Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
Romania Raises RON1.022B Selling Nov 2024 Bonds at 2.06% Average Yield
Romania's finance ministry on Monday raised 1.022 billion lei (EUR209.7 million) selling bonds maturing in November 2024 at an average yield of 2.06%, central bank data showed.
Romania Forex Reserves Grow to EUR37.454B in January
Romania's foreign exchange reserves grew to EUR37.454 billion at the end of January from EUR37.379 billion at the end of 2020, central bank data showed Monday.
Elefant.ro Posts 35% Turnover Growth in 2020, to RON235M, Plans IPO in 2021
Elefant.ro, one of the largest online stores on the local market, operated by Elefant Online, had a turnover of RON235 million (EUR48.2 million) in 2020, up 35% on the year.
Safetech Innovations Debuts on Bucharest Stock Exchange AeRO Market
Shares of Romanian cybersecurity company Safetech Innovations started trading on the AeRO market on The Bucharest Stock Exchange Friday under the ticker symbol SAFE.
Rompetrol Well Services Approves KMG International Dividend Policy
Shareholders of Rompetrol Well Services (PTR.RO) rejected a proposal by minority shareholder KJK Balkan on the distribution policy for the RON84.37 million profit raised in previous years an...
Romania Raised RON995M from General Population Bonds in January
Romania's government raised RON995 million selling bonds to the general population in January 2021, the biggest monthly amount investors subscribed since the start of the program.
Miele Romania Turnover Grows 34% in 2020, to EUR13M
German home appliances manufacturer Miele ended 2020 with 34% turnover growth in Romania, to over EUR13 million, as consumer behavior changed during the pandemic.
CITR: 2020 Insolvencies Were Fewer but Had Bigger Impact
Fiscal facilities and the closure of courts due to pandemic restrictions led to a 42% drop in high-impact companies that accessed insolvency, from 139 in 2019 to 80 in 2020), according to an...
Deloitte: Banking Sector Consolidation in CEE Expected to Increase
Romania was one of the busiest markets in Central and Eastern Europe in terms of banking sector mergers and acquisitions, with three transactions in 2020, according to the Deloitte CEE Banki...
Romania Could Attract Investments as Pandemic Decentralizes Logistics Spaces
The pandemic brought a new trend in logistics as companies start to prefer smaller, local spaces to large, regional hubs, particularly in the retail/FMCG sector, Vlad Mustata, Associate Indu...
Government Adopts Extension of 9-Month Loan Repayment Moratorium
Romania's government late Wednesday approved the norms extending a nine-month moratorium on bank loan repayments for debtors affected by the pandemic, after the previous moratorium expired a...
Wipro Leases 11,000 Sqm of Office Space in Globalworth Square
Globalworth, the biggest office owner in Romania, has signed a leasing contract for Globalworth Square with global software service company Wipro, which will occupy 11,000 square meters.