Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
Senate Adopts Bill Changing Majority Required To Suspend The Head Of State From Office
Romania’s Senate on Thursday adopted an amendment to the referendum law allowing the suspension from office of the head of state with the votes of the majority of people casting ballots in a...
Aerostar Bacau Invests RON22M In New Production Unit
Plane construction and repair firm Aerostar Bacau (ARS.RO) has started work on building a new production facility in which it plans to invest 22 million lei (EUR4.9 million), of which RON8.7...
Alico Asigurari 2011 Net Profit Up 7.4% To RON74M, Highest On Local Market
Insurer Alico Asigurari Romania posted a net profit of 74 million lei (EUR16.6 million) last year, 7.4% higher compared to 2010, the highest profit posted on the local insurance market, comp...
Ponta Nominates Andronescu For Education Minister, Hasotti For Culture Minister
Romanian Prime Minister Victor Ponta on Wednesday nominated social democrat Ecaterina Andronescu for education minister and liberal Puiu Hasotti for culture minister.
Ghetea: Profitable Lenders In Romania Won’t Leave Market, Greek Banks Included
Foreign banks in Romania that are well positioned on the market and gained good profits, including Greek lenders, will not leave the country, CEC Bank president Radu Ghetea said Wednesday at...
Lidl Opens 141st Store In Romania
German retailer Lidl opened a store in the northern Romanian city of Baia Mare Wednesday, reaching a countrywide network of 141 stores.
Parliament Allows Government To Issue Ordinances During Summer Recess
Romania’s Chamber of Deputies on Tuesday adopted a bill authorizing the Government to issue ordinances during the summer parliament recess.
Ponta Says Is Willing To Lose PhD Title But Won’t Resign As Prime Minister
Romanian Prime Minister Victor Ponta, who is facing plagiarism accusations, said Tuesday he is willing to renounce his PhD title but will not resign as head of the Government.
ECHR Allows 9-Month Extension For Romania To Amend Laws On Nationalized Property
The European Court of Human Rights has accepted Romania’s request to extend by nine months the deadline to amend its law on nationalized property, Justice Minister Titus Corlatean told MEDIA...
Imports To Reach Half Of Romania's Energy Demand In 2030
Romania’s energy independence will be reduced and imports will reach 40%-50% of total consumption in 2030, due to higher demand for primary energy and the natural decline of the local hydroc...
OMV Petrom Plans To Invest Up To EUR1.2B/Year By 2014
OMV Petrom (SNP.RO) said Tuesday it will invest EUR800 million – EUR1.2 billion a year by 2014, particularly in exploration and production, if the business environment is favorable to invest...
Romania Might Not Need Two More Nuclear Reactors – Study
Romania might not need to build two new nuclear reactors at its power plant in Cernavoda because of a multitude of green energy projects and long-term investment plans in the production of c...