ZF English
Source:
http://www.zfenglish.com
Found 15912 news
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ZF English - 20:05 Jan 31, 2024
ROCA Industry (ROC1.RO), a building materials holding majority held by ROCA Investments, announced in a stock market report the closing of the second stage of the share capital increase operation, which resulted in the sale of 4.03% of the shares issued. -
ZF English - 19:46 Jan 31, 2024
Online retailer Elefant, which has bonds listed on the Bucharest Stock Exchange (ELF26.RO), on Wednesday announced it had filed for insolvency with the Bucharest Court of Law, expressing intent to propose a reorganization plan and keep the right to manage its operations. -
ZF English - 19:01 Jan 31, 2024
The net assets of the 249 domestic and foreign open-end and closed-end investment funds operating in Romania inched up 0.5% in December 2023 up to RON39.7 billion (EUR8 billion), but fell by 13.5% in 2023, the Association of Fund Managers (AAF) said in a statement. -
ZF English - 13:11 Jan 31, 2024
The opportunities for mergers and acquisitions (M&A) in Romania will continue to attract more high-profile investors in 2024, and strategic industries remain in focus, according to the latest Clifford Chance M&A Trends 2024 report. -
ZF English - 12:52 Jan 31, 2024
Enterprise spending on generative Artificial Intelligence (Gen AI) will grow by 30% in 2024, from an estimated US$16 billion in 2023, according to the latest edition of the Deloitte Technology, Media and Telecommunications (TMT) Predictions report. -
ZF English - 11:11 Jan 31, 2024
The year 2023 was a chapter of unprecedented performance for the Romanian capital market, recording historical highs on several levels, such as the value of stock and bond transactions, average daily liquidity, stock market indices, market value of companies. -
ZF English - 10:34 Jan 31, 2024
Employers have posted more than 26,000 jobs since the start of the year and of these, almost 5% have been remote ones, half the level of the year-earlier period, reveals an analysis by eJobs, the main recruitment platform in Romania. -
ZF English - 08:27 Jan 31, 2024
Online retailer evoMAG, controlled by entrepreneur Mihai Patrascu, has budgeted investments worth around EUR0.5 million for the current year, flat from 2023, with a focus on boosting logistic activity efficiency, delivery speeds and developing the platform behind the online store. -
ZF English - 00:09 Jan 31, 2024
Macromex, one of the largest local fast moving consumer goods distribution companies, reported a 10% increase in sales volumes in 2023 compared to 2022, due to growth in the HoReCa (Hotel, Restaurant, Cafes)/hospitality industry, while sales volumes in the retail sector decreased. -
ZF English - 23:26 Jan 30, 2024
IT and digital marketing services provider Zitec, in which giant online retailer eMAG owns a 25% stake, ended 2023 with a consolidated turnover of EUR30 million, up nearly 15% versus 2022, according to company representatives. -
ZF English - 22:55 Jan 30, 2024
Morphosis Capital Fund II, a growth capital fund, together with Vybros Capital Partners, a Belgian family funded permanent capital fund, as a co-investor, announces the signing of the agreement to acquire the majority stake in Mark Twain International School (IS), the first private education institution in Romania with a dual curriculum. -
ZF English - 22:32 Jan 30, 2024
The large majority of employees (95%) see value in working with generative Artificial Intelligence (AI), while approximately 60% are also concerned about job loss, stress and burnout, according to a survey carried out by Accenture. -
ZF English - 21:30 Jan 30, 2024
Flanco, the second largest actor in Romanian computer and electronics retail, achieved record sales of RON1.275 billion last year, 20% higher than in 2022. -
ZF English - 21:30 Jan 30, 2024
On Tuesday, January 30, a special transaction (DEALS) with shares of green power producer Hidroelectrica (H2O.RO) worth RON92.8 million was registered in the Bucharest Stock Exchange system, according to stock market data. -
ZF English - 21:04 Jan 30, 2024
Skatepark and playground builder Sport Play Systems in Turda, Cluj County, held by local entrepreneurs Adrian Silagyi and Mihai Balas, ended 2023 with RON30.3 million (EUR6.1 million) revenue. -
ZF English - 20:35 Jan 30, 2024
State-run national grid company Transelectrica (TEL.RO) estimates total revenue to reach RON5.3 billion in 2024, compared with a preliminary figure of RON4.7 billion in 2023, a potential increase of 14.2% year-on-year, its spending and revenue budget shows, which will be discussed in the general meetings of shareholders in February. -
ZF English - 18:48 Jan 30, 2024
Fueled by access to digitalization and increased income of the young population and digital natives, Romania's e-commerce market is expected to maintain its upward trend in 2024, according to the eCommerce Insights 2024 report conducted by MerchantPro, the local SaaS solutions platform for e-commerce. -
ZF English - 18:27 Jan 30, 2024
Ionut Duna, General Manager of PPC Energie and PPC Energie Muntenia, and Adrian Dugulan, General Manager of PPC Renewables Romania, are joining the management team of PPC Romania Group (formerly known as Enel). -
ZF English - 14:42 Jan 30, 2024
Romania's media retail market is expected to exceed EUR10 million in 2024, which would translate into an increase of over 30% compared to the previous year, as per an analysis by Footprints AI, a Romanian technology company that develops and markets an advanced media retail platform. -
ZF English - 11:31 Jan 30, 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, decreased to 6.11% on Tuesday (Jan. 30, 2024) from 6.13% on Monday (Jan. 29), which is the lowest level since summer 2022, in line with central bank data.
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