ZF English
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http://www.zfenglish.com
Found 21709 news
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ZF English - 09:29 Jan 29, 2021
Fiscal facilities and the closure of courts due to pandemic restrictions led to a 42% drop in high-impact companies that accessed insolvency, from 139 in 2019 to 80 in 2020), according to an analysis by CITR, the leading insolvency practice company, part of Impetum Group. -
ZF English - 08:28 Jan 29, 2021
Mortgage loan volume went up by more than 9.8% or RON8 billion to RON89 billion lei year-on-year in 2020, and lenders offset the decline in consumer loans with the higher sales for buying a home. -
ZF English - 07:50 Jan 29, 2021
Fast moving consumer goods distributor Bere Bauturi Bucuresti (whose customers included Heineken and Coca-Cola), Midocar (the first importer of Volkswagen and Audi in Romania) and wire maker Dan Steel Beclean are the biggest insolvencies of 2020, a year when the Covid-19 pandemic hit many sectors of the economy. -
ZF English - 18:15 Jan 28, 2021
Construction material manufacturer Joris Ide, held by Kingspan Group, targets investments of nearly EUR15 million in Romania until 2024. -
ZF English - 17:40 Jan 28, 2021
Regional investment fund SIF Moldova (SIF2.RO) said in a stock market announcement on Thursday that it received from SAI Atlas Asset Management SA the notification on exceeding the 5% holding threshold of the voting rights of SIF Moldova. -
ZF English - 16:59 Jan 28, 2021
Fashion House Pallady, the latest fashion house outlet developed by Belgian real estate developer Liebrecht & wooD in eastern Bucharest, in the commune of Fundeni, will open on March 25, following a total investment of over EUR25 million. -
ZF English - 15:39 Jan 28, 2021
Bucharest’s two international airports, Henri Coanda (Otopeni) and Baneasa-Aurel Vlaicu, registered a 69.7% decline in traffic on the year to 4,468,906 million passengers in 2020, against the backdrop of the COVID-19 pandemic, the Bucharest National Airport Company (CNAB) said Thursday. -
ZF English - 14:12 Jan 28, 2021
Romanian state-owned lender CEC Bank is launching a personal loan with a fixed interest rate of 10.40% per year, which can be contracted exclusively online, without making any trips to the bank, via the CEC_IN platform. -
ZF English - 13:28 Jan 28, 2021
Shareholders of Romanian regional investment fund SIF Moldova (SIF2.RO), which is changing its name to Evergent Investment, on Thursday (Jan 28, 2021) elected a new Board of Directors, for a four-year term, from April 5, 2021 until April 5, 2025. -
ZF English - 12:24 Jan 28, 2021
Romania's leading electronics retailer Altex wants all stores, logistics parks and entities in its group to produce and use renewable energy, with the installation of solar panels, and total investments to this end have exceeded EUR1 million so far. -
ZF English - 10:48 Jan 28, 2021
Romania was one of the busiest markets in Central and Eastern Europe in terms of banking sector mergers and acquisitions, with three transactions in 2020, according to the Deloitte CEE Banking M&A study released Thursday. -
ZF English - 09:52 Jan 28, 2021
The pandemic brought a new trend in logistics as companies start to prefer smaller, local spaces to large, regional hubs, particularly in the retail/FMCG sector, Vlad Mustata, Associate Industrial Agency at Colliers International, told Ziarul Financiar in an interview. -
ZF English - 09:34 Jan 28, 2021
Romania's government late Wednesday approved the norms extending a nine-month moratorium on bank loan repayments for debtors affected by the pandemic, after the previous moratorium expired at the end of 2020. -
ZF English - 09:25 Jan 28, 2021
Globalworth, the biggest office owner in Romania, has signed a leasing contract for Globalworth Square with global software service company Wipro, which will occupy 11,000 square meters. -
ZF English - 09:18 Jan 28, 2021
Home appliances manufacturer Electrolux, which owns a plant in Satu Mare in Romania, posted growth again in 2020, despite the Covid-19 pandemic that wreaked havoc in the economy. -
ZF English - 09:00 Jan 28, 2021
The property investment volume in Romania in 2020 is estimated at EUR900 million, 30% higher compared with 2019, real estate consultancy company JLL said in a report Thursday. -
ZF English - 08:43 Jan 28, 2021
Deliveries contributed more than 20% to the revenue of restaurants, coffee and cake shops, so Romanian consumers spent about EUR500 million in 2020 to get the food, coffee and cakes they would previously eat when going out delivered to their homes. -
ZF English - 08:29 Jan 28, 2021
Romania's general consolidated budget posted a deficit of RON101.92 billion in 2020, or 9.79% of the gross domestic product, finance ministry data showed. -
ZF English - 08:09 Jan 28, 2021
The loan volume was lower than the savings consumers and companies kept in banks in 2020, as the loan growth rate slowed down, and the speed of deposits is more than double the increase in loans. -
ZF English - 08:05 Jan 28, 2021
Romania's gross domestic product grew 4.1% in real terms in 2019 compared with 2018, semi-final data from the country's statistics board confirmed Thursday.
21709 items