Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
MedLife Acquires Veridia Medical Center in Bucharest
MedLife (M.RO), the leader of the private medical services market in Romania, announced Thursday it has fully acquired the Veridia Medical Center in Bucharest, known as Basarab Medical Cente...
Tei Group Rents 10,000 Sqm in Metav Industrial Park
Tei Group, which includes the Farmacia Tei network of pharmacies and Bebe Tei stores, leased a space of approximately 10,000 square meters in the Metav industrial park in northern Bucharest,...
KJK Balkan Holding Exits Teraplast Bistrita Shareholding
Finnish investment fund KJK Balkan Holding has exited the shareholding structure of construction material producer Teraplast Bistrita (TRP.RO) after selling its last 1.4% remaining stake on...
Romania Plans EUR22B Investments in Energy Sector by 2030
Romania plans to invest over EUR22 billion in its energy sector in the next ten years, according to the country's draft energy strategy for the period 2020-2030, launched for public debate.
Government Approves Memorandum on CE Oltenia State Aid
Romania's government has approved a memorandum to include EUR1.3 billion state aid for the restructuring of energy holding CE Oltenia in the state's budget policies for the period 2021-2025.
Romania's Economic Forecast Commission Revises 2020 GDP Downturn to 4.2%
Romania's national strategy and forecast commission has revised its 2020 GDP contraction estimate to 4.2% from a previous projection of 3.8% and sees the economy rebounding with 4.5% GDP gro...
Romanian Government Raises 2020 Budget Deficit Target to 9.1%
Romania's government is revising its budget deficit target to 9.1% for 2020 at an upcoming budget revision, finance minister Florin Citu said Wednesday.
Altex Steps Up Expansion, Opens EUR5M Store in Deva
Electronics retailer Altex opens a new store on November 19 in Deva, Hunedoara county, in a company-owned space, following an investment of EUR5 million.
Dermo-Cosmetics Sales in Romania Down 0.5% YoY in 3Q, to RON72.5M
Romanians bought RON72.5 million (EUR15 million) worth of dermo-cosmetics in pharmacies in the third quarter of 2020, down 0.5% compared with the same period last year but up 24% compared wi...
OMV Petrom Invested EUR21M in Petrobrazi Refinery in Two Years
OMV Petrom (SNP.RO), the largest energy company in Southeastern Europe, has invested approximately EUR21 million at Petrobrazi refinery to raise bio-blending capacity and improve infrastruct...
CE Oltenia Gets EU Clearance to Move Ahead with EUR3.5B Restructuring Plan
Romanian state-owned energy holding CE Oltenia, the second largest local electricity producer with 22% market share, was green-lit by the European Commission for its restructuring plan to gr...
Impact Developer&Contractor Profit Drops 28% in Jan-Sept, to RON13M
Real estate developer Impact Developer&Contractor (IMP.RO) on Tuesday reported a net profit of RON13 million for the first nine months of 2020, down 28% on the year.