ZF English
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http://www.zfenglish.com
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ZF English - 19:56 Nov 12, 2024
Simtel Team (SMTL.RO), an engineering and technology group listed on the Main Market of the Bucharest Stock Exchange and a national leader in renewable energy, posted RON172.3 million consolidated operating revenue in the first nine months of 2024, down 19% compared with the year-ago period. -
ZF English - 19:48 Nov 12, 2024
The top 10 brokers present at the Bucharest Stock Exchange, listed depending on the value of deals handled and market share, intermediated operations worth RON1.68 billion in October 2024, accounting for 90.83% of the total deals brokered throughout the month, in the amount of almost RON1.9 billion, in line with calculations by Ziarul Financiar (ZF) daily based on stock market data. -
ZF English - 19:27 Nov 12, 2024
Banca Transilvania (TLV.RO), the largest lender in Romania, on Tuesday notified the Bucharest Stock Exchange that on November 11, its Board of Directors approved buyback of up to 2 million of BT shares out of the 6.5 million approved for repurchase by shareholders. -
ZF English - 18:56 Nov 12, 2024
Inter Computer Romania, part of Hungary's Inter Computer Group (IC Group), posted EUR3 million revenue in the first nine months of 2024, achieving its full-year target as early as in the third quarter. -
ZF English - 18:35 Nov 12, 2024
The Board of Directors of electricity and electrical equipment producer Electromagnetica (stock symbol: ELMA) has called its shareholders for a meeting on December 19 to vote on approving a program for the repurchase of maximum 60 million own shares, with a nominal value of RON0.1 per share. -
ZF English - 17:35 Nov 12, 2024
Transilvania Broker de Asigurare (stock symbol: TBK), one of the largest insurance brokers in Romania, recorded a net profit of RON2.2 million for the first nine months of 2024, down 65% compared to the same period of 2023, as per the company's quarterly financial report sent to the Bucharest Stock Exchange. -
ZF English - 17:20 Nov 12, 2024
Nuclear power producer Nuclearelectrica (stock symbol: SNN) and Framatome have announced the signing of a Collaboration Agreement for the production of the medical isotope Lutetium-177 (Lu-177) at the Cernavodă nuclear power plant in Romania. Lutetium-177 is used for a range of vital cancer treatments. -
ZF English - 17:06 Nov 12, 2024
The Bucharest Stock Exchange has announced on Nov 12 the official opening of the trading session for the listing of the shares of IMMO GURU, a company that operates in the field of leasing own real estate property, both in the short term and in the long term. -
ZF English - 15:50 Nov 12, 2024
Meat processor Angst Ro SRL, which went insolvent in March 2024, will put up for sale five retail spaces from Bucharest and Ilfov, worth a total EUR3.6 million, according to Infinexa Restructuring, a company which, together with Prime Insolv Practice SPRL, is part of a consortium designated insolvency administrator for Angst. -
ZF English - 14:29 Nov 12, 2024
Poland’s LuxVet Group, which operates on the market of veterinary clinics and hospitals in Central and Eastern Europe, has bought Pet Stuff, is one of the largest veterinary hospitals in Bucharest and Romania. -
ZF English - 13:51 Nov 12, 2024
Romania continues to be an attractive destination for Global Business Services (GBS) centers due to factors such as competitive labor costs, access to a large pool of specialists in key areas like IT, and proximity to European markets, as per an analysis by Horváth, a global management consulting company active in the Romanian market since 2005. -
ZF English - 12:26 Nov 12, 2024
The average net salary in Romania increased by 1.4% in nominal terms in September 2024 compared to August 2024, to 5,228 (EUR1,051), data from the country's statistics board INS showed on Tuesday (Nov 12, 2024). -
ZF English - 12:04 Nov 12, 2024
Romania's annual inflation edged higher in October 2024, to 4.7%, compared with 4.6% in September 2024, after being on a downward trend since July 2024, data from the country's statistics board INS showed on Tuesday (Nov 12). -
ZF English - 09:00 Nov 12, 2024
Piatra-Neamt-based farming machinery producer Mecanica Ceahlau ended the first nine months of 2024 with a RON4.4 million loss, almost triple the RON1.5 million loss registered on September 30, 2024. -
ZF English - 08:31 Nov 12, 2024
Mecanica Fina (MECE.RO), a producer of measuring, verification, control and navigation instruments and devices, registered RON15.1 million turnover in the first nine months of 2024, down 13% from the year-earlier period. -
ZF English - 08:07 Nov 12, 2024
Turism Felix, which manages five hotels in Baile Felix resort of Bihor county, reported RON1.66 million profit for January-September 2024 period, down 82% from the year-earlier period. -
ZF English - 07:44 Nov 12, 2024
Carbochim Cluj-Napoca, Romania’s largest producer of professional abrasives, in the first nine months of 2024 posted RON376,664 losses after RON117 million net profit in the year-earlier period. -
ZF English - 07:34 Nov 12, 2024
Romanian ambulance and special vehicle producer Deltamed currently exports around half of local production and wants to reach new opportunities in Europe, the Middle East and South-East Asia, explained Viorel Toadere, the company’s commercial manager. -
ZF English - 07:26 Nov 12, 2024
Techtex SRL, a company specializing in technical textile production, part of Taparo group, has entered an agreement with creditors. -
ZF English - 20:34 Nov 11, 2024
Spartan restaurant chain wants to expand into foreign markets under a franchise system, a model it has already tested in Romania. It has already opened a restaurant in Spain, where it analyzed initial results before deciding that expansion was possible.
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