Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
EasySales Integrates Vivre Platform Access for Merchants
Local startup easySales, which set up a B2B platform for automating and centralizing e-commerce activities, announced it has integrated merchant access to online furniture and home décor ret...
Porsche Engineering Opens Second Romanian Office in Timisoara
Porsche's local engineering division will be opening a second office in Romania, in Timisoara, after the one established in 2016 in Cluj-Napoca.
Safetech Innovations Seeks Capital Hike for Expansion into UK, US
Romanian cybersecurity company SafeTech Innovations (SAFE.RO) seeks to raise RON8 million from stock market investors through a share capital increase.
Romania Current Account Gap Doubles to EUR4.71B in Jan-Apr
Romania's current account balance posted a deficit of EUR4.71 billion in the first four months of 2021, compared with a deficit of EUR2.274 billion in the same period in 2020, central bank d...
BlackPeak Capital Attracts EUR68.5M in First Financing Round For Its Southeast Europe Fund
BlackPeak Capital, a private equity firm focused on investing growth equity in Southeast Europe, successfully completed first closing at EUR68.5 million of its target EUR120 million BlackPea...
Metaminds Posts 20% Growth in Net Profit in 2020, to RON8.9M
Metaminds, an integrator of cybersecurity solutions and complex IT solutions, had a turnover of RON156 million in 2020, up 23% on the year, while its net profit grew 20%, to RON8.9 million,...
Local Food Delivery Startup LifeBox Expands to Hungary
Romanian startup LifeBox, founded by Radu Balaceanu, Florin Scarlat, and Lukasz Kuzniar, is expanding outside Romania and enters the healthy food delivery in Hungary under the brand FrissBox...
Pork Prices Seen Rising 25% in 2021 as Swine Fever Boosts Imports
Pork producers expect prices will grow 25% this year compared with 2020 as African swine fever dwindles local production boosting imports, and the cost of animal feed recorded double-digit g...
Paval Holding Buys 5.3% in Transport Trade Services
Paval Holding, the financial investment vehicle of brothers Adrian and Dragos Paval – who own DYI retail chain Dedeman, has acquired 5.3% in river freight transporter Transport Trade Service...
Raiko Transilvania Turnover Grows 28% in 2020, to RON6M
Rainwater and roofing systems manufacturer Raiko Transilvania (RKOT.RO) had a turnover of RON6 million in 2020, up 28% on the year, and a net profit of RON373,737, up 70% on the year, it sai...
Continental Closes ContiTech Factory in Arad, Relocates Production
German automotive group Continental will be shutting down its ContiTech factory in Nadab, Arad county in western Romania, and will relocate production to Carei, Satu Mare in northern Romania...
Evergent Investments Starts Paying RON42M Dividends Friday
Evergent Investments (EVER.RO), formerly SIF Moldova, said Thursday it was starting paying dividends from last year's earnings on Friday, June 11.