Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
Romgaz Boasts Record Net Profit Of EUR280M
The largest Romanian gas producer is once again also the most profitable state-run company, as Romgaz posted an all time high net profit of 1.24 billion lei (around EUR280 million) in 2012,...
European Commission Revises Up Romania’s Wheat Production Estimate By 10%
Romania’s 2013 wheat production has been revised up in April by the European Commission to 5.8 million tons, a rise of almost 10% on the latest estimate made at the end of March.
Chief Operating Officer Of UPC Romania Leaves Company
Iulia Florea, chief operating officer of UPC Romania – one of the largest players on the Romanian communications market, will leave the company shortly, before her term expires, sources from...
Indian Group Tata Buys U.S. Cambric, With EUR5M Business In Romania
Tata Technologies, a division of Indian group Tata Motors, has bought U.S.-based engineering firm Cambric Corp., which has three development centers in Romania with turnovers of EUR5 million...
EBRD To Arrange EUR200M Syndicated Loan For Romania’s Turceni Power Plant Modernization
The European Bank for Reconstruction and Development (EBRD) will contribute through a EUR200 syndicated loan scheme to the financing of a EUR266 million modernization and rehabilitation proj...
World Bank Approves EUR70M Project For Romania’s Tax Authority Modernization
The World Bank has approved a EUR70 million modernization project for Romania’s tax authority ANAF, the institution said in a statement.
Romanian President Pleads For New IMF Agreement To Speed Up Convergence Program
Romanian President Traian Basescu said the completion of Romania’s current agreement with the International Monetary Fund, EU, and World Bank is crucial for the country’s credibility and a n...
Marfin Bank Romania Takes Over Deposits, Assets Of Bank Of Cyprus Romanian Unit
Marfin Bank Romania has taken over deposits of EUR77 million and gross assets of EUR82 million from the Romanian unit of Bank of Cyprus, the two lenders announced Friday.
Romania To Set Up New Company For Rosia Montana, Expects Billion Of Dollars In Revenue
Romania’s government will set up a new company to deal exclusively with the Rosia Montana gold mining project, which it expects will bring several billion dollars to the state budget, could...
Romanian President Challenges MPs Statute At Constitutional Court
Romanian President Traian Basescu on Friday notified the Constitutional Court on the recently adopted statute of lawmakers, raising claims that the act might be unconstitutional.
Government Might Seek Confidence Vote For Regionalization Bill In November
Romania’s government might seek a confidence vote in Parliament in November to pass a bill reorganizing the country into regions instead of counties, deputy prime minister Liviu Dragnea said...
Spring-Summer Stock Exchange Corrections Erase Up To 25% Of Investors’ Gains
The performance of the Bucharest stock exchange has been very similar in the past three years, with the bourse seeing a major surge at the beginning of the year, and corrections taking over...