ZF English
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http://www.zfenglish.com
Found 19029 news
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ZF English - 16:27 Oct 24, 2024
Sphera Franchise Group (stock symbol: SFG), the company that manages KFC, Pizza Hut and Taco Bell restaurants in Romania, has announced in a stock marker report on Oct 24 that it has extended the mandates of Chief Financial Officer (CFO) and Marketing Director. -
ZF English - 15:51 Oct 24, 2024
The Board of Directors of natural gas producer and supplier Romgaz (stock symbol: SNG) has announced in a stock market report on Oct 24 that it has called the ordinary general meeting of shareholders for December 4 to vote on the extension of a RON500 million (EUR100 million) loan facility. -
ZF English - 15:34 Oct 24, 2024
ALRO, one of the largest vertically integrated aluminium producers in Europe, has announced in a stock market report that on Oct 24 the company's Board of Directors called the extraordinary general meeting of shareholders and one of the items on the agenda is the contracting of a loan worth up to $40 million (the equivalent of RON184 million) from the Black Sea Trade And Development Bank (BSTDB). -
ZF English - 14:14 Oct 24, 2024
Romania's Finance Ministry raised RON346 million from banks on Thursday (Oct 24), selling discount treasury bills (T-bills) due in 2025, at an annual average yield of 5.89%. -
ZF English - 13:47 Oct 24, 2024
The European Commission has approved a EUR400 million Romanian state aid scheme to compensate farmers affected by severe drought, the Commission has announced in a press statement on Oct 24, 2024. -
ZF English - 12:54 Oct 24, 2024
Romania's Competition Council has announced on October 24 that it authorized the transaction by which the Kinstellar network of law firms, through Kinstellar SPARL, intends to take over Noerr Romania. -
ZF English - 12:29 Oct 24, 2024
Grain producer Prodcereal in Calarasi County, majority owned by Vasile Stoica (73%) and Lucia Stoica (27%), ended 2023 with a turnover of RON54.9 million (EUR11.1 million), down 41.2% from RON93.4 million (EUR18.9 million) turnover reported in 2022, Ziarul Financiar (ZF) daily has calculated based on finance ministry data. -
ZF English - 12:15 Oct 24, 2024
More than two thirds of companies worldwide (70%) expect an increase in public reporting on tax, as a result of the numerous regulations adopted in recent years, making data transparency and compliance with authority requirements the main challenge they currently face, according to Deloitte 2024 Global Tax Policy Survey. -
ZF English - 06:46 Oct 24, 2024
German-held builder Geiger Transilvania reported turnover worth RON417.4 million (EUR84.4 million) for 2023, up 86% from 2022, in line with ZF calculations based on Finance Ministry data. -
ZF English - 06:40 Oct 24, 2024
Entrepreneur Mihai Simiuc, who in early 2024 bought back FruFru and Urban Monkey brands from Unilever, has become a minority stakeholder in LifeBox, in line with ZF data. -
ZF English - 06:34 Oct 24, 2024
Romania IT industry continued to expand in 2023, but the growth rate slowed down dramatically, though it stayed above 10%, reveals a survey conducted by a research group part of the Bucharest University of Economic Studies commissioned by The Romanian Employers Association in the Software Industry (ANIS). -
ZF English - 21:40 Oct 23, 2024
Oyl Company Holding, a company operating in the field of road construction and held by entrepreneur Corneliu Dragomir, ended 2023 with a turnover of RON305.2 million (EUR61.7 million), up 33.2% from RON229.1 million (EUR46.4 million) turnover reported in 2022, in line with calculations by Ziarul Financiar (ZF) data based on finance ministry data. -
ZF English - 21:29 Oct 23, 2024
Pangram, the producer of Monte Banato pasta brand, majority held by Italy’s Colussi (with an ownership stake of 92.3%) and Resita mayor, Ioan Popa (7.5%), saw its profit doubling to RON1.7 million (EUR351,000) in 2023, compared with a net gain of over RON870,000 (EUR176,500) reported in 2022, as per publicly available data. -
ZF English - 21:15 Oct 23, 2024
Automotive wiring maker Kromberg & Schubert Romania NA, the local subsidiary of Germany’s Kromberg & Schubert, reported a turnover of RON274.8 million (EUR55.5 million) for 2023, up nearly 56% from RON176.2 million (EUR35.7 million) turnover reported in 2022, Ziarul Financiar (ZF) daily has calculated from data on finance ministry website. -
ZF English - 21:03 Oct 23, 2024
Comcris Energy, the Romanian subsidiary of Vienna-based renewable energy generation company Energy, has finalized an investment of RON216.2 million (EUR52.4 million), of which RON68.1 million (EUR13.6 million) represented non-reimbursable contribution granted by the Energy Ministry through the National Recovery and Resilience Plan (PNRR) and EUR39.3 million represented financing granted by UniCredit Bank Romania. -
ZF English - 20:38 Oct 23, 2024
Longshield Investment Group (stock symbol: LONG), a company listed at the Bucharest Stock Exchange for 25 years, has been trading its shares under the new stock symbol LONG since Oct 21, 2024, following the process of implementing a new brand identity achieved by the company at the end of March 2024. -
ZF English - 19:57 Oct 23, 2024
TOKEN Payment Services (TOKEN), the fintech company that was recently authorized by Romania's national bank to accept online payment operations and transactions at physical POS (point of sale) terminals, announces the conclusion of a strategic partnership with Zeus Service, the second-largest importer and distributor of cash registers in Romania. -
ZF English - 19:26 Oct 23, 2024
Craiova-based agricultural equipment manufacturer RURIS, led by entrepreneur Catalin Stroe, announces the start of an investment worth over EUR10 million in a new factory of tractors and agricultural trailers "Made in Ro”. -
ZF English - 18:07 Oct 23, 2024
Romania's Ministry of Finance has announced that Finland's Nokian Tyres Group is going to receive state aid in the amount of RON495.2 million (EUR100 million). -
ZF English - 17:45 Oct 23, 2024
Downward revisions of economic growth clearly indicate that some sectors, such as agriculture and construction, are facing difficulties and we are starting to see budget reductions in the services sector, said Andrei Cionca, Co-founder of ROCA Investments, on the occasion of preparing the 11th edition of the Confidex study.
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