ZF English
Source:
http://www.zfenglish.com
Found 19501 news
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ZF English - 18:55 Jan 29, 2024
Online hypermarket Freshful, part of eMAG group, announced that it recorded an increase of over 119% in sales in 2023. -
ZF English - 18:07 Jan 29, 2024
Romania's Finance Ministry raised RON652 million from banks on Monday (January 29, 2024) selling bonds with a nominal value of RON500 million due in 2034, at an annual average yield of 6.49%. -
ZF English - 17:10 Jan 29, 2024
Shipbuilder Santierul Naval Orsova (SNO.RO) has informed the local stock market on Monday (January 29) that the Financial Supervisory Authority (ASF) approved the document for the public offer of mandatory takeover initiated by the two majority shareholders, namely, Sea Container Services and SIF Muntenia. -
ZF English - 17:02 Jan 29, 2024
On Monday, January 29, a special transaction (DEALS) with shares of green power producer Hidroelectrica (H2O.RO) worth RON84.2 million was registered in the Bucharest Stock Exchange system at 2:42 p.m., according to stock market data. -
ZF English - 16:13 Jan 29, 2024
Romanian executives forecast a period of relative stability in manufacturing industry, retail trade and services, in parallel with a moderate decrease in employee numbers in the construction sector and sharp price increases in retail trade, for the period January – March 2024, in line with a survey carried out by the country’s statistics board INS. -
ZF English - 12:52 Jan 29, 2024
Businesspeople look with concern at the prospects of 2024, against the background of the increase in operational costs and the evolution of inflation at a still very high level, expecting Romania to enter technical recession in the first half of 2024, as per the 5th edition of the Moneycorp barometer regarding the status of the Romanian economy. -
ZF English - 08:59 Jan 29, 2024
Adrem group, a major local entrepreneurial business providing services and solutions for the energy and industrial sector, has contracted an over RON32 million loan from ING to support its development plans, with a focus on the expansion of energy efficiency services. -
ZF English - 08:35 Jan 29, 2024
Financial analysts part of CFA Romania association estimate the Romanian currency will fall to an average exchange rate of 5.0781 units/euro in the next 12 months, while the estimated rate of inflation will reach an average value of 5.78%, down by less than a percentage point against the December 2023 rate. -
ZF English - 08:20 Jan 29, 2024
Romanian company TARA Interactive, specialized in software development, plans to expand its activity to the Middle East, Vlad Lepadatu, managing partner at the company, told ZF. -
ZF English - 08:09 Jan 29, 2024
WDP’s Romania projects in 2023 generated revenues of above EUR72 million, in line with the company’s report. -
ZF English - 08:02 Jan 29, 2024
Romanian state-owned oil transporter Conpet Ploiesti included in its 2024 revenues/expenses budget the sum of RON588.7 million for revenues, namely a 7.6% increase based on the 2023 estimated result. -
ZF English - 20:01 Jan 26, 2024
Electrical power producer Hidroelectrica (H2O.RO), the most profitable state-owned company in Romania, included a preliminary net profit of RON6.02 billion for 2023 in its 2024 spending and revenue budget, an all-time high and 50% above than the RON4 billion of 2022. -
ZF English - 19:17 Jan 26, 2024
Luca Militello, the CEO of the privately owned Monza health group, along with his wife and other partners, is betting EUR500,000 on expanding the Sciccheria brand of Italian restaurants by opening a second location in the center of Bucharest. It will be located in the Rosetti area, at 4, Tudor Arghezi. -
ZF English - 17:22 Jan 26, 2024
Specialty café chain Boiler has reached seven stores in Bucharest after the company opened a new one in the Casa Presei Libere area, a café-bistro in which it invested EUR380,000. -
ZF English - 12:23 Jan 26, 2024
Bankrupt wire factory Dan Steel Group Beclean, one of the most important companies in the Romanian metallurgical industry, has been sold in a public auction for EUR7.5 million euros to Intertranscom Impex SRL, a welded mesh manufacturer in Bacau owned by entrepreneur Ioan Teslaru. -
ZF English - 10:47 Jan 26, 2024
Danube freight carrier Transport Trade Services (TTS.RO) notified investors on Friday about a shareholder exceeding the 5% stake threshold. That shareholder is Metropolitan Life Pensii Private, one of the largest Pillar II pension funds in Romania. -
ZF English - 09:56 Jan 26, 2024
The European Investment Bank has sealed a EUR40 million loan agreement with Austria’s Eldrive Holding, controlled by Bulgarian investors, for the deployment of 8,472 EV charging stations in Bulgaria, Lithuania and Romania in the next three years. -
ZF English - 07:34 Jan 26, 2024
Leroy Merlin, the second largest DIY retailer locally by turnover, in 2023 boosted turnover by 3% against 2022. -
ZF English - 07:21 Jan 26, 2024
Constructii Erbasu, a company owned by entrepreneur Cristian Erbasu, in 2023 earmarked around EUR12 million for investments, with part of the money being aimed at production expansion and another one at real estate investments. -
ZF English - 23:26 Jan 25, 2024
Despite significantly recovering from the decline of 2022 and reaching RON20 billion at the end of 2023, the assets of the ten largest companies in the Romanian asset management industry (namely, over 90% of the market) still are way behind the RON25 billion level recorded on December 31, 2021, in line with calculations by Ziarul Financiar (ZF) daily based on data from the Association of Fund Managers (AAF).
19501 items