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Oana Gavrila

Fields
Banks-Insurance, Companies, Social/Politics
Writing for ZF since
2011
Articles
8.731
Ponta Says Oltchim And CFR Marfa Will Have To Cut Staff
Social/Politics

Ponta Says Oltchim And CFR Marfa Will Have To Cut Staff

Romania’s state-owned chemical plant Oltchim Ramnicu-Valcea (OLT.RO) will not be able to keep all its employees after restructuring and staff cuts will also be operated within railway freigh...

Oana Gavrila · 19.02.2013 · 12:41 · 1 min
IQuest Targets 13.6% Boost In Turnover This Year, To EUR25M
Technology &Telecoms

IQuest Targets 13.6% Boost In Turnover This Year, To EUR25M

Software solutions and services provider iQuest posted a turnover of EUR22 million last year, up 35% from 2011, following expansion domestically and abroad, and estimated to hit EUR25 millio...

Oana Gavrila · 19.02.2013 · 11:57 · 1 min
Automotive

ALD Automotive Sees Managed Car Fleet At 8,000 In 2013, Up 13% On Year

Romanian operating leasing company ALD Automotive estimates it will manage a fleet of 8,000 cars this year, up 13% compared to 2012, when it had a market share of 17% and a turnover of nearl...

Oana Gavrila · 19.02.2013 · 11:47 · 1 min
EBRD Grants EUR9.2M Loan To Upgrade Water Infrastructure In Romania’s Prahova County
Banks-Insurance

EBRD Grants EUR9.2M Loan To Upgrade Water Infrastructure In Romania’s Prahova County

The European Bank for Reconstruction and Development (EBRD) is considering providing up to EUR9.2 million to co-finance investments in water infrastructure upgrades by SC Hidroprahova SA, a...

Oana Gavrila · 19.02.2013 · 10:44 · 1 min
Automotive

Romania Posts 10% Decline In New Car Registrations In January, Sharper Than Record Low EU Average

New car registrations in Romania declined 10.1% in January, to 4,436 units, a sharper downfall than the European Union’s 8.7%, a new record low.

Oana Gavrila · 19.02.2013 · 10:40 · 1 min
Romanians Withdrew EUR24B From ATMs Last Year, Six Times More Than They Paid By Card To Retailers
Banks-Insurance

Romanians Withdrew EUR24B From ATMs Last Year, Six Times More Than They Paid By Card To Retailers

Romanians withdrew more than 106 billion lei (EUR24 billion) from cash dispensers last year, six times more than POS payments, according to data from central bank BNR. Card payments totaled...

Oana Gavrila · 19.02.2013 · 08:55 · 2 min
Record Car Production And Exports In January
Companies

Record Car Production And Exports In January

Car production in Romania reached an all-time high for January, almost 35,000 units, up 35% on the same month of 2012, according to the statistics of the Association of Automotive Manufactur...

Oana Gavrila · 19.02.2013 · 08:52 · 1 min
Antitrust Body Looks Into Termo Craiova Takeover By Oltenia Energy Holding
Energy

Antitrust Body Looks Into Termo Craiova Takeover By Oltenia Energy Holding

Romania’s antitrust body announced Monday it was looking into the takeover of Termo Craiova, which administers the heat distribution and supply in Craiova, southern Romania, by state-owned t...

Oana Gavrila · 18.02.2013 · 12:18 · 1 min
Cosmote To Launch Commercial 4G Services End-April
Technology &Telecoms

Cosmote To Launch Commercial 4G Services End-April

Mobile operator Cosmote Romania will provide 4G telecom services in Bucharest and several other Romanian cities as of end-April, company commercial manager Panos Makris said Monday.

Oana Gavrila · 18.02.2013 · 12:12 · 1 min
Amway Romania Sees Slight Growth In Sales This Year, To $23M
Retail&Consumer

Amway Romania Sees Slight Growth In Sales This Year, To $23M

Direct sales company Amway Romania expects a slight growth in sales this year, to USD23 million, driven by the planned new product launches.

Oana Gavrila · 18.02.2013 · 11:30 · 1 min
Volvo Trucks: Fleet Renewals To Lead To 30% Growth In Truck Sales
Companies

Volvo Trucks: Fleet Renewals To Lead To 30% Growth In Truck Sales

Sales of trucks over 18 tons mainly used in long-haul freight transportation will go up to more than 3,561 units (the sales of 2011) this year, Volvo Group officials estimate.

Oana Gavrila · 18.02.2013 · 08:03 · 1 min
New Energy Company Prepares To Join Billionaires Club
Energy

New Energy Company Prepares To Join Billionaires Club

State-run energy company Complexul Energetic Oltenia, which was created last summer by the merger of major thermal power stations in Oltenia (S Romania) with the coal mines managed by Societ...

Oana Gavrila · 18.02.2013 · 00:00 · 3 min