ZF English
Source:
http://www.zfenglish.com
Found 15912 news
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ZF English - 22:59 Mar 19, 2024
Romania's economic growth of 2.1% in 2023 was generated almost 50% by the construction sector, which ended up accounting for 8% of the country's GDP, compared to 6% in 2018. -
ZF English - 22:25 Mar 19, 2024
Banca Transilvania (stock symbol: TLV), the largest lender in Romania, by assets, has announced that its Board of Directors decided on March 19, 2024 to approve the buyback of a maximum number of 2 million shares (out of a total 5 million shares approved to be repurchased by shareholders), as per a report published at the Bucharest Stock Exchange (March 19). -
ZF English - 21:56 Mar 19, 2024
CEC Bank, a lender held by the Romanian government via the Finance Ministry, climbed to 3rd place in the ranking of the largest banks in Romania by assets in 2023, overtaking BRD, which is held by French group Societe Generale. -
ZF English - 21:17 Mar 19, 2024
Omniasig, the largest company in the local portfolio of Austria's Vienna Insurance Group (VIG), ended 2023 with an increase of 12% in gross written premiums compared to 2022, up to a total RON2.4 billion, in line with data provided by the insurer. -
ZF English - 20:54 Mar 19, 2024
On March 19, the closing event of the twinning project financed by the European Union “Consolidation of supervision, corporate governance and risk management in the financial sector” took place in Chisinau. -
ZF English - 20:26 Mar 19, 2024
Meta Estate Trust (stock symbol: MET), a holding company active in the real estate sector, announced in a stock market report on March 19 that it acquired the company Poiana SPV 6814 SRL, in order to strengthen Meta Estate's position in Poiana Brasov, an area of investment interest, and to over-guarantee Meta Estate's shareholders' investment made so far. -
ZF English - 20:14 Mar 19, 2024
Private medical services operator MedLife announced on March 19 the signing of the addendum regarding the increase of the credit limit by an additional amount of EUR50 million, according to the approval received from shareholders during the 22 December 2023 EGSM, the total value of the borrowed capital thus reaching EUR268.3 million. -
ZF English - 19:58 Mar 19, 2024
Pizza Hut restaurant chain held by Sphera Franchise Group in Romania, which also holds the KFC and Taco Bell franchises, underwent a significant restructuring process in 2023 and 2024, which entailed closing almost one third of the restaurants in order to break even and then turn a profit. -
ZF English - 19:12 Mar 19, 2024
OMV Petrom (SNP.RO), the largest oil company in Romania, has budgeted RON5.2 billion net profit for 2023, an increase of 31% on the 2023 figure, while sales should increase by 1% to RON33.3 billion. -
ZF English - 15:20 Mar 19, 2024
EY Romania is expanding its team of partners by recruiting Sebastian Popescu, who has also taken over the coordination of the consulting services line in the field of Grants and Incentives, effective March 18, 2024. -
ZF English - 12:08 Mar 19, 2024
Delgaz Grid continues its investments in smart meters and the modernization of electrical networks in Suceava (northern Romania). -
ZF English - 09:09 Mar 19, 2024
Norofert, a local producer of organic inputs for agriculture, has started the construction of an input production line in Watertown, South Dakota, a major agricultural area in the US. -
ZF English - 09:00 Mar 19, 2024
CTP, continental Europe’s largest listed developer and administrator of industrial and logistic spaces, has signed for a syndicated loan facility totally worth EUR200 million to refinance the development of 40 A-class green logistic and industrial buildings with a combined leasable area of 565,000 square meters within CTPark Bucharest project. -
ZF English - 08:49 Mar 19, 2024
CEC Bank, a lending institution controlled by the Romanian state via the Finance Ministry, in 2023 registered an estimated unaudited net profit worth RON515.8 million, up 15%. -
ZF English - 08:11 Mar 19, 2024
The hotel sector continued its rebound in 2023, with a sustained increase in leisure tourism, with the number of Romanian tourists accommodated in local hotel structures nearing 7 million, very close to a record high, and also above the average of pre-pandemic years, reveals Colliers’ annual report. -
ZF English - 22:30 Mar 18, 2024
Patria Bank (stock symbol: PBK) has informed investors in a stock market report on March 18 that Romania's National Bank approved the appointment of Grigore-Valentin Vancea to the position of Chief Executive Officer (CEO) and member of the Executive Committee of Patria Bank. -
ZF English - 22:06 Mar 18, 2024
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, inched up to 6.08% a year on Monday (March 18) after edging down to 6.07% a year on Friday (March 15). -
ZF English - 21:04 Mar 18, 2024
Hexing Technologies Europe SRL, a subsidiary of Hexing Group, a provider of green energy solutions, listed at the Shanghai Stock Exchange, has leased 8,000 square meters within the Timisoara I Industrial Park project, held and operated by Globalworth. -
ZF English - 20:21 Mar 18, 2024
Spain’s Inditex Group, one of the largest actors in world’s fashion industry, which owns such brands as Zara, Bershka and Massimo Dutti, posted pre-tax profit of EUR92 million in Romania in 2023. -
ZF English - 20:19 Mar 18, 2024
Romania's Finance Ministry raised RON807 million from banks on Monday (March 18, 2024), selling benchmark bonds with a scheduled value of RON600 million due in April 2031, at an annual average yield of 6.58%.
15912 items