Translator RO-EN
Oana Gavrila
- Fields
- Banks-Insurance, Companies, Social/Politics
- Writing for ZF since
- 2011
- Articles
- 8.731
Raiffeisen Bank Profit Falls 27% in 1H, to RON280M
Lender Raiffeisen Bank said Tuesday it recorded a net profit of RON280 million in the first half of 2020, down 27% compared with the same period in 2019, impacted by the COVID-19 pandemic.
Lidl Opens Two New Stores, Reaches 272 Units in Romania
German-held discount grocery retailer Lidl is opening two new stores in Romania, in Gherla, Cluj county, and Marghita, Bihor county.
Cisco Appoints Paul Maravei as General Manager of Cisco Romania
US tech giant Cisco has appointed Paul Maravei as new general manager of Cisco Romania starting August 1 as Dorin Pena has been promoted to regional level after almost seven years in this po...
Colliers: Retail Sector Generates 50% of Industrial & Logistics Space Deals in 1H/2020
Total demand for industrial and logistics space reached 249,000 sqm in the first half of the year, roughly unchanged compared with the same period last year, as retail and FMCG companies gen...
Blue Air Extends Operations in Italy
Romanian private airline Blue Air said Tuesday it was expanding its operations in Italy by allocating an extra aircraft to its base in Turin as of September 2020 and introducing three new ro...
Arcadia Clinics Top RON100M Turnover in 2019
Iasi-based medical group Arcadia, which operates several clinics and a hospital, owned by the local Fiterman family, posted a consolidated turnover of RON106.6 million in 2019, up 13% on the...
Leroy Merlin Targets EUR1B Sales in Romania in Upcoming Years
French-held DIY retailer Leroy Merlin will be opening a new store in Romania on August 21, in Bucharest, its 18th unit on the local market, and targets EUR1B sales in the next few years.
Romania Average Net Salary Grows 3.7% on Month in June
The average net salary in Romania grew 3.7% in nominal terms in June compared with May, to 3,298 lei (around EUR682), data from the country's statistics board showed Tuesday.
Ringier Romania Becomes Sole Owner of Imobiliare.ro, Appoints New CEO
Media group Ringier has become the sole owner of real estate platform imobiliare.ro after buying out founders Adrian Erimescu, Ciprian Gheran and Radu Andrei.
Romanian Airline Tarom To Slash Up To 700 Jobs
Romanian state-owned airline Tarom plans to slash up to 700 jobs in a restructuring process that is set to start in two weeks, as the company's revenues plummeted due to the coronavirus cris...
Otter Distribution Opens Second Tezyo Store in Targu Mures
Otter Distribution, one of the largest players on the local footwear retail market, has opened its second Tezyo store in Targu Mures, after an investment estimated at EUR104,000.
Romania Raises RON201M Selling Oct 2030 Bonds at 3.94% Average Yield
Romania's finance ministry on Monday raised 201 million lei (EUR41.5 million) selling treasury bonds maturing in October 2030 at an average yield of 3.94% and a maximum yield of 3.96%, centr...