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Oana Gavrila

Fields
Banks-Insurance, Companies, Social/Politics
Writing for ZF since
2011
Articles
8.731
Financial Watchdog Fines Insurer Euroins Romania Over RON2M
Companies

Financial Watchdog Fines Insurer Euroins Romania Over RON2M

Romania's financial supervisory authority has fined insurer Euroins Romania a total of over RON2 million for irregularities found at a check-up conducted in July-September.

Oana Gavrila · 01.10.2020 · 17:33 · 1 min
Romania Raises RON1B Selling July 2025 Bonds at 3.22% Average Yield
Banks-Insurance

Romania Raises RON1B Selling July 2025 Bonds at 3.22% Average Yield

Romania's finance ministry on Thursday raised a little over 1 billion lei (EUR215 million), above its RON700 million target, selling bonds maturing in July 2025 at an average yield of 3.22%,...

Oana Gavrila · 01.10.2020 · 17:21 · 1 min
Romania's Forex Reserves Decline to EUR32.588B in September
Macroeconomics

Romania's Forex Reserves Decline to EUR32.588B in September

Romania's foreign exchange reserves dropped to EUR32.588 billion at the end of September from EUR35.768 billion at the end of August, central bank data showed Thursday.

Oana Gavrila · 01.10.2020 · 14:17 · 1 min
TeraPlast Requests EUR4M State Aid to Fund EUR7.9M Investment
Companies

TeraPlast Requests EUR4M State Aid to Fund EUR7.9M Investment

Construction material producer TeraPlast Bistrita (TRP.RO) has requested state aid of nearly EUR4 million to finance an investment project totaling EUR7.9 million in enhancing production cap...

Oana Gavrila · 01.10.2020 · 13:26 · 1 min
Holde Agri Invest Shares Start Trading on Bucharest Stock Exchange AeRO Market
Companies

Holde Agri Invest Shares Start Trading on Bucharest Stock Exchange AeRO Market

Shares of Holde Agri Invest, a Romanian company operating farmland, started trading Thursday on the the AeRO market of the Bucharest stock exchange under the ticker symbol HAI.

Oana Gavrila · 01.10.2020 · 13:02 · 3 min
Companies

OMV Petrom Gets Antitrust Clearance on Outsourcing Deal

Romania's antitrust body on Thursday cleared the deal whereby oil and gas company OMV Petrom (SNP.RO) seeks to outsource operations and services to J. Christof E&P Services SRL and Christof...

Oana Gavrila · 01.10.2020 · 12:51 · 1 min
PayWell 2020: Gross Wages in Romanian Private Sector Grow 6.79% in 1H
Analysis

PayWell 2020: Gross Wages in Romanian Private Sector Grow 6.79% in 1H

Gross wages in private companies in Romania increased by an average of 6.79% in the first half of 2020, according to PayWell 2020 survey on salaries and benefits conducted by PwC Romania.

Oana Gavrila · 01.10.2020 · 12:46 · 1 min
Romania Unemployment Rate Inches Down to 5.3% in August
Macroeconomics

Romania Unemployment Rate Inches Down to 5.3% in August

Romania's seasonally adjusted unemployment rate inched down to 5.3% in August from 5.4% in July, data from the country's statistics board showed Thursday.

Oana Gavrila · 01.10.2020 · 12:06 · 1 min
Comvex Constanta Posts RON9.7M Loss in 1H/2020
Companies

Comvex Constanta Posts RON9.7M Loss in 1H/2020

Romanian harbor operator Comvex Constanta (CMVX.RO) posted loss of RON9.7 million in the first half of 2020, compared with profit of RON5.2 million in the same period last year.

Oana Gavrila · 30.09.2020 · 18:53 · 1 min
Romaero Reduces Loss in 1H/2020 to RON24M
Companies

Romaero Reduces Loss in 1H/2020 to RON24M

Romanian aircraft parts maker Romaero (RORX.RO), of strategic importance for the Romanian aerospace and defense industries, posted a loss of RON24.1 million in the first half of 2020, compar...

Oana Gavrila · 30.09.2020 · 18:42 · 1 min
Foreign Direct Investment in Romania Reached EUR5.17B in 2019
Analysis

Foreign Direct Investment in Romania Reached EUR5.17B in 2019

Romania attracted foreign direct investments totaling EUR5.17 billion in 2019, of which EUR2.2 billion equity and EUR2.8 billion reinvested earnings, and total FDI stock reached EUR88.3 bill...

Oana Gavrila · 30.09.2020 · 16:12 · 1 min
Social/Politics

Romanian Government Plans New Budget Revision by Year-End

Romania's liberal government is planning a new budget revision by the end of this year and the 2021 state budget will be approved by the future government, as the country holds parliamentary...

Oana Gavrila · 30.09.2020 · 15:02 · 1 min