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Oana Gavrila

Fields
Banks-Insurance, Companies, Social/Politics
Writing for ZF since
2011
Articles
8.731
Private Consumption, Industry Drive Romania's 2Q GDP Decline
Macroeconomics

Private Consumption, Industry Drive Romania's 2Q GDP Decline

Romania's gross domestic product contracted 10.5% on the year in the second quarter and 12.3% compared with the first quarter, breakdown data from the country's statistics board showed Tuesd...

Oana Gavrila · 08.09.2020 · 09:47 · 1 min
Romania Average Net Salary Grows 2.2% on Month in July
Macroeconomics

Romania Average Net Salary Grows 2.2% on Month in July

The average net salary in Romania grew 2.2% in nominal terms in July compared with June, to 3,372 lei (around EUR694), data from the country's statistics board showed Tuesday.

Oana Gavrila · 08.09.2020 · 09:14 · 1 min
GfK: FMCG Market Grows 15% in Value in 1H
Retail&Consumer

GfK: FMCG Market Grows 15% in Value in 1H

Romania's fast moving consumer goods market grew 12% on the year in value in the first half of 2020, a report by GfK showed Monday.

Oana Gavrila · 07.09.2020 · 13:33 · 1 min
Dacia Unveils All-New Sandero, Sandero Stepway and Logan Models
Automotive

Dacia Unveils All-New Sandero, Sandero Stepway and Logan Models

Romanian carmaker Dacia, owned by France's Renault, Dacia unveils all-new Sandero, Sandero Stepway and Logan, third generation models with completely new, reinvented designs.

Oana Gavrila · 07.09.2020 · 11:51 · 2 min
SIF Banat-Crisana Buys IMGB Platform
Companies

SIF Banat-Crisana Buys IMGB Platform

Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) said Monday it has acquired 99.9% of industrial platform IMGB in Bucharest, the biggest heavy equipment producer during the comm...

Oana Gavrila · 07.09.2020 · 10:26 · 1 min
CEC Bank Appoints Mirela Calugareanu as Board Chairwoman
Banks-Insurance

CEC Bank Appoints Mirela Calugareanu as Board Chairwoman

State-owned lender CEC Bank has appointed Mirela Calugareanu, a non-executive member of the board of directors since 2017, to the position of board chairwoman.

Oana Gavrila · 04.09.2020 · 16:23 · 1 min
Purcari Wineries Seeks to Buy Back 120,000 Own Shares
Capital Market

Purcari Wineries Seeks to Buy Back 120,000 Own Shares

Winemaker Purcari Wineries (WINE.RO) starts a buyback program on September 7 seeking to buy 120,000 of its own shares, as decided by shareholders end-April.

Oana Gavrila · 04.09.2020 · 15:11 · 1 min
TMK Artrom To Leave Bucharest Stock Market on Sept 7
Companies

TMK Artrom To Leave Bucharest Stock Market on Sept 7

Industrial pipe manufacturer TMK Artrom Slatina (ART.RO), listed on the Bucharest Stock Exchange since 1995, will be leaving the stock market on September 7, the market supervisory body anno...

Oana Gavrila · 04.09.2020 · 14:19 · 1 min
Groupe Renault to Develop Organization around Its Brands; Dacia Becomes Autonomous
Companies

Groupe Renault to Develop Organization around Its Brands; Dacia Becomes Autonomous

France's Groupe Renault announced Thursday a plan to develop its organization around its brands,grouping them mainly into four business units – Renault, Dacia, Alpine and New Mobility.

Oana Gavrila · 03.09.2020 · 18:11 · 1 min
Turkey's TC Capital Buys 6,550 Ha Farm in Western Romania for EUR23.5M
Retail&Consumer

Turkey's TC Capital Buys 6,550 Ha Farm in Western Romania for EUR23.5M

Turkish private equity firm TC Capital is investing EUR23.5 million in acquiring a grain and oil-seed farm in Buzias, Timis county, western Romania.

Oana Gavrila · 03.09.2020 · 16:52 · 1 min
NEPI Willing to Buy Romexpo Land in Bucharest
Real Estate

NEPI Willing to Buy Romexpo Land in Bucharest

South-African investment fund NEPI, the biggest shopping mall owner in Romania, said it was willing to buy the 46-hectare land at Romexpo in Bucharest, which the parliament assigned for free...

Oana Gavrila · 03.09.2020 · 16:41 · 1 min
Banks-Insurance

Romania Raises Over RON1.4B Selling 1-Year Bills and 5-Year Bonds

Romania's finance ministry on Thursday raised a planned RON400 million selling one-year treasury bills and a more than planned RON1.026 billion selling bonds maturing in July 2025, central b...

Oana Gavrila · 03.09.2020 · 16:22 · 1 min