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Oana Gavrila

Fields
Banks-Insurance, Companies, Social/Politics
Writing for ZF since
2011
Articles
8.731
Banks-Insurance

BRD Cannot Restart Lending Because Of Low Demand And Still Ailing Economy

BRD-Societe Generale, the second-largest bank on the Romanian market, has not found enough clients to match the value of repaid amounts, so the volume of loans fell 3% in September against t...

Oana Gavrila · 07.11.2011 · 00:00 · 1 min
Banks-Insurance

Romania Will Have Restructuring Fund To Stabilize Ailing Banks

Romania’s central bank has prepared the legislation enabling Romania to have a bank restructuring fund, whose resources will be possible to use to finance the measures taken to stabilize a t...

Oana Gavrila · 07.11.2011 · 00:00 · 1 min
Macroeconomics

Romania Unable To Use IMF Money To Fix Decline In Number Of Jobs

Romania has been unable to “fix” the effects of the crisis with the International Monetary Fund money in four years as its economy lost 630,000 jobs.

Oana Gavrila · 07.11.2011 · 00:00 · 2 min
Lee Cooper Tries Its Luck In Romania A Second Time
Retail&Consumer

Lee Cooper Tries Its Luck In Romania A Second Time

British jeans maker Lee Cooper enters the Romanian market a second time after its first attempt ended in insolvency. The plans for its return include lots of figures: 30 shops, EUR4,000 reve...

Oana Gavrila · 07.11.2011 · 00:00 · 2 min
Carturesti Opens Bookstore In AFI Palace Cotroceni Mall, Targets EUR7M In Sales
Retail&Consumer

Carturesti Opens Bookstore In AFI Palace Cotroceni Mall, Targets EUR7M In Sales

Romanian bookstore chain Carturesti, owned by Nicoleta Dumitru and Serban Radu will open a 450-square-meter bookstore in the AFI Palace Cotroceni mall in Bucharest where it will open booksto...

Oana Gavrila · 07.11.2011 · 00:00 · 1 min
Retail&Consumer

Cold Cuts Exports 50% Higher In First Six Months

Cold cuts exports went up 50% between January and July 2011 compared with the same period last year and reached EUR34 million, EUR4 million more than exports recorded by the industry through...

Oana Gavrila · 07.11.2011 · 00:00 · 1 min
One In Five Modern Retail Stores In Romania Is In Bucharest: Residents Spend EUR2B In 150 Stores
Retail&Consumer

One In Five Modern Retail Stores In Romania Is In Bucharest: Residents Spend EUR2B In 150 Stores

Companies in modern retail – cash & carry, hypermarkets, supermarkets and discount chains – expanded aggressively in Bucharest, where the around two million residents spend over EUR2 billion...

Oana Gavrila · 07.11.2011 · 00:00 · 2 min
EUR5B In Sales, EUR1.3B in Profit – Legacy of Three Managers of Cement Producers
Retail&Consumer

EUR5B In Sales, EUR1.3B in Profit – Legacy of Three Managers of Cement Producers

Romania’s poorly developed road infrastructure could seem a major hurdle for the business of cement producers, which provide one of the raw materials for road building. However, cement produ...

Oana Gavrila · 07.11.2011 · 00:00 · 5 min
Automotive

Bucharest-Ploiesti Highway To Open For Traffic Next Spring - PM

Romanian Prime Minister Emil Boc said Saturday the 62-kilometer highway linking capital Bucharest to Ploiesti will be open for traffic next spring at the latest.

Oana Gavrila · 05.11.2011 · 14:46 · 1 min
Social/Politics

All Subway Stations In Bucharest To Have Elevators By Mid-2012

Bucharest’s entire subway network, which has 49 stations, will have elevators for people with disabilities by mi-d next year, Transport Minister Anca Boagiu said Friday.

Oana Gavrila · 04.11.2011 · 14:14 · 1 min
MPs Tacitly Adopt Bill Allowing Secret Service To Conduct Criminal Investigations
Social/Politics

MPs Tacitly Adopt Bill Allowing Secret Service To Conduct Criminal Investigations

The Chamber of Deputies on Thursday failed to secure the necessary quorum to debate and vote on a bill that allows secret services to conduct criminal investigations and the bill was adopted...

Oana Gavrila · 03.11.2011 · 10:49 · 1 min
UPC Romania 9-Mo Revenues Down 2%, To $109M
Technology &Telecoms

UPC Romania 9-Mo Revenues Down 2%, To $109M

Revenues of communication services provider UPC Romania dropped 2% in the first nine months of the year, to $109.1 million from $111.6 million in the same period last year, but saw a slight...

Oana Gavrila · 03.11.2011 · 10:26 · 1 min