ZF English
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http://www.zfenglish.com
Found 16624 news
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ZF English - 08:58 Jul 12, 2024
A year after the biggest listing in the history of the Bucharest Stock Exchange, the EUR2 billion one of Hidroelectrica (H2O), Bogdan Badea, chief investment officer at the green energy producer, says the company will announce new investment projects in the coming period. -
ZF English - 08:21 Jul 12, 2024
Monsson, the main green energy developer in Romania, controlled by businessman Emanuel Muntmark, has sealed an agreement with Nala Renewables, a joint venture between Trafigura Group, a major independent commodity trader globally, and investment fund IFM Net Zero Infrastructure Fund, for the sale of a 61 MW photovoltaic park in Caras-Severin county. -
ZF English - 07:44 Jul 12, 2024
Romania’s industrial production shrank by 11.1% in May 2024 against the same month of 2023, in unadjusted data, amid declines registered by production and supply of electricity, steam, gas and air conditioning (-12.1%), processing industry (-11.5%) and mining industry (-1.8%), data from the country’s statistics board INS showed on Friday, July 12, 2024. -
ZF English - 07:26 Jul 12, 2024
The average net salary in Romania went down by 1.9% (RON99) in May 2024 compared to April 2024, to RON5,118, data from the country’s statistics board INS showed on Friday, July 12, 2024. -
ZF English - 06:41 Jul 12, 2024
Arobs representatives will continue to grow the group via acquisitions, but also through organic expansion, Voicu Oprean, Arobs CEO, told ZF. -
ZF English - 06:25 Jul 12, 2024
Viorica Cosmetic Romania, a cosmetics producer of the Republic of Moldova, with 12 own brand stores locally, ended 2023 with turnover of almost RON11 million, double the 2022 level. However, losses also doubled to almost RON5 million. -
ZF English - 06:15 Jul 12, 2024
The retail sector continues to be appealing both to major investors, with investment funds willing to develop projects of hundreds of million euros, and for Romanian ones, who increasingly choose to develop retail schemes in secondary or tertiary cities. -
ZF English - 20:46 Jul 11, 2024
Computer and electronics retailer Altex and furniture manufacturer and retailer Mobexpert are teaming up for a EUR16 million to EUR17 million project to be developed in the Pallady area in the east of Bucharest. -
ZF English - 20:11 Jul 11, 2024
The year 2023 came with a number of changes in the dairy industry. Danone reached the RON1 billion mark for the first time, something Albalact had done the year before, but the growth rate of Danone’s revenue was double Albalact’s last year. -
ZF English - 19:24 Jul 11, 2024
Food supplements and tea producer Dacia Plant, ended 2023 with a turnover of almost RON83 million, up 10% on the year, but its profit shrank 15% on the year to RON17.1 million, as per public data from the finance ministry. -
ZF English - 18:51 Jul 11, 2024
Turism Felix (TUFE.RO, which manages five hotels in Baile Felix, Bihor County, has signed letters of intent to enter final negotiations with two international hotel chains to affiliate three of its hotels, it said in a report to the Bucharest Stock Exchange. -
ZF English - 17:50 Jul 11, 2024
Grampet Group, the largest private railway group and logistics operator in Romania and in the Central and Southeastern Europe, is making a number of changes to the management team, including appointing Gruia Stoica chairman of the board of one of the member companies, Reloc Craiova. -
ZF English - 17:04 Jul 11, 2024
Romania's Finance Ministry raised RON1.92 billion from banks on Thursday (July 11), selling government paper in two auctions, at annual average yields of 6.31% and 6.83%, respectively. -
ZF English - 16:38 Jul 11, 2024
French-held retailer Carrefour is opening two hypermarkets in Constanta, following the integration and rebranding of several Cora stores. -
ZF English - 16:01 Jul 11, 2024
Vectr Holdings, through its subsidiary Vectr Realty, has acquired 100% shares of the company that owns The Landmark office building, and the move is part of Vectr Holdings’ growth plans in Romania. -
ZF English - 12:52 Jul 11, 2024
The first half of 2024 saw real estate transactions in Romania totaling EUR419 million, more than double the amount recorded in the same period of 2023, Colliers Romania experts said in their market report for the first half of 2024, set to be released at the end of July. -
ZF English - 12:38 Jul 11, 2024
Aqurate, a local startup that has developed an AI-powered SaaS platform for ecommerce data analysis, aims to raise a new seed funding round to step up the development of the project and regional expansion, according to its representatives. -
ZF English - 12:34 Jul 11, 2024
OVES Enterprise, a Romanian software development company and drone manufacturer, has announced the acquisition of a minority stake in MXT Creation, a provider of end-to-end solutions for embedded hardware products, and is thus entering a new field of activity - the printed circuit board (PCB) production, company representatives said in a press statement on July 11. -
ZF English - 12:29 Jul 11, 2024
Early Game has invested EUR900,000 in Relock, a cybersecurity startup created by Polish founders that develops a new API protection technology, as part of a pre-seed round. -
ZF English - 11:58 Jul 11, 2024
Computer and electronics retailer Altex, held by entrepreneur Dan Ostahie, and furniture retailer Mobexpert, held by Dan Sucu, will be jointly launching a new store concept, along with the inauguration of a products and services center planned for summer 2025.
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