Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
Romanian Forex Market Ends 2020 with Average Daily Transactions of EUR1.47B
The foreign exchange market in Romania was animated in 2020 and registered an average daily transaction volume of EUR1.47 billion, 10.2% lower than in 2019, central bank data showed.
Nuclearelectrica Disconnects Cernavoda Unit 1 Friday Night
Romanian nuclear power plant operator Nuclearelectrica will shut down nuclear reactor 1 at the power plant in Cernavoda on Friday to Saturday night ( January 15-16, 2021) for repairs.
Romania Postpones Euro Adoption Calendar on Heightened Macroeconomic Imbalances
Romania will postpone yet again setting a calendar for euro adoption as the country doesn't meet convergence criteria and faces heightened macroeconomic imbalances due to the pandemic, the f...
Romania Average Net Salary Grows 2% on Month in November
The average net salary in Romania grew 2% in nominal terms and 1.9% in real terms in November 2020 compared with October 2020, to 3,411 lei (around EUR700), data from the country's statistic...
Pillar II Pension Funds Reach RON75B in Net Assets in 2020
The assets managed by the seven private pension funds operating on Romania's mandatory segment (Pillar II) reached RON75.14 billion at the end of 2020, with RON13 billion amassed in 2020 alo...
eMAG Expands Premium Delivery Service to Seven Cities
Romania's biggest online retailer eMAG is expanding its Genius delivery service to Craiova, Ploiesti, Galati, Braila, Sibiu, Pitesti and Buzau, the retailer said Tuesday.
December 2020 Marks 4th Month of Growth for New Car Registrations in Romania
December was the fourth consecutive month of growth in new vehicle registrations in Romania, although the market registered an overall contraction of 22.6% for the full year, data from the c...
DRUID Attracts $2.5M Financing in Round Led by GapMinder
DRUID, a local startup specialized in developing chatbots, has attracted new financing totaling $2.5 million in a financing round led by investment fund GapMinder with $2.2 million.
JLL: Office Market in Romania Drops 36% in 2020
The office market in Romania contracted 36% in 2002 from a record level of 470,000 square meters registered in 2019, to just 300,000 sqm, real estate consultancy company JLL Romania said in...
Profi Targets Over 2,000 Stores in Romania by 2024
Retailer Profi, held by Mid Europa Partners, plans accelerated development in the next years, targeting over 2,000 stores by 2024.
Romania Produces RON50M Worth of Escargots
Four companies in Romania produce RON50 million worth of escargot, with 270 employees.
ROCA X Invests EUR150,000 in Local Startup Benefito Mobile
Investment vehicle ROCA X has signed a deal investing EUR150,000 in local virtual mobile operator Benefito Mobile, which plans to launch a prepaid card for mobile telecom services which user...