Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
Rompetrol Develops New Product for Protective Medical Masks
Rompetrol Rafinare said Tuesday its petrochemical division has successfully developed a a special type of polypropylene dedicated to protective medical masks.
Testronic Acquires Romanian-Based Whyttest
Whyttest, a QA and customer support business with sites based in Romania and Serbia, founded by Marius Potirniche in 2014, has been acquired by Testronic Laboratories Limited, a gaming indus...
Uniqa Posts EUR3.5M Profit in Romania in 1H/2020
Austrian insurance group Uniqa, which owns general insurance company Uniqa Asigurari and life insurance company Uniqa Asigurari de Viata in Romania, reported a net profit of EUR3.5 million f...
Romania Private Lending Grows 0.8% on Month in July
Private lending in Romania grew 0.8% in both nominal and real terms in July compared with June, to RON272 billion, central bank data showed Tuesday.
Leier Group Invests EUR25M in Two New Concrete Plants in Romania
Austrian Leier group, which bought Brikston and Siceram in Romania, said Monday it was investing over EUR25 million in two concrete manufacturing plants in counties Cluj and Arad.
ROCA Investments Buys into BICO Industries
ROCA Investments, part of Impetum Group, said Monday it has invested in fiber glass producer BICO Industries, which has a 35% market share locally and 5% in Europe.
SIF Oltenia Repays RON29M Loan to Banca Transilvania
Romanian regional investment fund SIF Oltenia (SIF5.RO) said Thursday it has repaid early a RON30 million loan from Banca Transilvania that was due in December 2020.
Sphera Opens KFC Restaurant in Targoviste's Dambovita Mall
Sphera Group (SFG.RO), the franchise operator of KFC, Pizza Hut and Taco Bell restaurants in Romania, said Thursday it has opened a new KFC restaurant in the Dambovita Mall shopping center i...
ING Bank Triples Guarantee Cap for SME Invest Lending Program
ING Bank Romania has requested additional guarantee funding for loans under the government-backed SME Invest program for businesses after approving a high volume of loans and has tripled its...
Calik Enerji Turkey Appointed General Contractor for Petromidia New Cogeneration Plant
Turkey's Calik Enerji has been designated as general contractor for the construction of a new cogeneration plant at Petromidia refinery, a project amounting to $148 million, under a contract...
Hospitality Industry Sees 60% Drop in Sales
The local restaurant industry, one of the most affected by the Covid-19 pandemic, currently allowed only open-air serving and food delivery, has recorded a 60% drop in sales compared with 20...
EY Romania: Despite Capital Market Benefits, Romanian Entrepreneurs Prefer Bank Financing
The COVID-19 pandemic drove IPO activity down in the first half of 2020 but a notable rebound is expected in the second half, according to the EY Global IPO trends quarterly report released...