ZF English
Source:
http://www.zfenglish.com
Found 19501 news
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ZF English - 18:12 Feb 16, 2024
The mandatory private pension funds in Romania (Pillar II) in 2023 increased by nearly 3% their ownership stake in OMV Petrom (SNP.RO), the sole oil and gas producer in Romania and the largest integrated energy company in Southeast Europe, reaching a holding of 14.2% (8.8 billion shares), in line with calculations by Ziarul Financiar (ZF) daily based on data provided by web platform DesprePensiiPrivate.ro. -
ZF English - 17:24 Feb 16, 2024
The European Commission, in its Winter Forecast on February 15, revised downwards its forecast for Romania’s economic growth to 2.9% for 2024 and 3.2% for 2025, lower by 0.2 percentage points (pp) for each of the two years compared to the predictions in its November 15 Autumn Forecast. -
ZF English - 15:35 Feb 16, 2024
Transilvania Investments Alliance (TRANSI.RO), an alternative investment fund listed at the Bucharest Stock Exchange, ended 2023 with net profit of RON232.26 million, up 264.5% from 2022, being the best result of the last five years. -
ZF English - 09:48 Feb 16, 2024
Mihai Posedaru, manager of Bencomp SRL Buzau, a Romanian producer of WPC profiles, says he is developing a new production facility, a WPC door plant in Buzau, in an investment put at EUR4 million. -
ZF English - 07:59 Feb 16, 2024
French-held group Saint-Gobain, which owns several mainly building materials plants in Romania, in the first half of 2023 finalized investments in a new plasterboard production line, in Turda, Cluj county. -
ZF English - 01:51 Feb 16, 2024
Aro Palace Takes First Step Towards Sealing Franchise Agreement With International Hotel Group Hyatt
Aro Palace, the company that manages hotels in Brasov, has announced the first step towards striking a franchise agreement with international group Hyatt for the Aro Palace Hotel. -
ZF English - 01:16 Feb 16, 2024
Pras Consulting, a provider of IT solutions and services, ended 2023 with a 62% surge in turnover vs 2022, to over EUR6.8 million, which was nearly 75% generated by the relationship with business partners in the private sector, company representatives said in a statement. -
ZF English - 00:36 Feb 16, 2024
US Software Company TaxDome Enters Romanian Market, Eyes EUR125,000 Turnover In 1st Year Of Activity
TaxDome, a software company founded in 2017 in New York, is entering the Romanian market, as the local business landscape indicates accelerated growth and considerable progress in digitalization, company representatives said a statement. -
ZF English - 00:20 Feb 16, 2024
Orange Romania, the leader of the local telecom market, reported turnover of EUR1.551 billion for 2023, down 1.2% on the year. -
ZF English - 00:02 Feb 16, 2024
Against a backdrop of falling global M&A activity, dealmaking in Central and Eastern Europe (CEE) held up relatively well, according to a recent Mazars report. -
ZF English - 23:47 Feb 15, 2024
Romania's equity market presence in the MSCI indices will increase to 26 companies from March 1, 2024, following the quarterly index review conducted by global index provider MSCI in February 2024. -
ZF English - 23:29 Feb 15, 2024
Nuclearelectrica has signed, in Rome, in the presence of Romania's economy minister Stefan-Radu Oprea, and the Minister of Business and Made in Italy, Adolfo Urso, a Memorandum of Understanding (MoU) with SACE and Ansaldo Nucleare to advance the development and financing of Cernavoda NPP Unit 1 Refurbishment and Cernavoda NPP Units 3 and 4. -
ZF English - 21:18 Feb 15, 2024
At the end of 2023, electricity distribution company Distributie Oltenia drafted the documents needed to obtain financing from the energy ministry for 22 projects, in the counties of Arges, Dolj, Gorj, Mehedinti, Olt, Teleorman and Valcea. -
ZF English - 20:55 Feb 15, 2024
Romania's new industrial orders in manufacturing, for the total (on the domestic and external markets) plunged 14.6%, in nominal terms, in December 2023 compared to November 2023, and inched down 1% compared to December 2022, data from the country's statistics board INS showed on Thursday (February 15). -
ZF English - 18:41 Feb 15, 2024
Romania’s industrial sales (on the domestic and external markets) decreased by 15.7% in nominal terms in December 2023 compared to November 2023 and by 4% versus December 2022, data from the country’s statistical office INS showed on Thursday (February 15). -
ZF English - 16:26 Feb 15, 2024
Romania's wine production was 15% higher in 2023 vs 2022, despite coming from a total vineyard area slightly reduced compared to the previous years, in line with data from ONVPV, analyzed by Wines of Romania. -
ZF English - 15:09 Feb 15, 2024
Romania's Finance Ministry raised RON654 million from banks on Thursday (February 15, 2024) selling bonds with a nominal value of RON500 million due in April 2030, at an annual average yield of 6.60%. -
ZF English - 13:28 Feb 15, 2024
Romania's energy ministry and the companies Retele Electrice Muntenia, Retele Electrice Banat and Retele Electrice Dobrogea (part of the PPC Group in Romania, previously named E-Distributie Muntenia, Banat, respectively Dobrogea) signed six non-reimbursable financing contracts via the Modernization Fund. -
ZF English - 12:38 Feb 15, 2024
Mihaela Rodica Suciu, the General Manager of Distributie Energie Electrica Romania (DEER), and Energy Minister Sebastian Burduja have signed new contracts for the financing of seven projects, with a total value of almost a quarter of a billion euros, and the non-refundable financing reaches EUR171 million. -
ZF English - 11:29 Feb 15, 2024
Stay Fit Gym, Romania’s second largest fitness center chain, targets revenues worth around RON80 million in 2024, double the level of the 2023 result, based on its expansion and organic growth strategy.
19501 items