ZF English
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http://www.zfenglish.com
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ZF English - 08:51 Dec 04, 2024
CEC Bank has granted Tu Agrar farm, part of Rodbun group, a EUR3.3 million investment loan for the acquisition of shares of Frontier Invest Goup, a company that owns around 560 hectares of irrigable farmland. -
ZF English - 08:00 Dec 04, 2024
eMAG group, the largest online retailer in the region, in the period April-September 2024, the first half of fiscal year 2025, registered $1.1 billion revenues, up 22% from the year-earlier period, amid strong growth posted in Romania, in line with the financial results posted by Prosus, its majority stakeholder. -
ZF English - 19:54 Dec 03, 2024
Local construction company Concelex, held by Daniel Piturlea, expects to end 2024 with RON1.4 billion turnover and has budgeted an increase of at least 20% for 2025 against the backdrop of contracts signed and the auctions won, according to company officials. -
ZF English - 19:02 Dec 03, 2024
Licurici Impex, a consumer goods wholesaler of Onesti, Bacau county, is finalizing an investment of approximately EUR3 million in 2024, which was financed with a bank loan and with the company's own funds and targeted the construction of a warehouse in Bacau (eastern Romania). -
ZF English - 18:48 Dec 03, 2024
Oil drilling company Foraj Sonde Videle (stock symbol: FOJE) has announced in a stock market report on Dec 3 the signing of a contract of RON250 million with Romanian natural gas producer and supplier Romgaz (stock symbol: SNG) for works aimed at increasing the daily extraction capacity of natural gas from the Bilciuresti deposit located in Dambovita County. -
ZF English - 18:20 Dec 03, 2024
The assets of the open-end investment funds managed by asset management companies in Romania touched a record high of RON26.4 billion at the end of October 2024, higher by RON7.2 billion or by 38% over a 12-month period, Ziarul Financiar (ZF) daily has calculated based on data from the Association of Asset Managers (AAF). -
ZF English - 15:19 Dec 03, 2024
KoçZer, Türkiye’s leading procurement and sourcing management company, has officially announced in a press statement its entry into the European market with the establishment of its first subsidiary in Romania. -
ZF English - 14:37 Dec 03, 2024
Romania's Competition Council has approved the transaction through which Mini-Farm is acquiring 10 Tinos Farm pharmacies, located in Bucharest and Ilfov County, from entrepreneur Alex Ursuleanu, the antitrust watchdog has announced in a press statement on Dec 3. -
ZF English - 12:40 Dec 03, 2024
Romania's industrial production prices for the total (domestic market and non-domestic market) decreased by 3.3% in October 2024 compared to October 2023, mainly due to a drop in prices in the energy industry, data from the country's statistics board INS showed on Tuesday (Dec 3, 2024). -
ZF English - 12:22 Dec 03, 2024
Hidroelectrica (stock symbol: H2O), Romania's largest electricity producer and the largest company listed on the Bucharest Stock Exchange, has announced that it recommissioned hydro-aggregate no.5 at its Stejaru hydro power plant following a retrofitting process. -
ZF English - 07:28 Dec 03, 2024
Criboser, a road freight carrier of Oradea founded in 2006 by entrepreneur Florian Bara, currently has 38 driver jobs available. -
ZF English - 20:57 Dec 02, 2024
Organic farm input producer Norofert (NRF.RO) on Monday notified the capital market of the decision of the Financial Supervisory Authority (ASF) to approve its prospectus for the sale of non-convertible, unsecured bonds. -
ZF English - 20:04 Dec 02, 2024
Law firm Filip & Company assisted Poland’s Qemetica in securing the approval of Romania’s Competition Council in the acquisition of the precipitated silica product business of US PPG Group, a deal put at about $310 million. -
ZF English - 19:37 Dec 02, 2024
Chiajna-based Omnia Plast, controlled by Italy’s Sunino Spa, which produces winter sports equipment, toys and other plastic items in three local plants, ended 2023 with a turnover of RON266.8 million (EUR53.9 million), down 8.5% from RON291.7 million (EUR59.1 million) reported in 2022, Ziarul Financiar (ZF) daily has calculated from finance ministry data. -
ZF English - 17:22 Dec 02, 2024
Banca Transilvania Group announces the first merger among subsidiaries acquired in 2024 from OTP Group, namely, between BT Leasing and OTP Leasing. -
ZF English - 16:45 Dec 02, 2024
The shareholders of Fondul Proprietatea (FP.RO) on Monday voted for the delisting of the global depositary receipts (GDR) from the London Stock Exchange and for a buyback program for a maximum number of 320 million shares in 2025, among others. -
ZF English - 15:22 Dec 02, 2024
Global Vision, a leading real estate and energy company in Central and Eastern Europe, has announced in a press statement on Dec 2 the company's appointment of Daniela Lazea as General Legal Counsel. -
ZF English - 15:08 Dec 02, 2024
Romania's foreign exchange reserves shrank by EUR1.6 billion to EUR61.17 billion in November 2024, compared with EUR62.84 billion on October 31, 2024, Romania’s central bank announced on Friday (November 1, 2024). -
ZF English - 14:56 Dec 02, 2024
Romania's Finance Ministry raised RON710 million from banks on Monday (Dec 2, 2024) selling benchmark bonds, at an annual average yield of 7.18%. -
ZF English - 14:44 Dec 02, 2024
New car registrations grew by 2.6% in January-November 2024 compared with the same period of 2023, data from the Automotive Manufacturers and Importers Association (APIA) show on Dec 2.
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