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Oana Gavrila

Fields
Banks-Insurance, Companies, Social/Politics
Writing for ZF since
2011
Articles
8.731
Elvila Returns to Profit in 1H/2020
Companies

Elvila Returns to Profit in 1H/2020

Furniture producer Elvila (ELV.RO), owned by businessman Viorel Catarama, ended the first half of 2020 with a net profit of RON3.45 million, compared with a loss of RON1.5 million in the sam...

Oana Gavrila · 30.09.2020 · 14:54 · 1 min
Holde Agri Starts Trading on Bucharest AeRO Market on Oct 1
Companies

Holde Agri Starts Trading on Bucharest AeRO Market on Oct 1

Holde Agri Invest, a Romanian company operating farmland, starts trading Thursday, October 1, on the the AeRO market of the Bucharest stock exchange under the ticker symbol HAI.

Oana Gavrila · 29.09.2020 · 18:18 · 1 min
FP Hopes Future Government Brings Hidroelectrica to the Stock Market in 2021
Capital Market

FP Hopes Future Government Brings Hidroelectrica to the Stock Market in 2021

Shares of Romania's Fondul Proprietatea (FP.RO) generated a return of 283% since stock market listing in January 2011 to end-August 2020, and its total distribution yield has been constantly...

Oana Gavrila · 29.09.2020 · 16:27 · 1 min
Wirecard Sells Romanian Operations to SIBS
Companies

Wirecard Sells Romanian Operations to SIBS

Insolvent German electronic payment processor Wirecard has sold all sold all shares in Wirecard Romania SA to the leading European payment service provider SIBS.

Oana Gavrila · 28.09.2020 · 18:13 · 1 min
Romania Raises RON621.3M Selling Nov 2024 Bonds at 3.2% Average Yield
Banks-Insurance

Romania Raises RON621.3M Selling Nov 2024 Bonds at 3.2% Average Yield

Romania's finance ministry on Monday raised 621.3 million lei (EUR127.5 million), slightly more than its RON600 million target, selling bonds maturing in November 2024 at an average yield of...

Oana Gavrila · 28.09.2020 · 16:19 · 1 min
EC Approves EUR550M of Cohesion Policy Funds to Support SMEs in Romania
Companies

EC Approves EUR550M of Cohesion Policy Funds to Support SMEs in Romania

The European Commission will redirect EUR550 million cohesion policy funding to help over 120,000 Romanian SMEs affected by the coronavirus crisis.

Oana Gavrila · 28.09.2020 · 16:10 · 1 min
Mandatory Home Insurance Policies Grow 3% in August, to 17.57 Million
Banks-Insurance

Mandatory Home Insurance Policies Grow 3% in August, to 17.57 Million

Mandatory home insurance (PAD) policies in Romania reached 17.57 million at the end of August, 3.1% more than in August 2019, the Pool of Insurance against Natural Disasters (PAID) said Mond...

Oana Gavrila · 28.09.2020 · 16:03 · 1 min
Romanian Regional Airports Get RON22M State Aid to Cover Pandemic Losses
Social/Politics

Romanian Regional Airports Get RON22M State Aid to Cover Pandemic Losses

Romania's regional airports in Cluj, Iasi, Sibiu, Craiova and Bacau will receive state aid totaling RON22.2 million to compensate for losses incurred in the period May-June due to pandemic-r...

Oana Gavrila · 25.09.2020 · 11:47 · 1 min
Romania Average Net Salary Grows 13% in 2019
Macroeconomics

Romania Average Net Salary Grows 13% in 2019

The net average salary in Romania grew 13% in 2019 compared with 2018, to 2,986 lei (around EUR612), data from the country's statistics board showed Friday.

Oana Gavrila · 25.09.2020 · 10:52 · 1 min
Romania Unemployment Rate Grows to 5.4% in 2Q/2020
Macroeconomics

Romania Unemployment Rate Grows to 5.4% in 2Q/2020

Romania's seasonally adjusted unemployment rate stood at 5.4% in the second quarter of 2020, from 4.3% in the first quarter, as lockdown measures during the second quarter impacted the labor...

Oana Gavrila · 25.09.2020 · 10:35 · 1 min
Analysts See Leu at 4.97/Euro in 12 Months
Analysis

Analysts See Leu at 4.97/Euro in 12 Months

Analysts polled by CFA Romania estimate the Romanian leu will depreciate to an average of 4.97 to the euro in the next 12 months, while inflation is expected to average 2.94%.

Oana Gavrila · 25.09.2020 · 10:28 · 1 min
Early Game Ventures Invests in Agricultural Tech Start-Up
Companies

Early Game Ventures Invests in Agricultural Tech Start-Up

Early Game Ventures (EGV), an early-stage venture capital firm announced Thursday it has invested in Meshine Tech, a start-up working on a platform analyzing data collected from agricultural...

Oana Gavrila · 24.09.2020 · 11:30 · 1 min