Romania | News
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ZF English - 06:26 Aug 09, 2021
Angst group, one the largest meat processors in Romania, has three small specialist stores under its own brand operational at the moment and plans to continue development. -
ZF English - 08:31 Aug 05, 2021
Romania ranks seventh in the EU in terms of beer production, with 1.7 billion litres in 2020, namely 5% of European production volumes. -
ZF English - 07:17 Aug 05, 2021
The biggest delivery companies in Romania, Glovo, Bringo, Tazz by eMAG and FoodPanda, last year generated turnover worth close to RON240 million. -
ZF English - 10:58 Aug 04, 2021
Companies owning retail parks in Romania saw their turnover slide by just 9.5% in 2020, compared with a 20.6% decline for shopping malls, per a report by real estate consulting firm Cushman & Wakefield Echinox, which considered the financial results of over 60 modern retail projects. -
ZF English - 06:00 Aug 04, 2021
Romania’s ice cream production decreased by more than 17% to merely 34.02 million liters last year from 41.36 million liters in 2019, Eurostat data show. The country was behind Finland and Lithuania, which made 45.19 million liters and 46.79 million liters. -
ZF English - 06:00 Aug 04, 2021
Romania was and still is one of the most important footwear manufacturers of Europe, but exports shrank a lot in 2019 and especially in 2020. -
ZF English - 11:23 Aug 03, 2021
The mergers and acquisitions (M&A) market in Romania totaled EUR1.8 billion in the first half of 2021, for 83 transactions announced, a PwC Romania analysis for Romania’s M&A market showed Tuesday. -
ZF English - 08:44 Aug 03, 2021
South-African investment fund NEPI Rockcastle, the leading investor and developer of retail properties in Central and Eastern Europe and the largest shopping mall owner in Romania, targets investments of EUR140 million until the end of 2021, for development and capital expenditure related to ongoing projects. -
ZF English - 17:55 Aug 02, 2021
Swedish-held fashion retailer H&M posted SEK 1.046 billion (EUR102 million) sales in Romania in the first half (December 1 – May 31) of this year, an increase of 19% on the year-ago period. -
ZF English - 13:18 Aug 02, 2021
Romania’s Competition Council is looking into a transaction whereby health insurer Signal Iduna Asigurare Reasigurare S.A. plans to acquire insurance companies Ergo Asigurari S.A. and Ergo Asigurari de Viata S.A. -
ZF English - 08:45 Aug 02, 2021
Volker Raffel has taken over the position of Chief Executive Officer (CEO) of natural gas and electricity supplier E.ON Romania, a member of Germany utility group E.ON, effective August 1, 2021. -
ZF English - 06:00 Jul 30, 2021
Romania’s 20 largest builders posted RON657 million profit together last year, almost double the 2019 level, ZF has found from the data centralized for the 2021 edition of the “Cei mai mari jucatori din economie” (Key players in the economy) yearbook. -
ZF English - 14:45 Jul 29, 2021
Romania’s value-added tax (VAT) collections stood at RON36 billion in the first half of 2021, a record high in nominal terms, according to the budget execution released by the finance ministry on Thursday. -
ZF English - 13:29 Jul 29, 2021
Romania’s land market is one of the most active in the real estate sector, which is confirmed by a nearly 10% price increase in the first half of 2021, compared with 2020, with prices being expected to grow 10% until the end of 2021, according to Crosspoint Real Estate. -
ZF English - 06:00 Jul 29, 2021
The largest 20 owners of land own 248,683 hectares or 2.5% of Romania’s arable land, Romania’s Agency for Payments and Intervention in Agriculture (APIA) data show. -
ZF English - 10:24 Jul 27, 2021
Investment funds cashed just EUR44 million in 2020 from the exits conducted in Romania, the lowest amount since 2014, per data from the Invest Europe-EDC reports drawn up in partnership with law firm Gide. -
ZF English - 07:12 Jul 23, 2021
The residential development of Romania’s top cities is uneven, as the latest publicly available information from the National Statistics Institute show. -
ZF English - 08:07 Jul 22, 2021
Preliminary estimates point to Romania’s wheat production reaching a record high of 12 million tons or EUR2.3 billion, with high yields in the west of the country and good harvests in the other regions. -
ZF English - 07:32 Jul 22, 2021
Allianz-Tiriac, the third largest insurer in Romania, ended 2020 with RON153.8 million net profit, 1.3% higher than in 2019, which makes it the most profitable insurer of all general and life insurance companies in the country. -
ZF English - 11:20 Jul 19, 2021
The total value of transactions with commercial real estate assets in Romania, which include office, retail, industrial and logistics space, as well as hotels, reached EUR298 million in the first half of 2021, a 23% decrease compared with the year-ago period, a report by real estate consultant Cushman & Wakefield Echinox says.