Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
Lidl Opens New Store in Alba Iulia, Reaches 280 Units in Romania
German-held discount grocery retailer Lidl is opening a new store in Alba Iulia, central Romania, reaching 280 stores on the local market.
5 to go Continues Expansion Despite Covid Pandemic
Romanian coffee shop chain 5 to go, founded in 2015 by two local entrepreneurs, has continued expanding despite the difficult pandemic context and opened 85 units this year out of 100 planne...
Dacia Reveals Prices for New Logan, Sandero, Sandero Stepway Models
Prices for new Dacia models start from EUR8,400 including VAT for the new Logan, EUR8,600 for the new Sandero, and EUR12,050 for the new Sandero Stepway, the carmaker announced Wednesday.
Altex Opens EUR5M Store in Lugoj, Western Romania
Electronics retailer Altex opens a 1,500 sqm store in Lugoj, western Romania, on November 5, following an investment of EUR5 million.
Colliers: Store Traffic Drops but Retail Sales Grow in 3Q
Nearly one third of retailers had similar or higher sales in the third quarter compared with the same period in 2019 although 85% registered a drop in traffic, a survey by real estate consul...
Laptaria cu Caimac Raises EUR3M in Private Bond Sale
Agroserv Mariuța SA, whcgh owns the dairy brand Laptaria cu Caimac, has successfully closed a private placement raising EUR3 million in a bond issue maturing in 2025 with 5.25% interest, bro...
New Car Registrations in Romania Grow 17.6% YoY in October
New car registrations in Romania grew 17.6% in October compared with October 2019, to 12,523 units, data from the association of automotive manufacturers in Romania (ACAROM) showed Tuesday.
Romania Forex Reserves Grow to EUR33.795B in October
Romania's foreign exchange reserves grew to EUR33.795 billion at the end of October from EUR32.588 billion at the end of September, central bank data showed Monday.
Erste Profit Halves, BCR's Doubles in Jan-Sept
Erste, the Austrian financial group that owns Romanian BCR, had a net profit of EUR637 million in the first nine months of 2020, half compared with the same period last year, while BCR poste...
Tax Authority Approves Romaero Restructuring Plan; Romania Recovers RON50M
Romanian aircraft parts maker Romaero (RORX.RO), of strategic importance for the Romanian aerospace and defense industries, has received tax authority approval for its restructuring plan tha...
Raiffeisen Bank Eliminates Cash Operations in 129 Units
Around one third of Raiffeisen Bank units in Romania, 129 units, will eliminate cash operations starting November, relying on ATMs, multi-functional machines and alternative channels, the ba...
iHunt Technology Closes Bond Sale Early
Broker TradeVille on Friday closed early a private placement for bonds issued by iHunt Technology as the bonds were oversubscribed by 45%.