ZF English
Source:
http://www.zfenglish.com
Found 19029 news
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ZF English - 21:21 Mar 03, 2025
Private investment firms Cerberus and Revetas are considering the sale of the Radisson Hotel on Calea Victoriei in Bucharest, after having sold the Landmark office space complex in the same city in 2024, market sources say.. -
ZF English - 21:06 Mar 03, 2025
Romania sold 67,000 tons of sweet biscuits in retail, worth a total of RON2.5 billion (EUR500 million), Euromonitor International data show. -
ZF English - 20:27 Mar 03, 2025
Braila-based apparel manufacturer Braiconf (stock symbol: BRCR) has announced it a stock market report that it recorded revenue of RON18.5 million in 2024, down 35% against the RON26 million level reported in 2023. -
ZF English - 20:09 Mar 03, 2025
Investment fund Vertical Group, held by several entrepreneurs, has reported in a stock market report on March 3 that it has exceeded the 5% holding threshold in Romanian agribusiness company Agroserv Mariuta (stock symbol: MILK). -
ZF English - 16:52 Mar 03, 2025
Romania's foreign exchange reserves stood at EUR62.5 billion at the end of February 2025, higher by EUR1.75 billion than the EUR60.8 billion level reported on January 31, 2025, Romania’s central bank announced on Monday (March 3, 2025). -
ZF English - 13:26 Mar 03, 2025
Vista Bank has announced on March 3 the agreement with Alpha Bank S.A. and Alpha International Holdings S.MS.A. 100% subsidiaries of Alpha Services and Holdings S.A., for the acquisition of the shares (100%) in Alpha Leasing (Romania) (which also holds 100% of Alpha Insurance Brokerage (Romania)). -
ZF English - 12:47 Mar 03, 2025
Anglo-Dutch giant Unilever, a leading player on the consumer goods market, has appointed Irina Urechean to the position as General Manager of Unilever’s Ice Cream Division for Romania and Moldova. -
ZF English - 12:04 Mar 03, 2025
Sameday, held by eMag Group and one of the leading players in the courier services industry, has become shareholder in IT and digital marketing services provider Zitec by acquiring the 24.9% stake previously held by eMAG over the last eight years. -
ZF English - 11:38 Mar 03, 2025
As power-intensive Generative AI (Gen AI) consumption grows faster than other uses and applications, electricity consumption by data centers is forecasted to double to 4 percent of global electricity consumption by 2030, according to the latest edition of the Deloitte Technology, Media and Telecommunications (TMT) Predictions report. -
ZF English - 09:53 Mar 03, 2025
Banca Transilvania, the largest lending institution in Romania, has announced the successful completion of its merger with OTP Bank Romania in the wake of which it has reached a 23% market share and assets climbed by 9%. -
ZF English - 09:43 Mar 03, 2025
Oil drilling company Foraj Sonde Videle posted RON167.3 million turnover in 2024, up 29.2% from 2023. -
ZF English - 09:28 Mar 03, 2025
Rompetrol Well Services, one of the leading wellbore special services companies in Romania, registered RON10.3 million net profit in 2024, 12.6% below the 2023 level. -
ZF English - 09:21 Mar 03, 2025
Trump’s 25% threatened tariffs on EU products risk to pummel the local economy as the US is Romania’s second largest trade partner after UK, reveals an analysis by iBanFirst, a leading global provider of foreign exchange and international payments. -
ZF English - 09:08 Mar 03, 2025
Turism, Hoteluri, Restaurante Marea Neagra, a company that manages several seaside hotels, for 2024 reported RON9.8 million net profit, down 72% from 2023. Operating revenues halved to RON33.3 million. -
ZF English - 08:59 Mar 03, 2025
Cable producer Romcab Targu-Mures, which is under judicial reorganization and whose main stakeholder has entered bankruptcy, ended 2024 with a gross loss ahead of taxation of RON113.6 million, after RON15.9 million profit in 2023. -
ZF English - 07:46 Mar 03, 2025
German retailer Lidl on Thursday, February 27, opened four new stores, in Ploiesti, Galati, Campina and Bolintin Vale. -
ZF English - 21:57 Feb 28, 2025
Premier Energy (PE.RO), one of Romania's largest natural gas suppliers, also active in the renewable energy business, posted EUR24.2 million profit in 2024, down 69% from the previous year. -
ZF English - 21:47 Feb 28, 2025
Nuclear power producer Nuclearelectrica (SNN.RO) posted RON1.7 billion net profit in 2024, a 31.9% decline on the RON2.5 billion of 2023, the company said in its annual financial report to the Bucharest Stock Exchange. -
ZF English - 21:34 Feb 28, 2025
Pharmaceutical producer Zentiva (SCD.RO), a company suspended from trading pending delisting from the Bucharest Stock Exchange, following withdrawal of minority shareholders, made RON258.8 million net profit in 2024, an increase of 34.3% on 2023. -
ZF English - 21:22 Feb 28, 2025
Aerostar Bacau (ARS.RO), a supplier of aerostructures, subassemblies and hydraulic systems for global manufacturing programs, ended 2024 with RON95.7 million net profit, 2.9% higher than in 2023.
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