ZF English
Source:
http://www.zfenglish.com
Found 19990 news
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ZF English - 08:15 Oct 31, 2024
Ford Otosan Craiova yesterday opened the new battery assembly line set to support the production of EVs due to enter production in the coming period in Romania, as part of the EUR490 million investment announced in 2022, when it took over the Craiova plant. -
ZF English - 08:04 Oct 31, 2024
Iulian Stanciu, one of the best-known entrepreneurs in Romania, president of eMAG group, has entered the shareholding structure of oil drilling company Foraj Sonde Videle (FOJE), via the acquisition of a 33% stake from businessman Sever Raicu, in line with ZF data. -
ZF English - 07:49 Oct 31, 2024
A new drug plant has officially launched in Romania after Germany’s Stada inaugurated the production unit of Turda, Cluj county. -
ZF English - 13:54 Oct 30, 2024
Bucur Obor company, which manages the Bucharest shopping center of the same name, posted RON18.2 million turnover in the first nine months of 2024, from RON17.8 million in the year-earlier period. -
ZF English - 13:45 Oct 30, 2024
Building materials producer TeraPlast Bistrita during the first nine months of 2025 registered losses of around RON7 million, after a RON6.8 million profit in the year-earlier period. -
ZF English - 08:24 Oct 30, 2024
Raiffeisen Bank, the local subsidiary of the Austrian group of the same name and the sixth largest bank in Romania by assets, generated RON1.26 billion profit in the first nine months of 2024, slightly down from the RON1.3 billion level reported in the year-earlier period. -
ZF English - 08:00 Oct 30, 2024
Grain trader Promat Comimpex of Tasnad, Satu Mare, controlled by Swiss group Ameropa, a major grain trader locally, in 2023 derived turnover worth RON1.348 billion (around EUR272.6 million), down 18.1% from 2022, in line with ZF calculations based on Finance Ministry data. -
ZF English - 07:53 Oct 30, 2024
Polystyrene producer Austrotherm Romania, the local subsidiary of the Austrian group of the same name, for 2023 reported turnover worth RON177.5 million (around EUR35.9 million), down 29.9% from 2022, in line with ZF calculations based on Finance Ministry data. -
ZF English - 07:44 Oct 30, 2024
Evopack, which produces cardboard and paper packaging in a plant in Piatra-Neamt and which delivers to McDonald’s KFC, Spartan and Mesopotamia restaurant chains, will open a subsidiary and a warehouse in Budapest in December as part of its regional expansion plan. -
ZF English - 07:38 Oct 30, 2024
Bucharest’s Corinthia hotel will open in the first part of 2025, more specifically in the first quarter, Simon Casson, Corinthia Group CEO, told ZF. -
ZF English - 10:43 Oct 29, 2024
OMV Petrom, Romania’s largest company by turnover, reported sales worth RON26.7 billion in the first nine months of 2024, down 6% from the year-earlier period, while net profit rose by 54% to RON3.9 billion amid the elimination of the tax on refined crude oil. -
ZF English - 07:55 Oct 29, 2024
Armchair and sofa manufacturer Italsofa Romania, the local subsidiary of Italian group Natuzzi, for 2023 reported turnover worth RON238.9 million (EUR48.3 million), down 29.3% from 2022, in line with ZF calculations based on Finance Ministry data. -
ZF English - 07:48 Oct 29, 2024
Hotel company ARO Palace, controlled by Transilvania Investments, has signed the franchise agreement with hotel chain Hyatt to transfer the ARO Palace hotel under the international brand. -
ZF English - 09:35 Oct 28, 2024
A delegation of the International Monetary Fund led by Jan Kees Martjin, head of the IMF mission in Romania, will visit the country during November 5-8 period, within the periodical meetings the institution has with Romanian authorities. -
ZF English - 08:09 Oct 28, 2024
Private healthcare company MedLife is continuing acquisitions and announces the takeover of the majority stake of 60% in Tulcea-based Routine Med. -
ZF English - 07:57 Oct 28, 2024
Lunet Eyewear, the only local producer of glasses, launched in 2019, is considering the opportunity of listing on the AeRO platform of the Bucharest Stock Exchange. -
ZF English - 06:58 Oct 28, 2024
Real estate developer One United Properties sold long-term rental properties, part of its commercial project portfolio, worth EUR52.4 million in the past 18 months. -
ZF English - 06:11 Oct 25, 2024
Car parts manufacturer Optibelt Power Transmission, the local subsidiary of Germany’s Arntz Optibelt, in 2023 posted turnover worth RON325.7 million (EUR65.8 million), down 11.2% from 2022, in line with ZF calculations based on Finance Ministry data. -
ZF English - 06:04 Oct 25, 2024
Electrical and electrotechnical component manufacturer Weidmüller Interface Romania, the local subsidiary of Germany’s Weidmüller Group, reported turnover worth around RON297 million (EUR60 million) for 2023, down 17.4% from 2022, in line with ZF calculations based on Finance Ministry data. -
ZF English - 05:57 Oct 25, 2024
Altex, Romania’s largest electro-IT retailer, has opened eight stores this year and continues local expansion. The company now has 135 stores in Romania’s main cities.
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