Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
Romania Expects EUR3B Tranche of EUR4.1B SURE Loan
Romania will be receiving a first tranche of EUR3 billion from a European Union loan under the SURE support instrument, finance minister Florin Citu announced Wednesday.
Preserving Confidence in the Romanian Currency, Key to Monetary Policy Conduct in 2020
Romania's central bank monetary policy board decision of November 12 were unanimous and maintaining confidence in the domestic currency was key to monetary policy conduct in 2020, according...
Lidl Invests over RON11M to Double Employee Holiday Bonuses
German discount chain Lidl announced Tuesday it was extending employee benefits and will be doubling Christmas bonuses this year up to RON800 per employee, as well as new life insurance that...
Antitrust Body Looks into Kiwi Finance Acquisition by OLX
Romania's Competition Council said Tuesday it was analyzing the deal whereby OLX Global BV intends to acquire Kiwi Finance SRL, the largest loan brokerage company on the Romanian market.
Romania Private Lending Grows 0.6% on Month in October
Private lending in Romania grew 0.6% in nominal terms and 0.4% in real terms in October compared with September, to RON279.172 billion, central bank data showed Tuesday.
EC Approves EUR4.4M Romanian Aid Scheme to Compensate Regional Airport Operators
The European Commission said Monday it has approved, under EU State aid rules, a RON21.3 million (approximately EUR4.4 million) Romanian aid scheme to compensate Romanian regional airport op...
Romania Raises RON461M Selling Sept 2031 Bonds at 3.42% Average Yield
Romania's finance ministry on Monday raised 461 million lei (EUR94.6 million), versus its RON300 million target, selling bonds maturing in September 2031 at an average yield of 3.42%, centra...
CEC Bank Posts RON274.2M Profit in Jan-Sept
Romanian state-owned lender CEC Bank reported a net profit of RON274.2 million for the first nine months of 2020, while its assets grew 14% since the beginning of the year, to RON37.5 billio...
Italian Cosmetics Brand PUPA Opens Three Monobrand Stores in AFI Locations
Italian cosmetics brand PUPA Milano is opening three new stores in the AFI Palace Cotroceni shopping center in Bucharest, AFI Palace Ploiesti and AFI Palace Brasov, following a lease agreeme...
Three Romanian Companies Recognized in Deloitte 2020 Technology Fast 50
DCS Plus, Druid and Tremend are the Romanian companies recognized in the Deloitte 2020 Central Europe Technology Fast 50 program in the Impact Star category that recognizes companies that ar...
Expo Market Doraly Completes EUR6M Retail Park Expansion
Expo Market Doraly, one of Romania’s biggest shopping parks specialized in home items and food products, located in the township of Afumati (Ilfov county), has completed and put into operati...
Jan Kees Martijn Appointed IMF Mission Chief for Romania
The International Monetary fund has appointed Jan Kees Martijn as the new mission chief for Romania, starting November 19, the representative office of the IMF said in a press release Friday...