Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
Romania Registers 48,736 Real Estate Deals in January
The number of real estate deals in Romania stood at 48,736 in January, 28,619 fewer than in December 2020, data from the national cadaster agency ANCPI showed Wednesday.
Gran Via Buys Land in Bucharest for Residential Project
Spanish real estate developer Gran Via Real Estate has bought a land plot near the Plumbuita Park in Bucharest, where it plans to build a residential project consisting of 90 apartments.
Vodafone Revenue Declines 2.1% in 4Q/2020, to EUR193M
Telecom operator Vodafone Romania on Wednesday reported total services revenue of EUR193 million for the fourth quarter of 2020, down 2.1% compared with the same period the year before.
Alum Tulcea Invests $3.67M in Energy Efficient Filtration
Romanian alumina producer Alum Tulcea (BBGA.RO), owned by Alro Slatina, has completed an investment of $3.67 million that modernizes and increases the performance and filtration capacity of...
McKinsey&Company: Romanian Banks May Post RON58B Drop in Revenue after Risk Costs
Romanian banks may register an estimated drop in revenues of around RON58 billion by 2025, compared with revenues expected had the pandemic never happened, due to risk costs and decreased vo...
Conpet Ploiesti Plans to Distribute 85% of Profit as Dividends in 2020-2022
Romanian state-run oil transporter Conpet Ploiesti (COTE.RO) on Tuesday published its dividend policy in view of shareholders' approval on January 28 and seeks to distribute 85% of its net p...
Transporter IAH Acquires Vio Transgrup
Cargo transporter International Alexander Holding (IAH), founded in 2003 by Simion Apreutese and based in Arad, received antitrust clearance Tuesday to acquire Vio Transgrup based in Dambovi...
Premium Porc Seeks to Buy Five Farms in Arges County
Danish group Premium Porc, the second largest pork producer in Romania with ten local farms, seeks to buy five pig farms from Danbred, a group of firms with Romanian and Danish shareholders.
New Vehicle Registrations in Romania Down 46.8% in January
New vehicle registrations in Romania, including passenger cars and commercial vehicles, stood at 7,625 units in January, down 46.8% compared with January 2020, the Automotive Manufacturers a...
Hidroelectrica Shareholders Approve Acquisition of Crucea Wind Park
Shareholders of state-owned hydropower producer Hidroelectrica on Monday approved the company's acquisition of Crucea Wind Farm SA and STEAG Energie Romania SRL from German energy group STEA...
Azomures Gets EUR601,000 Grant for Energy Efficiency Program
Romanian chemical fertilizer producer Azomures, owned by Ameropa, has started an energy efficiency investment supported by a EUR601,000 grant from Iceland, Liechtenstein and Norway, through...
Serban Roman Leaves Enterprise Investors after 13 Years
Serban Roman, vice-president of Enterprise Investors and country director for Romania, is leaving the investment fund after 13 years.