Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
TeraPlast Group Builds EUR10M Factory
TeraPlast Group (TRP.RO), the largest Romanian construction materials manufacturer, will build a new factory within the TeraPlast Industrial Park in Saratel, Bistrita-Nasaud county, a projec...
Kaufland Romania Gives Employee Bonuses Totaling EUR1M
Kaufland Romania, the local division of German retailer Kaufland, said Monday it will grant bonuses to employees totaling EUR1 million.
Purcari Revenue Improves in 3Q, Profit Drops 18%, to RON10M
Winemaker Purcari Wineries (WINE.RO) reported revenues of RON53.4 million for the third quarter, up 5% on the year, and a net profit of RON10 million, down 18%.
Rompetrol Rafinare Posts $156.2M Loss in Jan-Sept
Rompetrol Rafinare (RRC.RO), part of KMG International and 44.6% owned by the Romanian state, on Friday reported a net loss of $156.2 million for the first nine months of 2020, compared with...
Investors Bought RON0.5B Worth of Govt Bonds in First Week
Individual investors bought RON500 million worth of Fidelis government bonds for the general population in the first week of the offer running until November 27, brokers' data showed.
Transelectrica Net Profit Doubles in Jan-Sept, to RON152M
Romanian state-owned power grid operator Transelectrica (TEL.RO) on Friday reported a net profit of RON152 million for the first nine months of 2020, double compared with the same period las...
Romania Posts Current Account Gap of EUR7.737B in Jan-Sept
Romania's current account balance posted a deficit of EUR7.737 billion in January-September, compared with a deficit of EUR7.942 billion in the same period in 2019, central bank data showed...
Romanian Central Bank Lowers 2020 Inflation Forecast to 2.1% from 2.7%
Romania's central bank lowered its inflation forecast to 2.1% for the end of 2020 from a previous projection of 2.7%, while keeping the 2021 projection at 2.5%, according to the November Inf...
Analysts Expect W-Shaped Recovery after Worse than Expected 3Q GDP Data
Analysts expect Romania's economy recovering slower and more gradually after Friday's flash GDP data which showed a 6% annual contraction in the third quarter, worse than the -4.4% market ex...
Conpet Net Profit Declines 2.3% in Jan-Sept, to RON48.95M
Romanian state-run oil transporter Conpet Ploiesti (COTE.RO) on Thursday reported a net profit of RON48.95 million for the first nine months of 2002, down 2.3% on the year.
Central Bank Sees Inflation Dropping Further in Short Term
Romania's central bank expects inflation to drop further in the short term before rising again and remaining close to 2.5%, it said in a detailed statement following Thursday's monetary poli...
Carbo Europe Raises Stake in Carbochim to 75.8%
Industrial abrasives manufacturer Carbochim Cluj Napoca (CBC.RO) announced Thursday in a market report its majority shareholder Carbo Europe raised its stake in the company from 68.37% to 75...