ZF English
Source:
http://www.zfenglish.com
Found 15925 news
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ZF English - 08:00 Oct 30, 2023
OMV Petrom and Auchan Retail Romania have completed the nationwide installation of almost 400 MyAuchan proximity stores in all Petrom stations. -
ZF English - 07:25 Oct 30, 2023
Lender Banca Comerciala Romana (BCR), controlled by Austria’s Erste Group, in the first nine months of 2023 posted net profit worth RON1.69 billion (EUR343.8 million), up 10.3% from the same period of last year, on the improved operating result underpinned by advance in customer business. -
ZF English - 07:06 Oct 30, 2023
Trace Group Hold, a Bulgarian construction company involved in the execution of highway A7 to Moldavia, generated RON41 million turnover in Romania in 2022 with just seven employees. A year before, the same company reported zero turnover, RON270,000 losses and a single employee. -
ZF English - 06:58 Oct 30, 2023
Pangram, the producer of Monte Banato pasta brand, majority held by Italy’s Colussi and the current mayor of Resita, Ioan Popa, ended 2022 with turnover worth RON65.6 million (EUR13.3 million), up 27.8% from 2021, in line with ZF calculations based on Finance Ministry data. -
ZF English - 16:11 Oct 27, 2023
Port operator Socep Constanta (SOCP.RO) has approved a loan it will take out from BRD- Groupe Société Générale (BRD.RO) to continue the investment in building a grain terminal, i.e., to complete the “Phase 2 construction of grain terminal with silo and ship loader in Constanta Port”. -
ZF English - 13:51 Oct 27, 2023
Avaelgo, an IT solutions provider based in Timisoara and one of the locally relevant partners of Microsoft, has received a "significant strategic investment" from IPS Solutions, a software group headquartered in Liechtenstein, which will see the Romanian company begin an expansion process, including into new markets. -
ZF English - 10:11 Oct 27, 2023
Frech retailer Decathlon will open its first store of Arad on November 1 and thus reach a 30-unit network in Romania. -
ZF English - 09:31 Oct 27, 2023
Bucur Obor (BUCU.RO), which manages the shopping center by the same name in Bucharest, posted RON16.5 million net profit in January-September 2023, 11.6% higher than in the year-ago period, the company said in its financial report to the Bucharest Stock Exchange. -
ZF English - 07:04 Oct 27, 2023
Romanian executives forecast a period of stability in processing industry and services activity in the last three months of the year, in parallel with a moderate decrease in the number of constructions employees and rising prices in constructions and retail, in line with a survey by the country’s statistics board INS. -
ZF English - 06:47 Oct 27, 2023
Ingka Investments, the investment arm of Ingka group, which owns the most IKEA stores, has acquired a 300 MWp photovoltaic park ready for construction in Dambovita county, with total investments topping EUR200 million. -
ZF English - 06:17 Oct 27, 2023
Greek group PPC, which bought Enel Romania for EUR1.2 billion, has appointed Alessio Menegazzo as CEO and Country Manager. -
ZF English - 23:31 Oct 26, 2023
SeedBlink, Europe’s tech-focused venture investment and equity management platform, is introducing a series of product enhancements as part of Fall Release. Platforma de investiţii în start-up-uri tech SeedBlink introduce o serie de instrumente care simplifică şi îmbunătăţesc procesele de acces şi înţelegere a investiţiilor pentru companiile europene şi acţionarii acestora. Ele sunt destinate fondatorilor, dar şi investitorilor, spun oficialii companiei -
ZF English - 23:15 Oct 26, 2023
The number of insolvencies in Romania decreased by 7% year-over-year in the first eight months of 2023, but a return to the growth rate is expected in the coming months, the factors being both conjunctural and/or seasonal as well as structural, according to Allianz Trade's latest Global Insolvency Report. -
ZF English - 22:28 Oct 26, 2023
Ropharma (RPH.RO), a pharmacy chain owned by entrepreneur Mihai Miron, said in a stock market report on October 26 that it had called its shareholders to vote on contracting a credit facility of EUR2 million from ING Bank. -
ZF English - 21:44 Oct 26, 2023
CBRE, the global and national leader in commercial real estate services and investments, has launched the "Manufacturing Report 2023” which shows that production spaces are on an upward trend. -
ZF English - 20:49 Oct 26, 2023
Romania’s general consolidated budget posted a deficit of RON56.46 billion in January-September 2023, or 3.55% of gross domestic product (GDP), as compared to a budget gap of RON41.70 billion (2.96% of GDP) reported in the same period of 2022, the finance ministry said on Thursday (October 26). -
ZF English - 19:56 Oct 26, 2023
Five-star Radisson Blu in Cluj-Napoca, developed by Winners Park Invest and opened in June last year, had an average take-up of 65% in September and expects the same level for October. -
ZF English - 19:34 Oct 26, 2023
Romanian state-run CEC Bank has signed a new agreement, of EUR105 million, with the European Investment Bank (EIB) to support small and medium-sized enterprises (SMEs) and mid-cap companies in order to boost their competitiveness and switch to a sustainable and green economy, within the Recovery and Resilience Facility (RRF RO) - Romania Member State Compartment. -
ZF English - 18:14 Oct 26, 2023
Fondul Proprietatea (FP.RO) on Thursday notified the Bucharest Stock Exchange of having collected RON650 million, following completion of the sale of the sale of ENEL Romania. The fund had minority stakes in E-Distributie Muntenia, Enel Energie Muntenia, E-Distributie Dobrogea, E-Distributie Banat and ENEL Energie. The buyer was Greece’s PPC. -
ZF English - 14:05 Oct 26, 2023
Romania's Finance Ministry raised RON1.09 billion from banks on Thursday (October 26), selling government paper in two auctions, at annual average yields of 6.65% and 7.18%.
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