Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
BCR Asigurari de Viata 1H Underwritten Premiums Up 8.5%, To RON167M
Romanian life insurance company BCR Asigurari de Viata underwrote premiums of 167.02 million lei (about EUR39 million) in the first half of the year, up 8.5% compared to the first half of 20...
Court Postpones For Sept 1 Debate On Registering Romanian Opposition’s Social Liberal Union
The Bucharest Court on Tuesday postponed for September 1 talks on the registration of the country’s opposition Social Liberal Union (USL) as a political party.
Mukul Pal, Orpheus Capital: Now Is A Good Time To Buy
Mukul Pal, head of Orpheus Capital investment consultancy of Cluj-Napoca and one of the few analysts who foresaw the corrections witnessed by the regional investment funds (SIFs) in the spri...
Fund Investors, Less Jittery Than Bourse Speculators
Mutual fund investors reacted more calmly than bourse speculators in the face of the financial turmoil of the August 5-12 week, even as losses reported by some mutual funds went as deep as 2...
Used Car Imports Plummet, New Cars Do Not Fare Any Better Either
Sales of imported used cars plunged by 60% in July, marking the sixth month of declines, according to a ZF analysis based on data provided by the Interior Ministry’s Driving License and Vehi...
Romanian Government Replaces Banks As Short-Term External Debt Driver
The Romanian government doubled its short-term external debt in the first half of the year to over EUR3 billion, triple compared to last summer, while banks’ indebtedness rose by just EUR360...
Wimmer, Erste: People Have Yet To See Benefits Of Economic Stabilization
BCR (Banca Comerciala Romana) has put behind it the lowest point in terms of net interest income – a bank’s main source of profit, but recovery will be slow as long as sales of new retail lo...
Erste: We Financed Your Deficit Because We Had A Strategic Interest In Romania
The strategic interest of Austria’s Erste Group in Romania allowed the government to get financing at good rates, says Manfred Wimmer, chief financial officer of Austrian group that controls...
Romanian Farmers To Cash In EUR4B From Wheat, Corn, Rapeseed And Sunflower Harvests
Crops of wheat, corn, rapeseed and sunflower, four of the most important agricultural products in Romania, are worth EUR4.1 billion this year, EUR1 billion more than last year, according to...
Baicusi: State-Owned Companies Will Not Have Private Management Soon
Adrian Baicusi, 46, a manager with an experience of over 15 years in companies such as OMV or Siemens Romania (where the salary package reached EUR20,000/month), who in 2009 agreed to run st...
War Between Apple And Samsung Set To Have No Impact On Romanian Market
The recent court battle between Apple and Samsung, which led to the Samsung Galaxy Tab 10.1 being pulled from sale all across Europe, will have no impact on the local market.
New Yorker Speeds Up Expansion: Four Store Openings Scheduled By Yearend
German clothing retailer New Yorker, which owns 18 stores on the Romanian market, will accelerate its expansion rate over the next few months, and is set to open four stores by the end of th...