ZF English
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ZF English - 21:42 Feb 26, 2024
Simtel Team (SMTL.RO), a Romanian engineering and technology company listed on the AeRO market of the Bucharest Stock Exchange and a leading renewable energy business in the country, reported a consolidated turnover of RON295.6 million for 2023, up 112% from 2022, and net profit of RON27.4 million, up 115% on the year. -
ZF English - 21:25 Feb 26, 2024
Revolut is entering the bank deposit market in Romania and rolling-out annual interest-bearing in-app savings accounts to its over 3.5 million customers in Romania. -
ZF English - 21:08 Feb 26, 2024
Softbinator Technologies (CODE.RO), a group of IT companies, reported consolidated turnover of RON32.2 million for 2023, almost flat on the year, and a net loss of RON5.2 million versus net profit of RON3.8 million in 2022. -
ZF English - 19:38 Feb 26, 2024
Flanco, the second largest actor in Romanian computer and electronics retail, has extended the term of office as Chief Executive Officer (CEO) of Dragos Sirbu for four more years, until February 10, 2028, as per a decision made by the Board of Directors and recently published in Romania's Official Journal. -
ZF English - 19:20 Feb 26, 2024
Building materials manufacturer TeraPlast Bistrita (TRP.RO) has announced on Monday (Feb 26) the conclusion of an issuer market maker agreement with Raiffeisen Bank International AG (RBI). -
ZF English - 19:06 Feb 26, 2024
The shareholders of Romaero Bucuresti (RORX.RO), a state-run strategic company for Romania’s aerospace and defense industry, on Monday (Feb 26) designated the special administrator that will lead the debtor's activity and will represent their interests throughout the insolvency procedure, in the person of economist Ionel-Daniel Butunoi. -
ZF English - 18:07 Feb 26, 2024
Romania's Finance Ministry raised RON580 million from banks on Monday (February 26, 2024) selling bonds with a nominal value of RON400 million due in 2034, at an annual average yield of 6.53%. -
ZF English - 18:00 Feb 26, 2024
Concrete prefab manufacturer Prebet Aiud (PREB.RO) ended 2023 with net profit of RON906,400, lower than RON7.8 million reported for 2022, and a turnover of RON110.2 million, down 16.7% on the year, as per data from the company's annual preliminary financial report. -
ZF English - 16:02 Feb 26, 2024
CIS Gaz, a Romanian natural gas company, founded in 1990 by Sebastian Calugar in Mures county, has opened a branch in Cairo and delivers the first equipment manufactured in Romania within the Hayah Karima project developed by the Egyptian government. -
ZF English - 15:54 Feb 26, 2024
tbi bank, a mobile-first challenger bank in South East Europe, has appointed Alex Garmash to the position of Merchant Ecosystem Leader. -
ZF English - 15:13 Feb 26, 2024
Hidroelectrica has announced on Monday (Feb 26) that it relaunched the tender for the re-engineering of the Vidraru hydropower plant, through the electronic public procurement system (SEAP), with the estimated contract value for this project reaching EUR188 million. -
ZF English - 13:06 Feb 26, 2024
Romania's central bank predicts a more pronounced acceleration of the country's economic growth in 2024 and 2025 than in previous forecasts, amid a slowdown in inflation and the recovery of external demand, expecting household consumption to become again the main GDP growth driver in 2024. -
ZF English - 11:57 Feb 26, 2024
KADRA, the leading provider of integrated solutions for automation and access management in Romania, reported a turnover of RON62.5 million for 2023, up over 22% on the year, and its net profit is estimated at over RON4 million for the same period. -
ZF English - 10:51 Feb 26, 2024
Shipbuilder Santierul Naval Orsova (SNO.RO) ended 2023 with a turnover of RON99.5 million, up 72% on the year, and a net profit of RON3.4 million compared to loss of RON4.2 million in 2022, as per its financial report published at the Bucharest Stock Exchange on Monday (Fe 26). -
ZF English - 09:48 Feb 26, 2024
OMV Petrom, the largest integrated energy producer in Southeastern Europe, on Monday (Feb 26) announced the signing of two financing contracts through the National Recovery And Resilience Plan (NRRP) for the construction of two production facilities for green hydrogen with a total capacity of 55 MW at the Petrobrazi refinery -
ZF English - 16:45 Feb 23, 2024
Private lending in Romania went up 5.7% to RON384.7 billion in January 2024 compared with January 2023, central bank data showed on Friday (February 23, 2024). -
ZF English - 14:15 Feb 23, 2024
Electricity and electrical equipment producer Electromagnetica (ELMA.RO) made a net loss of RON31.7 million for 2023, from a profit of RON23 million in 2022, the company said in a report to the Bucharest Stock Exchange. -
ZF English - 14:04 Feb 23, 2024
Aerostar Bacau (ARS.RO), a supplier of aerostructures, components, assemblies for hydraulic systems for global manufacturing programs, posted RON93 million net profit in 2023, 3% higher than in 2022. -
ZF English - 11:45 Feb 23, 2024
Romania has a total modern retail space stock of more than 4.3 million square meters, of which over 2.7 million square meters are malls and the rest mainly retail parks, the annual market report published by real estate consultant Colliers shows. -
ZF English - 11:13 Feb 23, 2024
OVES Enterprise, a software development company and drone manufacturer, is expanding its drone production and investing EUR100,000 in a new line dedicated to manufacturing small-sized drones equipped with Artificial Intelligence, capable of operating in larger groups (swarms) and coordinated through centralized control systems.
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