Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
Worst Case Scenario: 10 Things That Will Affect Romania’ Economy
The irresponsibility of the entire political class leads to economic decline and weakens the country’s ability to withstand external pressures.
Central Bank Makes First Principal Payment On Romania’s IMF Loan As Leu Hits New Low
Romania’s central bank (BNR) on Monday makes its first principal payment on Romania’s EUR12 billion loan from the IMF, amounting to around EUR670 million from its forex reserve.
EnergoBit Invests EUR40M In Wind Farm In Tulcea
EnergoBit, one of the leading players on the market of energy equipment, controlled by three Romanians, will invest EUR40 million in the development of a 27-MW wind farm in Tulcea (SE Romani...
Story Of Turabo: From 50 Coffee Shops To Insolvency
Tudor Dragomir Niculescu, the owner of the Turabo coffee shop chain and one of the first to get the coffee shop market going in Romania, has closed down, in less than three years, all his 50...
Basescu Warns Aug 31 Verdict On Referendum Might Come Too Late
Romania’s suspended President Traian Basescu said Romania’s economy is in a race against time until August 31, when the Constitutional Court is expected to reach a verdict on his impeachment...
Suspended Romanian President Says He Won’t Resign, It Would Be “Cowardly”
Romania’s suspended President Traian Basescu said Sunday he has no intention to resign because it would be cowardly and would successfully complete the governing Social Liberal Union’s coup.
Romanian Seaside Resorts Fully Booked
Romania’s seaside resorts are fully booked over weekends and 98% booked on weekdays this summer season, according to hotel owners part of the Tourism and Services Employers’ Federation (FPTR...
Romanian Acting President Fires Suspended President’s Advisers
Romania’s acting president Crin Antonescu on Friday fired all of suspended president Traian Basescu’s presidential advisers.
Constitutional Court Resumes Debate On Impeachment Referendum Outcome
Romania’s Constitutional Court Thursday resumed debates on the outcome of the referendum on the impeachment of suspended President Traian Basescu and is expected to issue a ruling on whether...
Final Voter Turnout In Romania’s Impeachment Referendum At 45.92%
Voter turnout at the referendum on whether to impeach Romania’s suspended President Traian Basescu was 45.92% when polls closed at 11 pm, according to the Central Electoral Bureau.
Clunker Program Shows Signs Of Rebound, Foreign Car Dealers Don’t Feel It Yet
The number cars sold through the ‘Rabla’ clunkers program reached 8,000 at the end of last week, from 1,100 in mid May, according to the Environment Fund Administration. This is nothing for...
Terapia Ranbaxy Beats Rival Europharm To The Top Spot In 2011
Terapia Ranbaxy in Cluj became Romania’s largest drug maker last year, leaving rival Europharm behind by just EUR3 million. Terapia came close to EUR100 million in revenue and had the highes...