Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
Foreign Investors Council Appoints New Executive Board
The Foreign Investors Council (FIC), which includes over 120 multinational companies, has decided on a new executive team, led by Cristian Secosan, CEO of Siemens Romania and Moldova, as FIC...
Apulum Alba Iulia Posts 42% Profit Growth in 2020 Despite Lower Sales
Porcelain products manufacturer and IKEA supplier Apulum Alba Iulia had a turnover of RON148.6 million in 2020, 12% lower than in 2019, finance ministry data showed.
PwC: 54% of Consumers More Focused on Saving, Preference for Online Shopping Grows
More than half of global consumers (54%) have become more focused on saving and more price-oriented (56%) in the last nine months, according to PwC’s Global Consumer Insights Pulse Survey co...
Romania Raises RON852.6M Selling One-Year Bills at 1.97% Average Yield
Romania's finance ministry on Thursday raised RON852.6 million lei (EUR173 million) selling one-year treasury bills at an average yield of 1.97% and a cut-off of 2%, central bank data showed...
Romania Raises RON254.9M Selling Oct 2027 Bonds at 2.95% Average Yield
Romania's finance ministry on Thursday raised 254.9 million lei (EUR51.7 million) selling bonds maturing in October 2027 at an average yield of 2.95%, central bank data showed.
Pandemic Made Romanians More Interested in Insurance Products
Romanians have become more interested in the protection offered by insurance in the wake of the COVID-19 pandemic and four in ten Romanians said they were more interested in health insurance...
Parliament Ratifies $8B Nuclear Power Romania-US Agreement
Romania's parliament has ratified an $8 billion agreement between the governments of Romania and the United States for the refurbishment of one nuclear reactor and the building of two new re...
Footwear Manufacturer ProAlex Temporarily Shuts Down Production, Bucharest Store
Romanian footwear manufacture and retailer ProAlex said Thursday it was temporarily shutting down production and closing its store in Bucharest at the end of June due to lack of staff.
BCR Grants EUR12.7M Green Financing Package to TeraPlast Group
TeraPlast Group, Romania's largest local construction materials producer, owned by businessman Dorel Goia, has signed an agreement with lender BCR for a green financing package of EUR12.7 mi...
Around 1% of Evergent Changes Hands in RON13.7M Deal
Around 1% of the share capital of investment fund Evergent Investments (EVER.RO) changed hands in a Ron13.7 million deal on the Bucharest Stock Exchange Wednesday.
SII Romania Turnover Grows 16% in 2020, to RON57M
IT solutions and services company SII Romania had a turnover of RON57 million in 2020, up 16% on the year, and expects growth of around 20% in 2021.
Uber Makes RON1.2M Profit in Romania in 2020
Ride-sharing company Uber B. V. SRL, owned by US giant, ended 2020 with a turnover of nearly RON14 million, up 9.4% on the year, according to data from Confidas.ro.