ZF English
Source:
http://www.zfenglish.com
Found 15941 news
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ZF English - 06:16 Oct 16, 2023
Continental group has reached total investments of EUR600 million in the tire plant of Timisoara after 25 years of activity. And production has topped 300 million tires. -
ZF English - 06:11 Oct 16, 2023
Bacau-based group Agricola, a major producer of poultry, cold cuts and ready meals in Romania, has come to get almost one quarter (22%) of sales from abroad, with foreign receipts rising 6% from 2022. -
ZF English - 06:02 Oct 16, 2023
Private equity fund Mid Europa Partners has mandated investment bank Citi to find a buyer for store network Profi, one of the biggest retailers locally by turnover (EUR2.4 billion last year) and network (over 1,600 stores), according to ZF sources. -
ZF English - 05:52 Oct 16, 2023
Termoplast company of Roman, Neamt county, a producer of PVC and aluminum doors and windows, controlled by local entrepreneurs, aims for EUR18 million turnover this year, from EUR15 million in 2022, when it doubled its business. -
ZF English - 23:24 Oct 13, 2023
Only 11% of Romanians could financially cope with the costs of repairing or replacing goods affected by a potential climate-related disaster that would affect their home, as per the latest sociological survey carried out by IRES for the National Association of Insurance and Reinsurance Companies in Romania (UNSAR) -
ZF English - 22:54 Oct 13, 2023
EY Romania has recruited Carmen Sauer for the position of SAP Practice Director within the Technology Consulting Department. -
ZF English - 22:18 Oct 13, 2023
More than a third of Romanians (34.3%) want to take out a loan in the coming months, of which almost 62% want a personal loan, according to a tbi bank survey among 1,057 respondents across the country. -
ZF English - 21:59 Oct 13, 2023
E.ON Energie Romania has completed the construction and installation of a solar power generation system for the company Printmasters (in Maramures County), in the wake of a nearly EUR500,000 investment. -
ZF English - 20:41 Oct 13, 2023
Romania's current account balance posted a deficit of EUR13.7 billion in January-August 2023, lower than the EUR18.5 billion level reported in the same period of 2022, central bank data showed on Friday (October 13, 2023). -
ZF English - 18:11 Oct 13, 2023
Mihaela Lupu, currently Chief Financial Officer for Central and Eastern Europe within UniCredit Group, will be the new Chief Executive Officer (CEO) and Chairman of the Board of Directors of UniCredit Bank in Romania, starting with October 16, 2023. -
ZF English - 17:43 Oct 13, 2023
Employees in the IT sector are considering looking for new jobs in order to mitigate the financial impact of the government's latest tax measures, as per a survey by online recruitment platform Bestjobs. -
ZF English - 15:09 Oct 13, 2023
Instant.ro, the first AI-based platform in Romania that mediates second-hand car sales, has closed its first funding round, raising EUR300,000 from several investors. -
ZF English - 06:52 Oct 13, 2023
Romania will in 2024 become a regional logistic hub for Noark Electric Europe, part of Chinese conglomerate CHINT, and the coming years are also likely to bring Noark production facilities in the local economy, explained Eugen Toma, country manager at Noark Electric Romania. -
ZF English - 06:43 Oct 13, 2023
Donna Medical Center of Bucharest, a business set up in 2011 by Elena Claudia Teodorescu, a radiologist specializing in breast imaging, has opened a new clinic in Romania’s capital city, a women’s oncology center, in the wake of EUR250,000 investments. -
ZF English - 06:35 Oct 13, 2023
In November 2013, PepsiCo’s plant of Popesti-Leordeni had 288 employees and one million snacks bags were churned out. Today, a decade later, the plant’s output has doubled, its number of employees tops 500 and in recent years the unit has been the target of EUR100 million investments in production lines, new technologies and a bigger warehouse. -
ZF English - 22:16 Oct 12, 2023
Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, continued to stagnate at 6.40% a year since early October, just like in September and in the second half of August 2023. -
ZF English - 21:40 Oct 12, 2023
The seven mandatory private pension funds in Romania (Pillar II) generated an annual average yield of 18% between September 2022 and September 2023, for the 8 million Romanian participants. -
ZF English - 21:08 Oct 12, 2023
Sandwich panel and metallic structure manufacturer Romconstruct A G Buzau, held by entrepreneur Gheorghe Tarus, reported a turnover of RON170.8 million (EUR34.6 million) for 2022, up 23.5% from RON138.3 million (EUR28.1 million) in 2021, as per calculations by Ziarul Financiar (ZF) daily based on finance ministry data. -
ZF English - 20:53 Oct 12, 2023
Concrete prefab manufacturer Prebet Aiud (PREB.RO) has secured shareholders’ vote to increase its ownership stake in Roca Investments through the acquisition of shares or participation in the share capital increase within the limit of the amount of EUR5 million, as shown by the decision of the General Meeting of Shareholders of Oct 11 sent to the Bucharest Stock Exchange. -
ZF English - 20:27 Oct 12, 2023
Foreign Direct Investment On Construction And Property Deals Segment Reached EUR18.5 Billion In 2022
The foreign direct investment (FDI) stock on the construction and property deal segment reached EUR18.59 billion at end-2022, seeing the third highest growth rate among all economic sectors in 2022, after industry (EUR32.6 billion in 2022 vs EUR29.4 billion in 2021) and trade (EUR19.1 billion in 2022 vs EUR17.2 billion in the previous year), as per data from Romania's central bank, analyzed by real estate consulting firm Cushman & Wakefield Echinox
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