ZF English
Source:
http://www.zfenglish.com
Found 19512 news
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ZF English - 06:41 Jul 31, 2024
Sergiana group of Brasov has an investment plan that includes renovation of several restaurants part of its portfolio, the expansion of the traditional meat products store network and the installation of photovoltaic panels. On the long term, the entrepreneur family also mulls opening a hotel. -
ZF English - 20:15 Jul 30, 2024
Automotive component manufacturer Lear Corporation Romania, part of US’ Lear Corporation, posted RON1.642 billion (EUR332.1 million) revenue in 2023, an increase of 14% on the previous year’s RON1.441 billion (EUR292.2 milion), Finance Ministry data show. -
ZF English - 19:35 Jul 30, 2024
Slovenian startup Leanpay, which has been present in Romania with its Buy Now Pay Later (BNPL) digital lending solution since 2023, has raised a new series B round of funding worth EUR10 million. -
ZF English - 18:26 Jul 30, 2024
Cafea Fortuna, the leading Romanian-held coffee producer, ended 2023 with RON255 million revenue, an increase of 15% year-on-year, Finance Ministry data show. -
ZF English - 17:28 Jul 30, 2024
Radauti-based home appliances wholesaler Marelvi, controlled by local entrepreneur family Mihalescul, reported a turnover of RON340 million (EUR68.7 million) for 2023, down 2.3% from RON348.1 million (EUR70.6 million) turnover reported in 2022, Ziarul Financiar (ZF) daily has calculated from finance ministry data. -
ZF English - 17:03 Jul 30, 2024
The Board of Directors of Roca Industry Holdingrock1 (ROC1.RO), the Romanian holding of construction materials companies, has called its shareholders for July 29, 2024 to approve a corporate bond issuance program – carried out in one or several rounds-, in the amount of maximum RON50 million or the equivalent in euro. -
ZF English - 15:08 Jul 30, 2024
Capital city Bucharest remained the most dynamic office lease market in the first half of 2024 too, with local companies covering 84% of the total volume of office spaces transacted in Romania, as per an analysis by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate Alliance. -
ZF English - 13:58 Jul 30, 2024
City Grill Group, one of the leading actors in the Romanian restaurant industry, founded by Dragos Petrescu, ended the first half of 2024 with a turnover of EUR31 million, up 18% from the same period of 2023, and carried out investments worth EUR1.5 million. -
ZF English - 13:54 Jul 30, 2024
Banca Transilvania (TLV.RO), the largest lender in Romania by assets, notified the Bucharest Stock Exchange of having signed the papers to complete the acquisition of OTP Bank Romania in its entirety from OTP Bank Nyrt and Merkantil Bank Zrt on July 30. -
ZF English - 13:47 Jul 30, 2024
Local startup QOOBISS, a fintech company focused on process automation and specializing in the development of remote identity verification solutions using video means, is investing half a million euros in 2024 in Origin, a global platform for the complete digitalization of interraction with clients. -
ZF English - 13:30 Jul 30, 2024
InterCapital Asset Management, Croatia’s biggest independent investment manager and the manager of InterCapital BET-TRN UCITS EFT, the newest ETF tradeable at the Bucharest Stock Exchange, announced the value of assets managed by the fund has topped EUR15 million. -
ZF English - 13:17 Jul 30, 2024
Investment fund Innova Capital has sold Optical Investment Group, a leading retail of optical eyecare and eyewear products in Romania, which includes retail operations (OptiBlu and Optiplaza stores) and wholesale ones, to one of the world’s largest players on the optical market, giant EssilorLuxottica. -
ZF English - 11:59 Jul 30, 2024
The National Railway Supervision Council (NRSC), part of Romania's Competition Council, has fined Grup Feroviar Roman (GFR) a total of RON3.49 million for failing to comply with the measures imposed by the national regulatory body and to allow all railway transport operators access to the service infrastructures it operates at CF Palas station in the Constanta Port area. -
ZF English - 11:21 Jul 30, 2024
Romania's Competition Council has approved the transaction whereby Cyprus' Premier Energy PLC, through Premier Renewable Invest Co S.R.L., intends to acquire Eolica Dobrogea One S.A. -
ZF English - 10:34 Jul 30, 2024
Despite technology transforming consumers’ retail experience, allowing them to seamlessly shop between online, social media, in-app and in-game, 32% of consumers still crave the personal service that only in-store shopping can provide, according to the latest release of data from the EY Future Consumer Index (FCI) – which surveyed more than 23,000 consumers across 30 countries. -
ZF English - 10:27 Jul 30, 2024
Bucharest Stock Exchange (BVB) has launched a new index, Bucharest Exchange Trading Energy, Utilities and Financials (BET-EF), dedicated to the best represented sectors in the capital market, energy, utilities and financial ones, except for investment funds. -
ZF English - 07:36 Jul 30, 2024
Raiffeisen Bank Romania, the sixth largest bank by assets, ended the first half of 2024 with RON820 million net profit, down 6.17% from the year-earlier period. -
ZF English - 06:52 Jul 30, 2024
Supply crunches and the desire of no longer depending on suppliers have pushed several Romanian builders to invest in their own building materials plants. -
ZF English - 06:42 Jul 30, 2024
Aircraft parts manufacturer Sonaca Aerospace Transilvania, the local subsidiary of Belgian group Sonaca, for 2023 reported turnover worth RON62.3 million (EUR12.6 million), up 4.6% from 2022, in line with ZF calculations based on Finance Ministry data. -
ZF English - 06:31 Jul 30, 2024
Private school Mark Twain International School will in 2024 start building a Flagship Campus in the area of Balotesti, which will be able to accommodate between 800 and 1,000 students. This is due to be opened in September 2026. The school will also start building the new Cosmopolis Campus this year, in the area of Stefanestii de Jos, able to accommodate between 600 and 800 students and scheduled for opening in September 2025.
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