Romania | News
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ZF English - 07:29 Dec 23, 2020
The number of pretzel, pastry and doughnut shops in Romania has increased six times to 3,800 since 2009, ZF has calculated from the data of the country’s National Sanitary Veterinary and Food Safety Authority (ANSVSA). -
ZF English - 09:13 Dec 22, 2020
Perfume and cosmetics retailer Douglas, which arrived in Romania in 2007, has grown to 33 stores in the country after having opened three new stores this year. -
ZF English - 19:09 Dec 15, 2020
Romania's economy may perform better in the last quarter of 2020 compared to the EU average, as a result of the dissipation of the basic effects induced by the agricultural sector, Csaba Bálint, member of the Executive Board of Romania’s central bank, said Tuesday. -
ZF English - 08:35 Dec 15, 2020
The revenue of Romania’s automotive industry shrank by 15% from more than EUR30 billion in 2019 to some EUR25 billion this year, data from Romania’s carmaker association ACAROM shows. -
ZF English - 09:06 Dec 14, 2020
Scandinavian furniture and home décor retailer JYSK opens its second store in Sibiu and 95th in Romania on Thursday, December 17. -
ZF English - 08:40 Dec 10, 2020
UK online fashion giant Asos works with 191 plants in Europe, one third of which in Romania. -
ZF English - 07:30 Dec 03, 2020
Germany, France and Italy were the top three export destinations for Romania’s furniture production in January-July 2020, data from Romania’s association of furniture manufacturers APMR show. -
ZF English - 14:07 Dec 02, 2020
Swedish safety group Holmbergs, which supplies safety systems for child safety seats, will be relocating a part of its production in Hungary and Lithuania To Romania, after having recently acquired Romanian company Te-Rox Prod. -
ZF English - 07:34 Nov 30, 2020
Romania has the lowest market share for its locally produced drugs in Central and Eastern Europe, as the „made in Romania” products only account for 8% of the medicine purchases of Romanian consumers, market research company Iqvia data shows cited by Dragos Damian, CEO of pharmaceutical producer Terapia Cluj. -
ZF English - 07:35 Nov 26, 2020
Most major banks in Romania posted lower profits in the first nine months compared with the year-ago period, due to the effects of the pandemic, which forced them to set aside larger provisions. -
ZF English - 14:12 Nov 25, 2020
In Romania 46% of investors cancelled, decreased or paused investments, while 51% did no changes or increase in their investment plans, according to the EY Attractiveness Survey Romania, the first EY attractiveness survey dedicated to the Romanian market. -
ZF English - 11:28 Nov 24, 2020
Romania is represented with 58 companies, fewer by three firms than in the previous year, in a ranking of 500 largest companies in Central and Eastern Europe (CEE) by turnover in 2019, compiled by Coface rating agency, placing the country fourth in the region. -
ZF English - 07:53 Nov 23, 2020
Poland’s fashion group LPP, which has the Reserved, Cropp, House, Mohito and Sinsay brands, has 66 stores in Romania out of the almost 1,800 physical stores in 25 countries of the 38 it operates in. -
ZF English - 07:37 Nov 23, 2020
Banks operating in Romania had 3,879 branches and offices, while the number of employees went down to 52,757 in the first nine months, Romania’s central bank data show. -
ZF English - 08:57 Nov 20, 2020
The International Monetary fund has appointed Jan Kees Martijn as the new mission chief for Romania, starting November 19, the representative office of the IMF said in a press release Friday. -
ZF English - 07:43 Nov 20, 2020
Robotic process automation developer UiPath remains the leader of the 100 most valuable companies in Romania ranking, a position it first took in 2019, followed by Hidroelectrica and OMV Petrom, which were on the top spot in two and 12 editions of the ranking. -
ZF English - 07:16 Nov 19, 2020
Banks in Romania posted about 4.7 billion lei profit in the first nine months of 2020, their assets reached a new high, while the loan-to-deposit and NPL ratios went down compared with the year-ago period. Solvency reached 22.7%, Romania’s central bank preliminary data show. -
ZF English - 16:08 Nov 18, 2020
Scandinavian furniture and home décor retailer JYSK is continuing its expansion in Romania, by opening a new 1,200-square meter store within the Nova Shopping Park retail complex in Turda (Cluj County), reaching 92 units in Romania. -
ZF English - 13:58 Nov 17, 2020
Car production in Romania reached 51,418 units in October 2020, 3.2% fewer than 53,119 units in October 2019, data from Romania’s carmakers association ACAROM showed Tuesday. -
ZF English - 08:30 Nov 17, 2020
Rompetrol majority holder KMG International, which owns the Petromidia refinery, announced Tuesday it intends to sell a range of non-core assets in Romania.