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Oana Gavrila

Fields
Banks-Insurance, Companies, Social/Politics
Writing for ZF since
2011
Articles
8.731
Basescu Says Some State-Owned Companies May Go Bankrupt
Social/Politics

Basescu Says Some State-Owned Companies May Go Bankrupt

Romanian President Traian Basescu said Tuesday on public radio he does not rule out the possibility of several state-owned companies to go bankrupt, adding the Government does not have to al...

Oana Gavrila · 02.08.2011 · 14:26 · 1 min
Social/Politics

Romania To Raise Public Sector Wages 15% Next Year, Says Coalition Party Head

Romania may raise public sector wages 15 next year, either at once or in tranches, Marian Sarbu, head of coalition party UNPR, told Radio France International Tuesday.

Oana Gavrila · 02.08.2011 · 14:05 · 1 min
Social/Politics

Postal Workers Protest Planned Layoffs, Threaten Full-Blown Strike Unless Co’s Revenues Rise 20%

Some 1,500 Romanian postal workers are picketing the Communications Ministry Tuesday morning over planned layoffs from state-owned postal company Posta Romana and threaten to go on full-blow...

Oana Gavrila · 02.08.2011 · 11:57 · 2 min
Government To Assign RON300M To Healthcare At Budget Revision - PM
Health

Government To Assign RON300M To Healthcare At Budget Revision - PM

Romania will assign 300 million lei (about EUR71 million) to healthcare at this year’s budget revision, will save RON150 million in the reserve fund for hospitals and will supplement loans b...

Oana Gavrila · 02.08.2011 · 11:13 · 1 min
Banks-Insurance

IMF: Romania May Raise Public Sector Wages After More Job Cuts

Even though the government may consider there is room for public sector wage increases, Romania should only raise them following more job cuts layoffs, Monday said Jeffrey Franks, head of th...

Oana Gavrila · 01.08.2011 · 11:40 · 1 min
Romanian Bus Market Up 77% In 1H, To 421 Units
Automotive

Romanian Bus Market Up 77% In 1H, To 421 Units

Bus sales in Romania rose 77% in the first half of the year, to 421 units, the heftiest growing segment on the auto market, according to the Romanian carmakers and importers association APIA...

Oana Gavrila · 28.07.2011 · 14:25 · 1 min
Romania Can Halt Rosia Montana Mining Project Unless Developer Invests $70M In Preservation Works
Social/Politics

Romania Can Halt Rosia Montana Mining Project Unless Developer Invests $70M In Preservation Works

Romania can halt the gold mining project at Rosia Montana anytime unless the joint venture developing it, Rosia Montana Gold Corporation, invests $70 million in preservation works in the are...

Oana Gavrila · 28.07.2011 · 14:25 · 2 min
Bucharest Kicks Off City Tour On Double-Decker Tourist Buses
Social/Politics

Bucharest Kicks Off City Tour On Double-Decker Tourist Buses

Romania’s capital Bucharest has launched its first city tour on double-decker buses Thursday, with Tourism Minister Elena Udrea among the first passengers.

Oana Gavrila · 28.07.2011 · 13:30 · 1 min
Electrocentrale Deva To Lay Off 100 People This Year, 200 More Next Year
Energy

Electrocentrale Deva To Lay Off 100 People This Year, 200 More Next Year

One hundred employees of the total 1,531 working at electrical plant Electrocentrale Deva, in western Romania, will be laid off in September and 200 others will lose their jobs next year, ac...

Oana Gavrila · 28.07.2011 · 12:26 · 1 min
Dacia’s Global Sales Down 2.9% To 177,000 Cars In First Half
Automotive

Dacia’s Global Sales Down 2.9% To 177,000 Cars In First Half

Worldwide sales of Romanian carmaker Dacia declined 2.9% in the first half of the year, to 176,852 cars and light commercial vehicles, partly reflecting the end of the scrapping bonus scheme...

Oana Gavrila · 28.07.2011 · 11:51 · 1 min
Automotive

Romania Seeks To Upgrade 31 Km Of Railway For EUR206M

Romania’s state-owned railway company will hold an auction in September seeking contractors interested in upgrading 31.5 kilometers of railway between Vintu de Jos and Coslariu, central Roma...

Oana Gavrila · 27.07.2011 · 14:56 · 1 min
Energy

Romania Starts Procedures To Slash 1,300 Jobs In State-Owned Energy Companies

Romania’s Government on Wednesday decided the start of procedures to lay off 1,300 employees of several state-owned energy companies this year.

Oana Gavrila · 27.07.2011 · 13:39 · 1 min