ZF English
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http://www.zfenglish.com
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ZF English - 06:27 Jun 18, 2025
Premium Aerotec, part of Airbus group, for 2024 reported turnover worth around RON617.9 million (EUR124.2 million), 34.9% higher than in 2023, in line with ZF calculations based on Finance Ministry data. -
ZF English - 03:00 Jun 18, 2025
Fabrica de Lapte Brasov, which produces and markets the Olympus range and is one of the largest dairy producers in Romania, estimates an increase in sales in 2025, both on the local market and internationally. -
ZF English - 03:00 Jun 18, 2025
Eliezer Prod, the producer of the Lunca Ilvei cheese brand, based in the town of the same name in Bistrita-Nasaud County, posted almost RON26.9 million (EUR5.4 million) revenue in 2024, up 14.7% from the previous year’s RON23.4 million (EUR4.7 million), according to ZF calculations based on Finance Ministry data. -
ZF English - 20:43 Jun 17, 2025
Celestica (Romania), the local subsidiary of the Canada’s Celestica Group, posted RON1.545 billion (EUIR310.6 million) revenue in 2024, down 21.4% from the previous year’s RON1.967 billion (EUR397.8 million), according to ZF calculations based on Finance Ministry data. -
ZF English - 19:45 Jun 17, 2025
Schrack Technik Romania, part of Austria’s Schrack Technik GMBH Group, one of the leading actors on the market of electrical installations and equipment, has invested about EUR15 million in the construction of a new logistics center in Domnesti, near Bucharest. -
ZF English - 17:03 Jun 17, 2025
MedLife, the largest private healthcare network in Romania, by turnover, has announced in a stock market report on June 17 the inauguration of the first fully automated laboratory in Brasov, following an investment of over EUR2 million. -
ZF English - 15:24 Jun 17, 2025
Law firm RTPR assisted Tensa Art Design and its shareholders, Daniel Craciun, Florin Nita and ATM Ventures, part of the Autonom Group, in getting an investment from OH Holding Limited, a company represented by entrepreneur Oleg Kalashnikov, founder of Luxoptica. -
ZF English - 14:35 Jun 17, 2025
Romanian state-run natural gas producer and supplier Romgaz (stock symbol: SNG) on June 16 made six term deposits with local lenders Exim Banca Romaneasca, Raiffeisen And Banca Transilvania, the company has announced in a report to the Bucharest Stock Exchange on June 17, 2025. -
ZF English - 12:30 Jun 17, 2025
Romania recorded the highest annual increase in hourly labor costs in the European Union (EU) in the first quarter of 2025, as per data released by Eurostat, the EU's statistical office. -
ZF English - 12:17 Jun 17, 2025
One out of four Romanian employees is dissatisfied with their salary, half of them expect salaries to stagnate in the next two years, and only 13% of companies would be willing to significantly raise salaries in the coming year, according to the survey “Salaries and benefits – balancing expectations and supply” conducted by Undelucram.ro at regional level. -
ZF English - 10:41 Jun 17, 2025
Although 60% of organizations in Romania are involved in AI (artificial intelligence) utilization, either through testing or adoption planning, only 11.2% have successfully implemented the technology, finds a recent study by EY on emerging technologies. -
ZF English - 08:28 Jun 17, 2025
Romania boasts the third fastest growth pace globally in terms of expenditure on dining out, after Turkmenistan and China, among almost 80 countries analyzed from Europe, Asia and North America, in line with Oxford Economics data quoted by Colliers. -
ZF English - 07:48 Jun 17, 2025
German group Hella, part of Forvia conglomerate, the world’s seventh largest car supplier, continues operational reshuffling in Romania and announces, according to some market sources, the shutdown of its Iasi software development center, less than two years after closing the similar unit of Oradea. -
ZF English - 07:28 Jun 17, 2025
Jasill group, active in the field of tax consulting, accounting, audit and HR services, has completed the takeover of Excelcont, one of Romania’s oldest accounting, audit and HR entrepreneurial firms. -
ZF English - 07:19 Jun 17, 2025
Romania telecom market in 2024 suddenly lost one of the companies part of the so-called “billionaires” club, with annual turnover of above RON1 billion, in line with Finance Ministry data. -
ZF English - 07:03 Jun 17, 2025
Private equity fund MidEuropa Partners is in advanced talks for a new acquisition in Romania, of a company that has an entrepreneur and an investment fund among shareholders. -
ZF English - 06:57 Jun 17, 2025
Tinervis Group, the company that operates pretzel shop chain Luca, controlled by entrepreneur George Adragai, in 2024 posted turnover worth RON617.1 million (EUR124 million), up 17.3% from 2023, in line with ZF calculations based on Finance Ministry data. -
ZF English - 06:51 Jun 17, 2025
Carmo-Lact Prod, the Bistrita-Nasaud-based company producing Monor brand, controlled by entrepreneurs Eugen Creosteanu, Ioan Neagos and Alin Neagos, for 2024 reported turnover worth RON293.7 million (EUR59 million), up 17.7% from 2023, in line with ZF calculations based on Finance Ministry data. -
ZF English - 06:45 Jun 17, 2025
Fitness center chain Stay Fit Gym, a leading local player on this market, continues rapid expansion and plans to reach 68 units by yearend, from 53 at present. -
ZF English - 19:39 Jun 16, 2025
Romanian Business Consult (RBC), the largest IT solutions integrator for the retail industry in Romania, ended last year with RON235.9 million (EUR47.4 million) revenue, up 20% compared with 2023, Finance Ministry data show.
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