Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
Economy Ministry Privatization Office Head Resigns Over Failed Oltchim Sale
The head of the privatization office with Romania’s Economy Ministry, Remus Vulpescu, resigned Wednesday over the failed sale of chemical plant Oltchim Ramnicu Valcea (OLT.RO).
Mangold, Influential German Businessman: Long-Term Commitment More Important Than Privatization Proceeds
A hasty privatization is more likely to have negative consequences and the state should look for a long-term investor that would bring technology and create jobs, rather than having the pric...
Stock Market Fares Worse For Business As Over 20 Brokerages Closed Doors In Four Years
The exit of ING’s brokerage firm highlights the disaster on the Romanian capital market, where more than one quarter of the brokerage firms have closed in the last four years. The lack of ne...
Ponta Takes Over As Interim Health Minister
Romanian Prime Minister Victor Ponta will be taking over as interim health minister following the resignation of Vasile Cepoi Monday amid conflict of interest and corruption allegations, peo...
Opposition MPs Submit Motion On Agriculture In Lower House
Romanian opposition democrat liberal lawmakers on Tuesday submitted a simple motion in the Chamber of Deputies targeting the field of agriculture and calling for the resignation of Agricultu...
Bucharest Stock Exchange Left Reeling After Major Broker ING Leaves Market
The Bucharest Stock Exchange is left without one of its largest brokers after ING announced on Monday it is shutting down brokerage operations on several markets. Competition is not happy ab...
Succes Takes On Bucharest
Businessman Nicolae Sarcina of Gorj (southern Romania), who owns the Succes group is expanding in Bucharest with the store chain by the same name. The company, which has only one store in Bu...
Dacia Registrations In France Down 2.7% On Year In Jan-Sept
Romanian carmaker Dacia’s new car registrations in France declined 2.7% in the first nine months, to 60,813 units, on a market that dropped 14%, to 1.43 million cars.
Renault May Relocate Production To Morocco Unless Romania Stays Competitive, COO Says
Launched as one of the most efficient and state-of-the-art plants of the Renault-Nissan alliance early this year, the plant in Tangiers will become the main competitor of the facility in Mio...
Insurers Transfer A Quarter Of Their Risk To Reinsurance Companies
The top ten insurers on the market ceded 730 million lei (EUR161 million) in premiums to reinsurers in January-June, up 30% on the year-ago period, according to the data published by the ins...
Former Kaufland And Minimax Managers Put In Charge Of Penny Market
Retailer Penny Market appointed two managers, Simon Hamersky and Daniel Gross, to oversee the development of the discount store chains Penny Market and Penny Market XXL on the local market....
Most Profitable Companies In Romania
The 300 most profitable companies in Romania last year had a cumulated profit of 25 billion lei (EUR5.86 billion), i.e. almost 40% of the total profit recorded by all companies in Romania –...