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Oana Gavrila

Fields
Banks-Insurance, Companies, Social/Politics
Writing for ZF since
2011
Articles
8.731
Trading Value on Bucharest Stock Exchange Grows 5% in Jan-July, to EUR1.38B
Capital Market

Trading Value on Bucharest Stock Exchange Grows 5% in Jan-July, to EUR1.38B

The total trading value for all the financial instruments traded on the Bucharest Stock Exchange in the first seven months of the year stood at RON6.67 billion, or EUR1.38 billion, up 5% fro...

Oana Gavrila · 18.08.2020 · 17:11 · 1 min
Brinel Turnover Flat at RON200M in 2019
Companies

Brinel Turnover Flat at RON200M in 2019

Cluj-based IT systems integrator Brinel, part of French group SNEF, said its turnover stood at over RON200 million in 2019, similar to the level in 2018.

Oana Gavrila · 18.08.2020 · 16:17 · 1 min
Artego Posts 30% Decline in Sales, 27% Drop in Profit in 1H
Companies

Artego Posts 30% Decline in Sales, 27% Drop in Profit in 1H

Romanian conveyor belt maker Artego Targu-Jiu (ARTE.RO) said Monday its net profit turnover dropped 30% in the first half of 2020, to RON57 million, and its net profit dropped 27%, to RON3.7...

Oana Gavrila · 17.08.2020 · 16:59 · 1 min
Romania Raises RON124.5M Selling Sept 2031 Bonds at 4.19% Average Yield
Banks-Insurance

Romania Raises RON124.5M Selling Sept 2031 Bonds at 4.19% Average Yield

Romania's finance ministry on Monday raised 124.5 million lei (EUR25.7 million) versus its RON200 million target selling bonds maturing in September 2031 at an average yield of 4.19%, centra...

Oana Gavrila · 17.08.2020 · 16:25 · 1 min
ING Bank Romania Posts 4% Hike in Revenue, 17% Decline in Profit in 1H
Banks-Insurance

ING Bank Romania Posts 4% Hike in Revenue, 17% Decline in Profit in 1H

Lender ING Bank Romania on Monday said its revenues grew 4% in the first six months of 2020, to RON1.05 billion, while its net profit declined 17% on the year, to RON320 million.

Oana Gavrila · 17.08.2020 · 13:47 · 1 min
Aerostar Bacau Net Profit Grows 11% in 1H, to RON31.7M
Companies

Aerostar Bacau Net Profit Grows 11% in 1H, to RON31.7M

Romanian aircraft construction and repair firm Aerostar Bacau (ARS.RO) on Friday reported a net profit of RON31.7 million for the first half of 2020, up 11,6% on the year.

Oana Gavrila · 14.08.2020 · 14:11 · 1 min
ING Bank: Romania's Economic Rebound Looks Slower Than Expected
Analysis

ING Bank: Romania's Economic Rebound Looks Slower Than Expected

Romania's second-quarter GDP contraction of 12.3% compared with the first quarter was broadly in line in market expectations and while the data are mildly positive, ING Bank maintains its 5....

Oana Gavrila · 14.08.2020 · 13:59 · 1 min
MedLife Group Net Profit Up 4.4% in 1H, to RON10.9M
Companies

MedLife Group Net Profit Up 4.4% in 1H, to RON10.9M

MedLife Group (M.RO), the leading private medical services operator in Romania, on Friday reported a net profit of RON10.9 million for the first half of 2020, up 4.4% on the year.

Oana Gavrila · 14.08.2020 · 12:31 · 1 min
Transelectrica Net Profit Almost Quadruples in 1H, to RON116M
Energy

Transelectrica Net Profit Almost Quadruples in 1H, to RON116M

Romanian state-owned power grid operator Transelectrica (TEL.RO) on Friday reported a net profit of RON116 million in the first half of 220, nearly four times higher compared with the RON30...

Oana Gavrila · 14.08.2020 · 12:17 · 1 min
Digi Communications Posts EUR41M Loss in 1H/2020
Companies

Digi Communications Posts EUR41M Loss in 1H/2020

Telecommunications operator Digi Communications (DIGI.RO), with operations in Romania, Hungary, Spain and Italy, on Friday reported a loss of EUR41 million for the first half of 2020, compar...

Oana Gavrila · 14.08.2020 · 12:02 · 1 min
Romgaz Net Profit Drops 47% in 2Q, to RON229M
Energy

Romgaz Net Profit Drops 47% in 2Q, to RON229M

Romania's state-owned natural gas producer Romgaz Medias (SNG.RO) on Friday reported a net profit of RON229 million for the second quarter of 2020, down 47% on the year.

Oana Gavrila · 14.08.2020 · 11:22 · 1 min
Romanian Government To Raise Pensions By 14% Despite Economic Downturn
Macroeconomics

Romanian Government To Raise Pensions By 14% Despite Economic Downturn

Romania's liberal government plans to raise pensions by 14% this year through a budget revision decree it will debate Friday, prime minister Ludovic Orban said.

Oana Gavrila · 14.08.2020 · 11:13 · 1 min