ZF English
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http://www.zfenglish.com
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ZF English - 07:00 Apr 22, 2024
Romanian company Romarg, specializing in web hosting and domain registration services, in 2023 registered turnover worth above RON20.6 million (EUR4.1 million), up 25% from 2022, while its net profit posted an even bigger growth, of 142%, to almost RON3 million (EUR600,000). -
ZF English - 06:51 Apr 22, 2024
Carmen Pavel, head of travel agency J’Info Tours, one of the largest on the market, says she expects a 24% turnover increase this year, to EUR7.8 million. -
ZF English - 06:43 Apr 22, 2024
Elmas Brasov, a Romanian producer of lifting equipment, ended 2023 with RON202 million turnover, 7% higher than in 2022, in line with ZF calculations based on Finance Ministry data. -
ZF English - 06:37 Apr 22, 2024
Freight carrier Sorcani, controlled by entrepreneur Mircea Barbu and one of the most dynamic freight carriers locally, ended 2023 with RON88.4 million turnover, up 14% from 2022, and for 2024 expects a two-digit advance. -
ZF English - 15:45 Apr 19, 2024
Shareholders of Aerostar Bacau (stock symbol ARS), a supplier of aerostructures, components, assemblies for hydraulic systems for global manufacturing programs, decided in the April 18 meeting to distribute RON32 million of the RON93 million net profit of 2023 as dividends. -
ZF English - 13:17 Apr 19, 2024
A multidisciplinary team of lawyers from Reff & Asociatii | Deloitte Legal and financial and tax consultants from Deloitte Romania assisted the owners of Expo Market Doraly, Gheorghe Iaciu and the real estate investment fund ARA Europe, in the sale of the business park in its entirety to the Belgian real estate developer WDP, the second largest owner of industrial-logistic spaces in Romania, with a portfolio of almost 1.7 million square meters. -
ZF English - 09:42 Apr 19, 2024
ROCA Agri RDF, the agricultural holding company of ROCA Investments, has appointed Bogdan Vlad chief executive officer, after the end of the term of interim CEO Alexandru Savin, who will continue to serve as senior investment manager with ROCA Investments -
ZF English - 08:57 Apr 19, 2024
Romania ended 2023 with a 5.6% unemployment rate (455,600 people), about the same as in 2022 and 2021, as the employment rate for people aged 20-64 stood at a 68.7%, an increase of 0.2% year-on-year, National Statistics Institute (INS) data released on Friday show. -
ZF English - 21:08 Apr 18, 2024
In February 2024, the volume of construction works increased, in unadjusted data, by 53.7% compared to January 2024 and was up 17.5% when adjusted to the number of working days and to seasonality, data from the country’s statistics board INS showed on Thursday (April 18). -
ZF English - 20:53 Apr 18, 2024
Cluj-Napoca-based Alfa Software, specialized in the development and implementation of business software solutions, reported net profit of over RON6.6 million (EUR1.3 million) for 2023, up 44% from 2022, and a turnover of almost RON18 million (EUR3.6 million), up 31% from 2022, as per data provided by the finance ministry. -
ZF English - 20:33 Apr 18, 2024
Melinda-Impex Instal, a plumbing and sanitary ware distributor in Odorheiu Secuiesc, is buying Dennymona MG and Arnew Den in Arad County, according to an announcement from the Competition Council, which greenlighted the dead. The two companies acquired sell heating products and sanitary ware and have RON26.6 million together. -
ZF English - 19:59 Apr 18, 2024
The group of IT firms Arobs Transilvania Software (stock symbol AROBS) has informed the capital market regarding the decision of the Board of Directors of April 18 regarding the increase of the share capital with the amount of up to RON17.4 million. -
ZF English - 18:58 Apr 18, 2024
Construction company CON-A Operations in Sibiu, the main entity of the CON-A Group of entrepreneur Mircea Bulboaca, ended 2023 with about RON772.6 million (EUR156.2 million) revenue, an increase of 34.7% on the RON573.3 million (EUR116.2 million) of 2022, ZF has calculated from Finance Ministry data. -
ZF English - 16:38 Apr 18, 2024
Sphera Franchise Group (stock symbol SFG), which manages KFC, Pizza Hut and Taco Bell restaurants of Romania, as well as KFC units of Italy and the Republic of Moldova, said in a stock market report on April 18 that it plans to distribute an additional dividend in 2024, similar to the one already proposed. -
ZF English - 16:22 Apr 18, 2024
B.D.G. Import, the only Romanian-owned company in the top three imported spirits businesses in the country, announces the addition of the William Grant & Sons brands to its portfolio, starting April 2024. -
ZF English - 15:59 Apr 18, 2024
Romania's Competition Council has approved the transaction whereby Emma Lambda Limited, Cyprus, intends to take over Stratum Energy Romania LLC, USA, together with Stratum Energy Romania LLC Wilmington, Bucharest branch and its subsidiaries, namely Stratum Construct RO S.R.L. Romania and Stratum Production Romania, LLC, USA. -
ZF English - 15:41 Apr 18, 2024
Romania's Finance Ministry raised RON600.5 million from banks on Thursday (April 18, 2024) selling government bonds with a value of RON600 million due in 2030, at an annual average yield of 6.61%. -
ZF English - 13:59 Apr 18, 2024
Banca Comerciala Romana (BCR) announces a new expansion of the George digital ecosystem through the launch of George SmartEU, a functionality that facilitates entrepreneurs’ access to complete information about financing programs through European or national funds. -
ZF English - 13:49 Apr 18, 2024
Crosspoint Real Estate one of Romania’s leading real estate consulting agencies, has announced the recent appointment of Oana Popescu as Partner. -
ZF English - 11:50 Apr 18, 2024
Logistics and transportation costs are the major challenges faced by Romanian online stores when selling products abroad, according to the latest survey by Packeta Romania, a global digital platform for e-commerce and a member of Packeta Group.
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