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Oana Gavrila

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

Romanian Government Revises 2Q GDP Growth Forecast Slightly Down To 0.2%-0.3%

Romania’s Government has revised its forecast for the country’s second quarter economic growth to 0.2%-0.3% from a previously expected 0.3%-0.4%, but expects better results in the third quar...

Oana Gavrila · 13.08.2011 · 13:31 · 1 min
Social/Politics

Rosia Montana Residents Call For Development Of Gold Mining Project

Over 400 locals and miners in Rosia Montana, western Romania, assembled Friday in the center of the commune calling for the development of the gold mining project planned for the area and pr...

Oana Gavrila · 12.08.2011 · 14:31 · 2 min
Media

Romania To Pay RON8.6M For Copywriting Services Promoting Tourist Brand

Romania’s Tourism Ministry has launched a tender to buy copywriting services for campaigns promoting Romania as a tourist destination and raising awareness to the country’s tourist brand, fo...

Oana Gavrila · 12.08.2011 · 13:48 · 1 min
Basescu Supports Government’s Fiscal Strategy, Says Country Needs More Public Sector Layoffs
Social/Politics

Basescu Supports Government’s Fiscal Strategy, Says Country Needs More Public Sector Layoffs

Romanian president Traian Basescu said Friday he supports the Government’s recently adopted fiscal strategy, adding Romania would default if it keeps borrowing money to pay wages and pension...

Oana Gavrila · 12.08.2011 · 13:15 · 1 min
Social/Politics

Udrea Confident EU Will Resume Payment For Road Upgrades This Fall

The European Commission may resume this fall payments for road upgrades via the Regional Operating Program, Romanian Regional Development and Tourism Minister Elena Udrea said Friday.

Oana Gavrila · 12.08.2011 · 12:49 · 1 min
Banks-Insurance

Astra Asigurari Paid RON319M In Damages In 1H, Up 36% On Year

Romanian insurer Astra Asigurari paid 319 million lei (EUR74 million) in damage claims for 75,536 files in the first half of this year, 36% more compared to the same period of 2010, the comp...

Oana Gavrila · 11.08.2011 · 14:34 · 1 min
Social/Politics

EC Accepts Spain’s Request To Restrict Labor Market Access To Romanian Workers Until End-2012

The European Commission on Thursday approved Spain's request to restrict its labor market to Romanian workers until December 31, 2012 due to serious disturbances on its labor market, the EC...

Oana Gavrila · 11.08.2011 · 13:02 · 1 min
Automotive

U.S. Cooper Standard To Expand Operations To Romania

U.S.-based Cooper Standard Thursday announced plans to establish a new manufacturing facility in Craiova, Romania, expanding its global automotive body sealing and fluid handling businesses.

Oana Gavrila · 11.08.2011 · 12:39 · 1 min
Banks-Insurance

Generali Romania 1H Underwritings Down 14%, Profit Halves To RON9.7M

Insurer Generali Romania underwrote premiums of 201 million lei (about EUR47 million) in the first half of the year, down 14% on the year, and its net profit dropped to RON9.7 million from R...

Oana Gavrila · 11.08.2011 · 12:29 · 2 min
Social/Politics

EU May Call On Spain To Lift Labor Restrictions For Romanians Anytime - Sources

Spain will not be allowed to decide unilaterally when to lift restrictions for Romanians main workers on its labor market and the European Commission may ask for the restrictions imposed on...

Oana Gavrila · 10.08.2011 · 14:54 · 1 min
Retail&Consumer

Romania To Raise Fines For Selling Products That Can Be Mistaken For Food

Romania will raise fines for the selling, importing, exporting and production of products that can be mistaken for food to 1,000-3,000 lei (EUR400–EUR1,200) from the current RON70-RON100, ac...

Oana Gavrila · 10.08.2011 · 14:18 · 1 min
Automotive

Munich-Bound Flight Returns To Timisoara Airport Over Technical Problems

A flight of Romanian airliner Carpatair heading for Munich, Germany, returned to the airport in Timisoara, western Romania, Wednesday morning, ten minutes after take-off because of technical...

Oana Gavrila · 10.08.2011 · 13:14 · 1 min