ZF English
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http://www.zfenglish.com
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ZF English - 10:56 Nov 05, 2024
Romanian companies’ success largely depends on leaders’ ability to adapt to the ever-changing demands of the labor market (81%), but more than half of the companies (57%) are not prepared to address this topic, according to Deloitte 2024 Global Human Capital Trends survey for Romania. -
ZF English - 10:51 Nov 05, 2024
JYSK, Phillip Morris, Deichmann, dm drogerie markt and Starbucks are the companies most appreciated by their employees, according to “Top Employers Undelucram.ro 2024”, a ranking conducted by the Undelucram.ro platform, the largest online community of employees in Romania and one of the most important in Central and Eastern Europe. -
ZF English - 09:05 Nov 05, 2024
Law firm Clifford Chance Badea has assisted Alpha Bank Group and Alpha Bank Romania S.A. with regard to all the aspects of Romanian law for the sale of 90.1% in Alpha Bank Romania S.A. to UniCredit S.p.A. -
ZF English - 08:59 Nov 05, 2024
Entrepreneurial company DN Agrar, which manages Romania’s largest integrated livestock farm, has announced the start of the operational activities at the compost factory of Apold m following the finalization of the first automated manure composting unit and organic fertilizer production facility. -
ZF English - 08:29 Nov 05, 2024
Shipbuilder Santierul Naval Orsova has sealed two contracts with Dutch-held Rensen-Driessen Shipbuilding for the construction of two river vessels. -
ZF English - 08:12 Nov 05, 2024
Ukrainian retailer Aurora Multimarket, which entered the Romanian market in the autumn of 2023, by opening its first store in Suceava, has now reached, after one year, a network of 25 units, and the company’s plans are not stopping here. -
ZF English - 06:30 Nov 05, 2024
Comes of Savinesti, Neamt county, a supplier of heat-transfer and pressure equipment and spare parts for chemical, petrochemical, oil and gas industries, expects to end 2024 with EUR25 million turnover and for next year has budgeted EUR28 million, according to its officials. -
ZF English - 06:22 Nov 05, 2024
Transilvania Constructii, a company that develops, owns and manages industrial properties under TRC Parks network, controlled by Timofte family of Cluj-Napoca, for 2023 reported turnover worth RON45.3 million (EUR9.1 million), up 9% from 2022, in line with ZF calculations based on Finance Ministry data. -
ZF English - 06:17 Nov 05, 2024
Innova Capital, a major financial investor in CEE, has made three acquisitions and an exit on the local market in the past two years. -
ZF English - 20:03 Nov 04, 2024
Focsani-based textile manufacturer Pandora Prod, owned by the Simiz family, posted RON292.2 million (more than EUR59 million) revenue in 2023, up almost 35% from the previous year’s RON216.6 million (about EUR44 million), according to ZF calculations based on Finance Ministry data. -
ZF English - 19:15 Nov 04, 2024
Turism Felix (TUFE.RO), a company that runs five hotels in Baile Felix resort in Bihor County, announced the Financial Supervisory Authority had approved the tender offer launched by Transilvania Investments Alliance (TRANSI.RO), its majority shareholder, which owns 93% in it. -
ZF English - 18:14 Nov 04, 2024
Law firm RTPR assisted Swedish investment company Oresa and entrepreneur Cristian Amza in the sale of La Fantana Group, which has subsidiaries in Romania and Serbia to strategic investor Axel Johnson. -
ZF English - 17:12 Nov 04, 2024
Romania's Finance Ministry raised RON500 million from banks on Monday (Nov 4), selling government paper at an annual average yield of 6.04%. -
ZF English - 16:57 Nov 04, 2024
New registrations of road vehicles for passenger transport increased by 4.7% in the third quarter of 2024 compared to the third quarter of 2023, data from the country’s statistics institute INS show on Monday (Nov 4, 2024). -
ZF English - 16:47 Nov 04, 2024
UniCredit S.p.A. (“UniCredit”) and Alpha Services and Holdings S.A. (“Alpha”) announce that after securing all the necessary approvals from the relevant authorities and completing the due diligence process, UniCredit has bought from Alpha International Holdings S.M.S.A., a wholly owned subsidiary of Alpha, a stake of 90.1% in Alpha Bank Romania S.A. (“Alpha Bank Romania”) for a price made up of 9.9% of UniCredit Bank S.A.’s (“UniCredit Bank Romania”) share capital and about EUR255 million in cash. -
ZF English - 15:46 Nov 04, 2024
eMAG Group, one of the largest retailers in the region, is starting the 2024 Black Friday sales campaign on November 8 and expects to exceed RON800 million in sales, eMAG representatives told a press conference organized by the company. -
ZF English - 13:01 Nov 04, 2024
Masterbuild General Contractor & Developer has completed the works on Pitesti Shopping Park, developed by Square 7 Properties in partnership with Belgian investment fund Mitiska REIM. -
ZF English - 12:45 Nov 04, 2024
Romania's Hidroelectrica and Norway's SINTEF will access EUR214,459 financing through a mechanism of grants provided by Iceland, Liechtenstein and Norway with a view to carrying out a project aimed at developing the knowledge and skills of their own specialists in implementing modern solutions for optimizing the operation of hydropower plants. -
ZF English - 11:33 Nov 04, 2024
Signal Iduna Asigurare Reasigurare, the leader of the local health insurance market, announces the signing of an agreement for the acquisition of a majority stake in the company Garanta Asigurari whose main shareholder is The Ethniki, Hellenic General Insurance Company. -
ZF English - 10:56 Nov 04, 2024
Garanti BBVA and the European Investment Fund (EIF) have signed an agreement to provide guarantees of minimum EUR30 million to enhance competitiveness and sustainability of Romanian companies.
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