ZF English
Source:
http://www.zfenglish.com
Found 19512 news
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ZF English - 20:09 Jul 16, 2024
Floorboard producer Barlinek Romania, the local subsidiary of Polish group Barlinek controlled by billionaire Michal Solowow, ended 2023 with a turnover of RON251.6 million (EUR50.9 million), down 14.2% from RON293.4 million (EUR59.5 million) turnover reported in 2022, in line with finance ministry data. -
ZF English - 19:49 Jul 16, 2024
Elit, one of the largest cold cuts producers in Romania, part of China's Smithfield Group, for 2023 reported a turnover of RON790.5 million (EUR159.8 million), up 6.4% from RON742.8 million (EUR150.6 million) turnover reported in 2022, Ziarul Financiar (ZF) daily has calculated from Finance Ministry data. -
ZF English - 11:19 Jul 16, 2024
Danone Romania has appointed Oana Beja country topline unit leader, starting June, a position from which she will supervise the commercial operations of the company. -
ZF English - 10:45 Jul 16, 2024
BAT, the largest tobacco company in Romania, is the second contributor to Romania’s state budget, with a total contribution of RON10.8 billion (EUR2.1 billion) in excise and taxes to the state budget in 2023. -
ZF English - 09:00 Jul 16, 2024
Paver manufacturer Symmetrica (Suceava County) posted more than RON150 million (some EUR30 million) revenue in the first half, an increase of 40% compared with the first half of 2023, as a result of the 12% growth in the sales of water/sewer and road infrastructure products. -
ZF English - 08:05 Jul 16, 2024
Private medical service network MedLife continues expansion of its mental health center chain MindCare with a new such facility in Craiova, after those in Bucharest and Constanta. -
ZF English - 07:35 Jul 16, 2024
Dutch discount non-food retailer Action is getting ready to enter Romania, ZF sources say. The group has already begun recruiting for management positions to build a core team first. -
ZF English - 18:21 Jul 15, 2024
Car parts wholesaler Unix Auto reported a turnover of RON429.9 million (nearly EUR87 million) for 2023, up 19.7% from RON359.1 million (EUR72.8 million) turnover recorded in 2022, Ziarul Financiar (ZF) daily has calculated from Finance Ministry data. -
ZF English - 18:09 Jul 15, 2024
Grain trader Agropec Dionis ended 2023 with a turnover of RON740.5 million (EUR149.7 million), up nearly 11% from RON667.3 million (EUR135.3 million) turnover in 2022, Ziarul Financiar (ZF) daily has calculated from Finance Ministry data. -
ZF English - 17:50 Jul 15, 2024
The European Bank for Reconstruction and Development (EBRD), the largest institutional investor in Romania and one of the longest-standing Banca Transilvania shareholders, has made a minority equity investment in Arobs Transilvania Software (AROBS.RO), the largest IT company listed on the Bucharest Stock Exchange. -
ZF English - 17:21 Jul 15, 2024
State-run electricity producer Hidroelectrica (H2O.RO) chief investment officer Bogdan Badea sold 1,032 Hidroelectrica shares for RON128.8, the company said in a report to the Bucharest Stock Exchange on Monday. -
ZF English - 16:47 Jul 15, 2024
Romania's current account deficit stood at EUR9.17 billion in January-May 2024, higher by 34% than the EUR6.8 billion level recorded in the same period of 2023, central bank data showed on Monday (July 15, 2024). -
ZF English - 16:03 Jul 15, 2024
Administrative and compliance service provider TMF Group has signed a lease for 1,700 square meters of office space in America House, the office building whose owners include Morgan Stanley, along with David Hay, in Bucharest’s Central Business District (CBD). -
ZF English - 14:31 Jul 15, 2024
Electrica (EL.RO), a company in which the Romanian government is the largest shareholder with 48.8%, on Monday notified the Bucharest Stock Exchange of having completed the acquisition of New Trend Energy SRL from Emanuel Muntmark and Catalin Mreieru. Electrica did not say how much the deal was worth. -
ZF English - 13:30 Jul 15, 2024
Romania's Finance Ministry has raised RON855 million from banks on Monday (July 15), selling government paper at an annual average yield of 6.40%. -
ZF English - 13:05 Jul 15, 2024
The Competition Council has approved the transaction whereby Banca Transilvania S.A. intends to acquire OTP Bank Romania S.A., OTP Leasing Romania IFN S.A., OTP Asset Management Romania S.A.I. S.A., OTP Factoring S.R.L. and its subsidiaries, OTP Consulting Romania S.R.L., OTP Advisors S.R.L. and OTP Bank Romania Foundation. -
ZF English - 12:35 Jul 15, 2024
Stay Fit Gym, Romania’s second largest fitness center chain, plans to expand its network to 50 centers until the end of 2024 and to reach 50,000 subscribers. -
ZF English - 11:34 Jul 15, 2024
Real estate developer STC Partners is expanding its team, with the positions of Sales Manager and Technical Director being taken over by Elena Palade and Bogdan Bazarea, respectively. -
ZF English - 10:58 Jul 15, 2024
Cartofisserie, a Romanian-held fast-food restaurant chain established by the founders of the Delaco dairy brand, ended 2023 with RON100 million sales, an increase of 50% on the previous year, Finance Ministry data show. -
ZF English - 10:40 Jul 15, 2024
Austrian transport and logistics company Gebrüder Weiss has invested nearly EUR90 million in the last 30 years to expand its infrastructure in Romania, inflation adjusted value, reaching nine large logistics centers in the cities of Bucharest, Arad, Sibiu, Cluj, Bacau, Brasov, Constanta and Craiova, and some 700 employees.
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