
ECB Extends EUR4.5B Repo Line to Romanian Central Bank until March 2022
The European Central Bank and the National Bank of Romania have agreed to extend until March 2022 a framework arrangement to provide liquidity in euros to the Romanian central bank via a rep...