ZF English
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http://www.zfenglish.com
Found 19501 news
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ZF English - 13:01 Jan 15, 2024
Natural gas and electricity distribution company Delgaz Grid, a member of the E.ON Romania Group, has completed EUR37.2 million worth of upgrade works aimed at replacing high and medium voltage equipment at the transformation stations Husi, Stanilesti, Vetrisoaia, Falciu, Murgeni located in Vaslui County. -
ZF English - 12:46 Jan 15, 2024
A KPMG report forecasts global GDP growth of 2.2% in 2024 – down from 2.6% in 2023, with a return to 2.6% growth anticipated in 2025. -
ZF English - 12:36 Jan 15, 2024
Romania's IT industry shows moderate optimism for 2024 considering that 2023 ended below initial expectations, as per data from the 2024 Sentiment Survey conducted by the Romanian Employers Association in the Software Industry (ANIS). -
ZF English - 07:44 Jan 15, 2024
Bucharest’s 4-star hotel Capital Plaza, owned by four Romanian entrepreneurs, ended 2023 with turnover worth almost EUR3 million, from EUR2.5 million in 2022, and expects a 5-7% increase this year, according to its officials. -
ZF English - 07:37 Jan 15, 2024
DIY retailer MAM Bricolaj of Bucharest plans to focus more on online sales in 2024, as well as on one of its physical stores, whose performance is weaker. -
ZF English - 07:28 Jan 15, 2024
Mirdatod Prod, which owns Telemea de Ibanesti brand, ended 2023 with 10% higher turnover from 2022, when it posted EUR112 million turnover. For 2024, the company’s officials have budgeted a similar advance and earmarked a retooling investment budget. -
ZF English - 07:20 Jan 15, 2024
Door and window manufacturer Casa Noastra of Dolj county ended 2022 with EUR130 million, down 9% from 2022, with the level representing just sales in Romania. -
ZF English - 21:29 Jan 12, 2024
Infinity Capital Investments (SIF5 – formerly known as SIF Oltenia) has announced in a stock market report on Friday (Jan 12, 2024) that it was organizing on Jan. 31, 2024 an open competitive bidding for the sale of the 99.99% stake in the share capital of Complex Hotelier Dambovita, respectively 1.75 million shares, at the minimum starting price of RON20 million. -
ZF English - 20:52 Jan 12, 2024
Building materials manufacturer TeraPlast Bistrita (TRP.RO) has informed the capital market in a report on Friday (January 12, 2023) about the signing of the closing certificate in the acquisition of Palplast Moldova, following the fulfilment of all preceding conditions. -
ZF English - 20:18 Jan 12, 2024
Romanian state-owned oil transporter Conpet Ploiesti (COTE.RO) in a stock market report on Friday (January 12, 2024) announced the conclusion of an agreement worth RON105.97 million with OMV Petrom (SNP.RO), the largest integrated energy company in Southeast Europe. -
ZF English - 19:55 Jan 12, 2024
Romania’s industrial production decreased by 4.7% in unadjusted data in November 2023 versus November 2022 due to drops recorded for the following industrial sectors: manufacturing (-5.3%), electricity, gas, steam and air conditioning supply (-1.9%) and mining and quarrying (-1.8%), data from the country’s statistics board INS showed on Friday (January 12, 2023). -
ZF English - 19:41 Jan 12, 2024
Romania's current account balance posted a deficit of EUR20.2 billion in January-November 2023, lower than the EUR24.3 billion level reported in the same period of 2022, central bank data showed on Friday (January 12, 2023). -
ZF English - 17:46 Jan 12, 2024
A team of transaction specialists of PwC Poland and PwC Romania assisted the Zabka Group, one of the largest grocery retailers in Poland in its acquisition of the majority stake of Romanian fast moving consumer goods distributor DRIM Daniel Distributie FMCG. -
ZF English - 15:23 Jan 12, 2024
Romania's statistics board INS on Friday (January 12) confirmed the data regarding the country's economic growth in the third quarter of 2023, at 1.1%, and in the first nine months of 2023, at 1.4%, in real terms (in unadjusted data), similar to estimates in December 2023. -
ZF English - 14:21 Jan 12, 2024
The annual inflation rate posted a faster-than-expected decrease in the first two months of Q4/2023, falling to 6.72% in November, from 8.83% in September, amid the continued slowdown in the growth rate of food and energy prices, as well as following the decline in fuel prices, under the impact of lower crude oil prices, as per the minutes of the monetary policy meeting held by Romania's central bank on Friday (January 12, 2024). -
ZF English - 13:44 Jan 12, 2024
Romania's central bank has decided at its board meeting on Friday (January 12, 2023) to keep its benchmark interest rate on hold at 7% a year, being the bank's eighth consecutive rate freeze. -
ZF English - 13:00 Jan 12, 2024
With the support of the European Investment Bank (EIB), Romania's state-run natural gas transmission company Transgaz (TGN.RO) prepared the Climate and Decarbonization Strategy, targeting a step-by-step transition to a climate neutral activity and strengthening resilience to climate change, while considering best practices and national and international climate policies and regulations. -
ZF English - 12:16 Jan 12, 2024
Although many organizations tend to see fraud incidents as rather unlikely, usually based on their trust in both employees and business partners, the reality is that such events cannot be anticipated and properly handled without a prevention strategy that includes early detection and reporting protocols, and a strong incident response plan. -
ZF English - 12:12 Jan 12, 2024
The average net salary in Romania increased by 1.6% in nominal terms in November 2023 compared to October 2023, to 4,765 (EUR958), data from the country's statistics board INS showed on Friday (January 12, 2024). -
ZF English - 11:27 Jan 12, 2024
Romania's annual inflation kept its downward trend in December 2023, ending the year at 6.6%, compared to 6.7% in November 2023 and 8.1% in October 2023.
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