ZF English
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http://www.zfenglish.com
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ZF English - 13:31 Jan 22, 2024
Romania and Bulgaria recorded the lowest prices for consumer goods and services among European Union Member States in 2022, being 41% below the EU average, in line with data from the country's statistics board INS. -
ZF English - 12:34 Jan 22, 2024
After a period of three-four years in which real estate developers’ expansion plans were almost exclusively focused on retail parks, which accounted for over 80% of the new supply, located in cities with fewer than 50,000 inhabitants, a shift towards bigger cities was noticed in 2023, a trend which will continue on medium term at least, said Dana Radoveneanu, Head of Retail Agency at real estate consulting firm Cushman & Wakefield Echinox. -
ZF English - 12:08 Jan 22, 2024
Financial results of commercial real estate companies (commercial spaces, business centers and offices, logistics premises) will be impacted this year mainly by cyber risks, climate-related regulatory actions and rising interest rates, according to Deloitte 2024 Commercial Real Estate Outlook global study. -
ZF English - 09:10 Jan 22, 2024
Romania’s M&A market in 2023 recorded 241 deals, with a total estimated value of $7.1 billion, up 6.1% from the 2022 value, even as the number of mergers and acquisitions was 6.2% lower, reveals a EY Romania analysis. -
ZF English - 08:55 Jan 22, 2024
Prague-based Nano Energies has entered Romania’s market and is set to provide services as an independent electricity aggregator, via its local subsidiary Digital Energy Services Romania. -
ZF English - 08:47 Jan 22, 2024
A delegation of the International Monetary Fund led by Jan Kees Martjin will visit Romania during the January 29-February 1 period for the periodic meeting the institution has with Romanian authorities, reads an announcement signed by Geoff Gottlieb, IMF’s main regional representative for CEE. -
ZF English - 08:31 Jan 22, 2024
Retailers are announcing ambitious expansion plans, with some networks intending to keep up the pace set last year, while others are stepping up. And this during a year where the first effects of major deals of 2023 are due to become visible. -
ZF English - 17:34 Jan 19, 2024
United Business Center 3 (UBC) office building in the Palas complex in Iasi developed by the Iulius Group will have a coworking space for the business community in the city as of the second quarter this year. -
ZF English - 11:12 Jan 19, 2024
Passenger traffic on Romania’s airports reached 25 million people in 2023, an increase of 17% on the previous year, data from the Romanian Airport Association (AAR) show. -
ZF English - 10:23 Jan 19, 2024
Aldis, one of the largest meat processors in Romania, plans to make a more than EUR20 million investment in boosting production capacity. The company submitted a RON103 million (over EUR20 million) project to get RON61.9 million (more than EUR12 million) state aid via the INVESTALIM scheme. -
ZF English - 08:31 Jan 19, 2024
Retailer Mega Image, held by Belgian-Dutch group Ahold Delhaize, significantly slowed down expansion in Romania in 2023, the year when its parent group negotiated and announced takeover of retailer Profi, which operates solely in this country. The EUR1.3 billion deal (Pre-IFRS) is now under review by the Competition Council. -
ZF English - 08:01 Jan 19, 2024
Lensa, one of the leading actors on the eyewear market in Romania, has recruited executive Gabriel Cubatov as chief commercial & acquisition officer. -
ZF English - 22:46 Jan 18, 2024
Romania ended 2023 with a record high of new labor contracts, nearly 100,000 more than in 2022, the country's labor ministry said in a statement. -
ZF English - 21:59 Jan 18, 2024
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, remained unchanged at 6.14% on Thursday (Jan. 18, 2024) compared to Wednesday (Jan. 17), after several sessions of decline. -
ZF English - 21:12 Jan 18, 2024
Transilvania Construcţii has recently completed the construction of its new logistics park, namely, TRC Park Bacau, a project which engulfed over EUR15 million. -
ZF English - 20:53 Jan 18, 2024
Germany's Bosch Group is expanding its activity on the Romanian market by establishing a new company in Timisoara, Bosch Global Business Services SRL, which previously operated as a division of Bosch Service Solutions, active since 2007. -
ZF English - 20:23 Jan 18, 2024
Romania's finance ministry on Thursday (January 18) raised RON900.3 million selling discount treasury bills maturing in January 2025, at an annual average yield of 6.01%. -
ZF English - 20:05 Jan 18, 2024
2024 looks quite optimistic for Romania’s economy and, by extension, for the local real estate market, Colliers consultants predict in ”Top 10 Predictions Romania 2024” report. -
ZF English - 18:04 Jan 18, 2024
Nearly 70% of Generation Z employees say they need for at least three days a week in the office, with 62% already working full time from the office, as revealed by a survey of 1,208 multi-generational respondents nationwide, conducted by Genesis Property. -
ZF English - 17:08 Jan 18, 2024
Tei Group, which owns Farmacia Tei and Bebe Tei retail chains, has rented about 2,400 square meters in ElectroPutere Mall in Craiova, held by France’s Catinvest.
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