ZF English
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http://www.zfenglish.com
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ZF English - 12:31 Feb 12, 2024
Romania's mergers and acquisitions (M&A) market decreased slightly by volume in 2023 compared to 2022, but maintained its value, being estimated at EUR6.5-7.2 billion, according to an analysis conducted by Deloitte Romania. -
ZF English - 12:10 Feb 12, 2024
For the second consecutive year, the EY and Institute of International Finance (IIF) Bank Risk Management Survey finds that cybersecurity is the top concern for European banking Chief Risk Officers (CROs). -
ZF English - 12:02 Feb 12, 2024
The average net salary in Romania increased by 6.6% in nominal terms in December 2023 compared to November 2023, to 5,079 (EUR1.036), data from the country's statistics board INS showed on Monday (Feb 12, 2024). -
ZF English - 09:25 Feb 12, 2024
The Finance Ministry starting Monday, February 12 launched a new edition of the TEZAUR Treasury bills (T-bills) program for the general population. -
ZF English - 09:14 Feb 12, 2024
Companies will be able to access in the coming weeks non-reimbursable funds worth above EUR800 million for investments in green energy projects, to boost the energy efficiency of plants or for new green energy generation units, in line with data provided by REI, a group of companies specializing in EU funds and state aid. -
ZF English - 09:03 Feb 12, 2024
Local startup easySales, which which set up an automated B2B management and e-commerce platform, intermediated orders worth RON745.5 million in 2023, a 75% annual growth. -
ZF English - 08:47 Feb 12, 2024
Finqware, a Romanian fintech specializing in the treasury management automation, saw its turnover rise fourfold in 2023. -
ZF English - 08:39 Feb 12, 2024
Filip & Company team granted legal assistance to Banca Transilvania in the signing of documents for the acquisition of OTP Bank Romania, OTP Leasing and OTP Asset Management. -
ZF English - 08:02 Feb 12, 2024
Building materials producer TeraPlast Bistrita in 2023 registered RON672 million consolidated turnover, down 5%, while net profit dropped to RON1.1 million from RON16 million in 2022. -
ZF English - 07:50 Feb 12, 2024
Lantmännen Unibake Romania, a major player on the local bakery market, got a capital injection of around EUR10 million from its parent company of Sweden. -
ZF English - 22:02 Feb 09, 2024
Romania's Energy Regulator Confirms Total Fines Of RON537M For Four Companies In Local Energy Sector
Romania's energy regulator ANRE confirmed in a press statement on Friday (Feb 9) that it had fined four companies operating in the local energy sector a total RON537 million. -
ZF English - 21:22 Feb 09, 2024
Romania’s banking system hit a record high profit of RON13.7 billion in 2023, up nearly 34% from 2022, in line with preliminary data from the country's central bank. -
ZF English - 20:05 Feb 09, 2024
Private medical service provider MedLife (M.RO) has announced in a stock market report on Friday (Feb 9) that the funds Fondul de Pensii Administrat Privat Metropolitan Life and Metropolitan Life Asigurari MetLife Europe exceeded the ownership threshold of 5% of the company's total voting rights. -
ZF English - 19:20 Feb 09, 2024
The European Investment Bank Group (EIB Group) is expanding its cooperation with Deutsche Leasing Romania IFN SA (DLRO), part of the Deutsche Leasing Group, by signing a synthetic securitization transaction along with new lending commitments that will boost liquidity for Romanian businesses. -
ZF English - 19:06 Feb 09, 2024
DN AGRAR Group (DN.RO), the largest integrated livestock farm in Romania, with cow milk production and vegetable production, announces the plans for the extension of the production capacities by obtaining the financing for Straja farm. -
ZF English - 16:08 Feb 09, 2024
Banca Transilvania (BT.RO) has officially announced in a stock market report on Friday (Feb 9) the acquisition of OTP Bank Romania and of the leasing and asset management companies within OTP Romania Group (including OTP Asset Management SAI SA and OTP Leasing Romania IFN SA), for a total amount of EUR347.5 million. -
ZF English - 15:01 Feb 09, 2024
In 2024, office building owners will face two challenges, namely, carrying out negotiations with banks to refinance outstanding loans in parallel with the renegotiation of lease agreements with existing tenants, according to an analysis by real estate consultancy company Fortim Trusted Advisors, member of the BNP Paribas Real Estate Alliance. -
ZF English - 13:30 Feb 09, 2024
The European Commission approved on Friday (Feb 9) an aid scheme worth EUR241 million (RON1.2 billion) notified by Romania to support agricultural producers, in the context of the war waged by Russia against Ukraine. -
ZF English - 13:18 Feb 09, 2024
The company Retele Electrice, a part of PPC group, previously called E-Distributie Dobrogea) has completed the first stage of a project worth over RON45.6 million (of which the updated eligible value is RON30.6 million), which targets the modernization of the energy infrastructure in Constanta. -
ZF English - 13:07 Feb 09, 2024
Expectations for Generative artificial intelligence (Gen AI) remain high among global leaders, as eight out of ten (79%) respondents that participated in Deloitte’s study “The State of Generative AI in the Enterprise: Now decides next” expect the technology to transform their organization within three years.
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