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Oana Gavrila

Fields
Banks-Insurance, Companies, Social/Politics
Writing for ZF since
2011
Articles
8.731
Gazprom Reaches Five Gas Stations Out Of Planned 50 In Romania
Energy

Gazprom Reaches Five Gas Stations Out Of Planned 50 In Romania

Serbia-based oil group NIS now has five gas stations in Romania, after having opened its first in Vestem near Sibiu (center of the country) at the end of last year.

Oana Gavrila · 24.04.2013 · 00:00 · 2 min
Franklin Templeton’s Priority Is To Boost FP’s Value Not Invest In Romanian Economy, Manager Says
Capital Market

Franklin Templeton’s Priority Is To Boost FP’s Value Not Invest In Romanian Economy, Manager Says

Franklin Templeton, the administrator of Romanian investment fund Fondul Proprietatea, collected around 95 million lei in the two and a half years since it took over the mandate, over six ti...

Oana Gavrila · 24.04.2013 · 00:00 · 7 min
Who’s Taking Modern Retail To Rural Areas?
Retail&Consumer

Who’s Taking Modern Retail To Rural Areas?

The 12 competitors in modern retail have put more than 1,000 stores on Romania’s map, and some of them have lately tried to expand to rural areas, even though still close to big cities.

Oana Gavrila · 24.04.2013 · 00:00 · 4 min
President Signs Bill Setting Up Financial Supervisory Authority Into Law
Banks-Insurance

President Signs Bill Setting Up Financial Supervisory Authority Into Law

Romanian President Traian Basescu on Tuesday signed into law the bill setting up the Financial Supervisory Authority (ASF), the president’s office said in a statement.

Oana Gavrila · 23.04.2013 · 17:43 · 1 min
Romania Raises CFR Marfa Sale Advertising Budget By RON2.5M
Companies

Romania Raises CFR Marfa Sale Advertising Budget By RON2.5M

Romania’s government has raised the advertising budget for the sale of railway freight carrier CFR Marfa to RON2.55 million from a previous RON50,000, hoping to attract a large number of pro...

Oana Gavrila · 23.04.2013 · 17:07 · 1 min
Insurance Pool PAID Switches To Loss After 82% Drop In Underwritings Last Year
Banks-Insurance

Insurance Pool PAID Switches To Loss After 82% Drop In Underwritings Last Year

Romania’s Pool of Insurance against Natural Disasters (PAID), which issued mandatory home insurance policies, underwrote premiums of nearly RON6.5 million in 2012, down 82% on the year, and...

Oana Gavrila · 23.04.2013 · 16:42 · 1 min
Romanian Consumer Lending Companies Granted EUR512.4M Financing In 2012
Banks-Insurance

Romanian Consumer Lending Companies Granted EUR512.4M Financing In 2012

Non-banking financial institutions members of the ALB Romania association, which make up for 86% of the local consumer lending market, granted financing of EUR512.4 million last year, the as...

Oana Gavrila · 23.04.2013 · 15:46 · 1 min
Wages For Romania’s Financial Supervisory Authority Members To Follow Central Bank Standards
Social/Politics

Wages For Romania’s Financial Supervisory Authority Members To Follow Central Bank Standards

Wages of members in Romania’s Financial Supervisory Authority (ASF) will follow central bank standards, Prime Minister Victor Ponta said Tuesday.

Oana Gavrila · 23.04.2013 · 14:45 · 1 min
Managers Of State-Owned Energy Companies Earn Up To RON18,000 A Month
Social/Politics

Managers Of State-Owned Energy Companies Earn Up To RON18,000 A Month

Managers of companies in Romania’s energy industry make 4,693 lei (little over EUR1,000) and RON18,000 a month, according to a maximum net wage list released by the government Tuesday.

Oana Gavrila · 23.04.2013 · 13:55 · 1 min
Mega Image Opens Supermarket Wednesday In Mogosoaia
Retail&Consumer

Mega Image Opens Supermarket Wednesday In Mogosoaia

Retailer Mega Image, part of Belgian group Delhaize, will open Wednesday a supermarket in Mogosoaia, near capital Bucharest, reaching a countrywide network of 216 stores.

Oana Gavrila · 23.04.2013 · 13:17 · 1 min
More Than 3,400 Jobs In Bank Branches Slashed
Banks-Insurance

More Than 3,400 Jobs In Bank Branches Slashed

More than 3,400 employees working in bank branches in Romania left last year in the harshest restructuring phase since the onset of the crisis, while 320 branches closed. Six times fewer peo...

Oana Gavrila · 23.04.2013 · 00:00 · 1 min
Clash Continues But Green Energy Producers Get Subsidies Of Over EUR160M And Investments Go Ahead
Energy

Clash Continues But Green Energy Producers Get Subsidies Of Over EUR160M And Investments Go Ahead

Green power has been the hottest topic in the energy sector since the beginning of this year, with the prospect of changes to the support scheme pitching against one another investors, the a...

Oana Gavrila · 23.04.2013 · 00:00 · 3 min