ZF English
Source:
http://www.zfenglish.com
Found 19522 news
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ZF English - 07:44 Oct 30, 2024
Evopack, which produces cardboard and paper packaging in a plant in Piatra-Neamt and which delivers to McDonald’s KFC, Spartan and Mesopotamia restaurant chains, will open a subsidiary and a warehouse in Budapest in December as part of its regional expansion plan. -
ZF English - 07:38 Oct 30, 2024
Bucharest’s Corinthia hotel will open in the first part of 2025, more specifically in the first quarter, Simon Casson, Corinthia Group CEO, told ZF. -
ZF English - 10:43 Oct 29, 2024
OMV Petrom, Romania’s largest company by turnover, reported sales worth RON26.7 billion in the first nine months of 2024, down 6% from the year-earlier period, while net profit rose by 54% to RON3.9 billion amid the elimination of the tax on refined crude oil. -
ZF English - 07:55 Oct 29, 2024
Armchair and sofa manufacturer Italsofa Romania, the local subsidiary of Italian group Natuzzi, for 2023 reported turnover worth RON238.9 million (EUR48.3 million), down 29.3% from 2022, in line with ZF calculations based on Finance Ministry data. -
ZF English - 07:48 Oct 29, 2024
Hotel company ARO Palace, controlled by Transilvania Investments, has signed the franchise agreement with hotel chain Hyatt to transfer the ARO Palace hotel under the international brand. -
ZF English - 09:35 Oct 28, 2024
A delegation of the International Monetary Fund led by Jan Kees Martjin, head of the IMF mission in Romania, will visit the country during November 5-8 period, within the periodical meetings the institution has with Romanian authorities. -
ZF English - 08:09 Oct 28, 2024
Private healthcare company MedLife is continuing acquisitions and announces the takeover of the majority stake of 60% in Tulcea-based Routine Med. -
ZF English - 07:57 Oct 28, 2024
Lunet Eyewear, the only local producer of glasses, launched in 2019, is considering the opportunity of listing on the AeRO platform of the Bucharest Stock Exchange. -
ZF English - 06:58 Oct 28, 2024
Real estate developer One United Properties sold long-term rental properties, part of its commercial project portfolio, worth EUR52.4 million in the past 18 months. -
ZF English - 06:11 Oct 25, 2024
Car parts manufacturer Optibelt Power Transmission, the local subsidiary of Germany’s Arntz Optibelt, in 2023 posted turnover worth RON325.7 million (EUR65.8 million), down 11.2% from 2022, in line with ZF calculations based on Finance Ministry data. -
ZF English - 06:04 Oct 25, 2024
Electrical and electrotechnical component manufacturer Weidmüller Interface Romania, the local subsidiary of Germany’s Weidmüller Group, reported turnover worth around RON297 million (EUR60 million) for 2023, down 17.4% from 2022, in line with ZF calculations based on Finance Ministry data. -
ZF English - 05:57 Oct 25, 2024
Altex, Romania’s largest electro-IT retailer, has opened eight stores this year and continues local expansion. The company now has 135 stores in Romania’s main cities. -
ZF English - 18:40 Oct 24, 2024
Alternative investment fund Infinity Capital Investments (stock symbol: INFINITY) has announced in a stock market report on Oct 24, 2024 that it has increased its ownership stake in PAID (the Pool of Insurance against Natural Disasters) by an additional 5.5%. -
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.
19522 items