ZF English
Source:
http://www.zfenglish.com
Found 17542 news
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ZF English - 12:43 May 13, 2024
Romania's central bank has decided at its Board meeting on Monday (May 13, 2024) to keep its key interest rate unchanged at 7% a year, being the bank's fourth consecutive rate freeze in 2024 and the seventh consecutive freeze in 2023. -
ZF English - 11:57 May 13, 2024
Electricity and electrical equipment producer Electromagnetica (ELMA.RO) ended the first quarter of 2024 with net loss of RON3.1 million, compared to net profit of RON3.9 million in the same period of 2023, the company said in its quarterly financial report released on Monday (May 13). -
ZF English - 11:28 May 13, 2024
Rompetrol Rafinare, a member company of the KMG International Group (Rompetrol), has initiated the processes of restarting the production facilities at the Petromidia Navodari refinery, after the timely completion of the maintenance, recertification, and modernization of the units. -
ZF English - 08:37 May 13, 2024
Romanian state-owned port operator Oil Terminal in the first three months of 2024 posted net profit of RON28.4 million, up 21.6% from Q1/2023. -
ZF English - 08:26 May 13, 2024
Garanti BBVA Romania, part of Garanti BBVA Turkey, in 2023 posted net profit worth RON177 million, down 7% from 2022, and RON521 million operating revenues. -
ZF English - 08:16 May 13, 2024
CreditAmanet, a Romanian-held provider of pawnbroking and money exchange services, has invested over EUR2.5 million in a rebranding process and is changing its name to MAGNOR. -
ZF English - 08:08 May 13, 2024
The European Bank for Reconstruction and Development (EBRD) and APS, a leading non-performing loan (NPL) management firm in Europe, are jointly investing in a funded participation concerning a portfolio of around 2,000 sub-performing and non-performing loans in Romania sold by Piraeus Bank. -
ZF English - 07:12 May 13, 2024
Real estate developer One United Properties ended the first quarter of 2024 with RON419 million consolidated turnover, down 5% from Q1/2023, while net profit climbed 4% to RON157.3 million. -
ZF English - 07:02 May 13, 2024
Cybersecurity company Safetech Innovation reported turnover worth RON11.7 million at individual level for the first quarter of 2024, up 95% from the year-earlier period. -
ZF English - 06:26 May 13, 2024
Mandatory private pension funds (Pillar II) have in the past 16 years, since their launch in 2008, registered an average yield of 7.8% per annum, among the highest in Europe and OECD during this period, with the number of participants in the system now topping 8 million, namely the overwhelming majority of Romania’s working population, in line with data provided by the Romanian association for private pensions APAPR. -
ZF English - 06:15 May 13, 2024
Centric IT Solutions SRL, the local subsidiary of Dutch software solutions provider Centric IT Solutions, in 2023 registered net turnover worth RON120.1 million, up 22% from 2022. -
ZF English - 06:10 May 13, 2024
Draghici Dental group will invest another EUR1.8 million in 2024 in equipment for the new dental technique lab of Miroslava, Iasi county, which will drive total investments to around EUR4 million, explained Dan Draghici, founder of the group. -
ZF English - 04:00 May 11, 2024
Amber Studio, a local video game developer with $45 million revenue in 2022, has decided to waive EUR2.7 million in state aid that came with an obligation to create 120 jobs in Botosani and Craiova, with a total investment of EUR4.6 million, according to a shareholders' meeting notice the company published. -
ZF English - 21:00 May 10, 2024
Banca Transilvania (TLV.RO), Romania's largest lender, posted an individual net profit of RON913 million in the first quarter of 2024, up 35% compared with the year-ago period, the bank said in a report to the Bucharest Stock Exchange on Friday evening. -
ZF English - 20:45 May 10, 2024
Bittnet Systems (BNET.RO), an IT Group listed on the Bucharest Stock Exchange, ended the first quarter of 2024 with net loss of RON9.7 million, on a consolidated level, compared to a negative result of RON2.7 million in the same period of 2023, according to its financial report sent to the Bucharest Stock Exchange on May 10. -
ZF English - 19:46 May 10, 2024
Vegetable oil producer Argus Constanta (UARG.RO) announced in a stock market report on May 10 that it ended the first quarter of 2024 with a net loss of RON3.57 million, from profit of RON682,930 in the same period of 2023, mostly due to interest expenses associated with the loan contracted by the company for the purchase of raw materials. -
ZF English - 18:24 May 10, 2024
OTP Bank Romania posted total income of RON219 million in the first quarter of 2024, an increase of 2% year-on-year, while the net profit shrank by 88% to RON2 million, as per the report published in Budapest, which presents the bank's results at a consolidated level, adjusted in accordance with the Group's standards. -
ZF English - 18:02 May 10, 2024
Dan Niculaie Faranga has taken over in May 2024 the position of Chief Executive Officer of Tiriac Holdings, one of the largest Romanian entrepreneurial businesses. -
ZF English - 16:09 May 10, 2024
Chemicals producer and supplier Chimcomplex Borzesti (CRC.RO) has completed a project aimed at investing in innovative technology for environmentally friendly polyol production, after the inauguration of one of Europe’s most modern polyol plants in 2022. -
ZF English - 11:11 May 10, 2024
Romania's trade balance posted a deficit of EUR6.69 billion in January-March 2024, lower by 1.5% (or lower by EUR103.3 million), compared to the same period of 2023, data from the country's statistics board INS showed on Friday (May 10).
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