ZF English
Source:
http://www.zfenglish.com
Found 16667 news
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ZF English - 07:48 Jan 14, 2025
IPEC, one of IKEA’s main suppliers in Romania, for 2025 forecasts turnover worth RON158 million (EUR31.7 million), up around 15% from last year, in line with ZF calculations based on company data. -
ZF English - 07:42 Jan 14, 2025
Organic farm input producer Norofert has expanded its irrigation system to 400 hectares and is set to make investments for another 350 hectares in 2025, according to Vlad Popescu, president of the company’s board. -
ZF English - 21:04 Jan 13, 2025
Europack Media, a Constanta-based wet wipe maker, is aiming for a 15% increase in revenue this year, after having overshot the RON100 million revenue mark in 2024, its officials said. -
ZF English - 19:35 Jan 13, 2025
BCR Pensii and BRD Pensii, Pillar II private pension funds, which manage pensions for 1.4 million people, bought into pharmaceutical producer Antibiotice Iasi (ATB.RO), spending RON50 million during the almost RON300 million private placement in November when Infinity Capital Investments (INFINITY.RO) halved its stake to 13%. -
ZF English - 19:04 Jan 13, 2025
Oresa Industra, one of the active players on the Romanian logistics and industrial space market, has announced the lease of 6,000 square meters to Sellpy, European leader in second-hand sales services. -
ZF English - 16:32 Jan 13, 2025
Romania's current account deficit stood at EUR26.3 billion in January-November 2024, higher by nearly EUR7 billion than the EUR19.7 billion level reported in the same period of 2023, central bank data showed on Monday (Jan. 13, 2025). -
ZF English - 15:24 Jan 13, 2025
Romania's Finance Ministry raised RON1.1 billion from banks on Monday (Jan.13), selling government paper in two auctions, at annual average yields of 6.65% and 7.70%, respectively. -
ZF English - 13:45 Jan 13, 2025
ING Bank expects the National Bank of Romania to keep the key rate at 6.50% at the upcoming January 15 meeting, given persistent inflationary risks, the bank said in a report on Monday (January 13, 2025). -
ZF English - 12:57 Jan 13, 2025
Real estate consulting firm Griffes announces it intermediated transactions for over 85,000 square meters of office space, which is the largest transaction volume recorded in 2024. -
ZF English - 09:41 Jan 13, 2025
Favorable economic factors, such as inflation stabilization, interest rate cuts and real income growth, are aiding real estate sector consolidation as a vital pillar of the continental economy, points out an analysis drawn up by Cushman & Wakefield Echinox. -
ZF English - 09:22 Jan 13, 2025
Building materials producer TeraPlast has granted an EUR7.56 million loan to Polytech Industrie subsidiary, with a 1.3% interest plus 3-month Euribor (around 2.7%). The maximum repayment term is December 31, 2029. -
ZF English - 08:52 Jan 13, 2025
Romania’s national grid company Transelectrica has completed a project for the implementation of a metering and management system for electricity measurement data on the wholesale market, part of a broader investment in grid digitalization, funded with EUR88.8 million via the Modernization Fund. -
ZF English - 08:05 Jan 13, 2025
Law firm Filip & Company legally assisted Credit Europe Bank Romania in the cross-border merger through absorption with the parent company, Credit Europe Bank N.V. of Netherlands. -
ZF English - 07:59 Jan 13, 2025
Timisoara-based fuel retailer Artoil, controlled by entrepreneurs Alexandra and Alex Bunceanu, estimates it ended 2024 with turnover of around RON1.18 billion (EUR237 million), down 2% from 2023. -
ZF English - 07:46 Jan 13, 2025
Constructii Erbasu, a company owned by Erbasu family, estimates it will reach RON2.5 billion turnover this year. -
ZF English - 21:08 Jan 10, 2025
The Romanian Government is considering regaining the majority stake of the Electrica Group (EL.RO), in which it currently owns 49.8%, Economedia reports. -
ZF English - 19:11 Jan 10, 2025
The Finance Ministry is launching a new session for buying Tezaur T-bills on Monday, January 13, with one-, three- and five-year maturities and annual interests of 7%, 7.5% and 7.8%. -
ZF English - 18:41 Jan 10, 2025
Nuclear power producer Nuclearelectrica (stock symbol: SNN) has informed the capital market in a report on Jan. 10 that the position of General Manager of Cernavoda NPP Branch will be temporarily occupied by Romeo Urjan, starting with January 9, for an initial period of three months. -
ZF English - 16:38 Jan 10, 2025
The “Medium Term Notes” government paper issue framework program will continue with a higher value, RON90 billion, instead of the previous RON75 billion, and the increase will allow covering the funding needs via Eurobonds on the international capital markets in 2025 and 2026, according to a decision the Government adopted on Friday. -
ZF English - 15:36 Jan 10, 2025
Romania's economy increased by 1.2% in unadjusted data in the third quarter of 2024, lower than 2.3% growth reported in the same quarter of 2023, a second set of provisional data from the country's statistical office INS showed on Friday (Jan. 10).
16667 items