ZF English
Source:
http://www.zfenglish.com
Found 19029 news
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ZF English - 06:55 May 14, 2024
Romania’s national power transmission company Transelectrica generated RON103 million net profit in the first quarter of 2024, up 29% from the year-earlier period, while operating revenues reached RON532 million, up 7%. -
ZF English - 21:09 May 13, 2024
German-held discount retailer Lidl, the leader of the Romanian food retail sector by turnover, was the sixth largest importer on the local market in 2023, with direct imports worth EUR1.5-2 billion, in line with estimates by Ziarul Financiar (ZF) daily based on data from Romania's statistical board INS and data previously provided by the company. -
ZF English - 20:51 May 13, 2024
Following a nearly $15 million investment to meet high domestic and international demand for corn and sunflower seeds from farmers, US-held Corteva Agriscience’s processing facility in Afumati, Ilfov County, became one of the group’s most important. Seeds produced in this place go to Bulgaria and Austria and even as far as the South Korea. -
ZF English - 20:24 May 13, 2024
Romania's Competition Council has approved the transaction whereby Aquila Part Prod Com, an entrepreneurial company providing distribution and logistics services for consumer goods in Romania, intends to take over Parmafood Group Distribution SRL and Parmafood Trading SRL. -
ZF English - 20:18 May 13, 2024
Jidvei, one of the largest players in the Romanian wine production and sale, ended 2023 with a turnover of almost RON215 million, up 15% on the year, and is hoping to maintain the same advance in 2024, as per data provided by company representatives at the request of Ziarul Financiar (ZF) daily.
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ZF English - 19:33 May 13, 2024
Five-star Grand Hotel Italia in Cluj, part of the Italian Select Hotels Group chain, is aiming for RON40 million revenue in 2024, up from RON35 million in 2023, following the opening its spa. -
ZF English - 17:32 May 13, 2024
Real estate developer Impact Developer & Contractor (IMP.RO) , held by businessman Gheorghe Iaciu, announced in a stock market report on May 13 that it appointed Campeanu Richard Dan-Sebastian as Interim General Manager of the company, starting with June 1, 2024. -
ZF English - 12:43 May 13, 2024
Romania's central bank has decided at its Board meeting on Monday (May 13, 2024) to keep its key interest rate unchanged at 7% a year, being the bank's fourth consecutive rate freeze in 2024 and the seventh consecutive freeze in 2023. -
ZF English - 11:57 May 13, 2024
Electricity and electrical equipment producer Electromagnetica (ELMA.RO) ended the first quarter of 2024 with net loss of RON3.1 million, compared to net profit of RON3.9 million in the same period of 2023, the company said in its quarterly financial report released on Monday (May 13). -
ZF English - 11:28 May 13, 2024
Rompetrol Rafinare, a member company of the KMG International Group (Rompetrol), has initiated the processes of restarting the production facilities at the Petromidia Navodari refinery, after the timely completion of the maintenance, recertification, and modernization of the units. -
ZF English - 08:37 May 13, 2024
Romanian state-owned port operator Oil Terminal in the first three months of 2024 posted net profit of RON28.4 million, up 21.6% from Q1/2023. -
ZF English - 08:26 May 13, 2024
Garanti BBVA Romania, part of Garanti BBVA Turkey, in 2023 posted net profit worth RON177 million, down 7% from 2022, and RON521 million operating revenues. -
ZF English - 08:16 May 13, 2024
CreditAmanet, a Romanian-held provider of pawnbroking and money exchange services, has invested over EUR2.5 million in a rebranding process and is changing its name to MAGNOR. -
ZF English - 08:08 May 13, 2024
The European Bank for Reconstruction and Development (EBRD) and APS, a leading non-performing loan (NPL) management firm in Europe, are jointly investing in a funded participation concerning a portfolio of around 2,000 sub-performing and non-performing loans in Romania sold by Piraeus Bank. -
ZF English - 07:12 May 13, 2024
Real estate developer One United Properties ended the first quarter of 2024 with RON419 million consolidated turnover, down 5% from Q1/2023, while net profit climbed 4% to RON157.3 million. -
ZF English - 07:02 May 13, 2024
Cybersecurity company Safetech Innovation reported turnover worth RON11.7 million at individual level for the first quarter of 2024, up 95% from the year-earlier period. -
ZF English - 06:26 May 13, 2024
Mandatory private pension funds (Pillar II) have in the past 16 years, since their launch in 2008, registered an average yield of 7.8% per annum, among the highest in Europe and OECD during this period, with the number of participants in the system now topping 8 million, namely the overwhelming majority of Romania’s working population, in line with data provided by the Romanian association for private pensions APAPR. -
ZF English - 06:15 May 13, 2024
Centric IT Solutions SRL, the local subsidiary of Dutch software solutions provider Centric IT Solutions, in 2023 registered net turnover worth RON120.1 million, up 22% from 2022. -
ZF English - 06:10 May 13, 2024
Draghici Dental group will invest another EUR1.8 million in 2024 in equipment for the new dental technique lab of Miroslava, Iasi county, which will drive total investments to around EUR4 million, explained Dan Draghici, founder of the group. -
ZF English - 04:00 May 11, 2024
Amber Studio, a local video game developer with $45 million revenue in 2022, has decided to waive EUR2.7 million in state aid that came with an obligation to create 120 jobs in Botosani and Craiova, with a total investment of EUR4.6 million, according to a shareholders' meeting notice the company published.
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