ZF English
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Found 19029 news
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ZF English - 19:01 Aug 28, 2024
Timisoara-based lighting fixture and system manufacture Elba, a supplier of automotive lights for such groups as Dacia-Renault and Skoda, posted RON301.9 million (EUR61 million) revenue in 2023, an increase of 42% on 2022’s RON289.5 million (EUR58.7 million), ZF has calculated from Finance Ministry data. -
ZF English - 18:19 Aug 28, 2024
Systematic Development Center, a private IT company based in Denmark that develops software and solutions for various customers, including for NATO militaries, intelligence services and the healthcare industry, ended 2023 with more than RON61.2 million (EUR12.3 million) revenue, up 22% from the previous year’s RON49.9 million (more than EUR10 million), Finance Ministry data show. -
ZF English - 15:41 Aug 28, 2024
The board of directors of chemical producer and supplier Chimcomplex Borzesti (CRC.RO) has called shareholders for September 30 to vote among others on the extension of a EUR40 million loan facility. -
ZF English - 12:37 Aug 28, 2024
Romania media and entertainment market is expected to grow by 2.5% this year, to EUR4.43 billion, with most segments set to register increases, in line with PwC Global Entertainment & Media Outlook 2023-2027 (GEMO) report. -
ZF English - 11:24 Aug 28, 2024
Allianz-Tiriac Asigurari ended the first half of 2024 with gross written premiums of more than RON1.8 billion, 7.1% higher than in the year-ago period. Life insurance saw the fastest growth pace in the first half. -
ZF English - 08:21 Aug 28, 2024
A Reff & Asociatii lawyer team and fiscal experts of Deloitte Romania assisted local company Helinick, operating in the field of electronic security systems, in the sale process to Convergint, one of the world's largest players in the field. -
ZF English - 07:43 Aug 28, 2024
Turbomecanica, a local manufacturer of gas turbine engines and mechanical assemblies for aircraft, in the first six months of 2024 recorded RON8.6 million net profit, 40% higher than in H1/2023. -
ZF English - 07:35 Aug 28, 2024
Fortim Trusted Advisors: Romanian Investors Clinch Most Commercial Real Estate Deals in 2024 Locally
The ranking of real estate investors in the local commercial sector is led by Romania ones, who acquired 12 properties, with prices ranging between EUR1.4 million and 44.7 million, in line with research by Fortim Trusted Advisors. -
ZF English - 07:19 Aug 28, 2024
Cybersecurity company Safetech Innovations, with offices in Bucharest, London and Abu Dhabi, in the first half of 2024 registered RON30.2 million revenues at an individual level, up 53%, and RON6.1 million net profit, 58% above the H1/2023 level. -
ZF English - 07:06 Aug 28, 2024
Real estate developer One United Properties in the first half of 2024 posted RON699.4 million consolidated turnover, down 17% from H1/2023, and net profit of RON228.6 million, up 5%. -
ZF English - 06:51 Aug 28, 2024
Schwarz Global Services, the IT company providing digital and business services for Schwarz group (owner of Kaufland and Lidl retail giants) reported turnover of above RON66.7 million (EUR13.4 million) for 2023, up 44% from 2022. -
ZF English - 06:38 Aug 28, 2024
Trencadis, a local tech company specializing in the development and implementation of complex software solutions for the governmental and business sectors, expects a 30% turnover increase by end-2024, to over RON217.1 million (EUR43.6 million) and over 40% higher net profit than in 2023. -
ZF English - 06:26 Aug 28, 2024
Covaciu family is considering moving IPEC Alba Iulia to another country because of recent years’ energy price evolution and the government’s inability to secure predictability and a level playing field for Romanian producers. -
ZF English - 18:45 Aug 27, 2024
Salt Bank, which has a EUR5 million bond issue with an 8.5% yearly yield and maturing on December 18, 2024 listed on the Bucharest Stock Exchange, posted RON31 million losses in the first half of 2024, as the bank prepared for the launch of its mobile app. The losses in the first half of 2023 stood at RON1.5 million. -
ZF English - 18:00 Aug 27, 2024
IKEA wants to open more stores in Romania and is looking at several cities and also the possibility of adding more stores in Bucharest, where it already has two, says Jesper Brodin, CEO of Ingka Group, the largest IKEA franchiser. -
ZF English - 17:23 Aug 27, 2024
Miele Tehnica Brasov, the subsidiary of Germany’s Miele Group, has leased a 2,000 square meter shed from VGP Brasov to expand its manufacturing area and will use the space to assemble drives and pumps for home appliances. -
ZF English - 15:59 Aug 27, 2024
Froo Romania Retail, a company of Poland’s Żabka Group, has opened its 20th franchised store in Romania, on the Iuliu Maniu Boulevard in Bucharest. This is its largest store in the country. -
ZF English - 15:48 Aug 27, 2024
Leoni Wiring Systems, which had received approval for EUR4.77 million state aid in October 2023, has notified the Finance Ministry of its decision to drop the implementation of the investment project as the German-held group is undergoing restructuring of the local operations. -
ZF English - 13:59 Aug 27, 2024
Premier Energy (PE.RO), a producer, distributor and supplier of electricity and distributor and supplier of natural gas, has increased its stake in subsidiary True Energy Management SRL from 60% to 75%, following the conclusion of a share purchase agreement, it said in a report to the Bucharest Stock Exchange. -
ZF English - 11:59 Aug 27, 2024
DN Agrar Group, Romania’s largest integrated livestock farm, in H1/2024 registered turnover worth RON83.3 million, up 3.6% from H1/2023.
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