ZF English
Source:
http://www.zfenglish.com
Found 16654 news
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ZF English - 08:05 Dec 16, 2024
Aquila, the market leader in integrated distribution and logistics services for the consumer goods market in Romania and the Republic of Moldova, has sealed an agreement to acquire 100% of the shares of KITAX Kft, a top five distribution company in its sector, with nationwide coverage in Hungary. -
ZF English - 07:52 Dec 16, 2024
Almost one years since its arrival on the Romanian market, Turkish online retailer Trendyol has attracted 1.2 million buyers who have logged at least one order and delivered more than 11 million items locally. -
ZF English - 18:41 Dec 13, 2024
BT Property, an alternative investment fund specializing in real estate investments, has announced on Dec. 13 the acquisition of Oradea-based shopping center Prima Shops from Oasis Group, a local company active in the sector of developing and managing retail properties and held by businesspeople Klaus Reisenauer and Kurt Wagner. -
ZF English - 18:26 Dec 13, 2024
Romania's current account deficit stood at EUR24.2 billion in January-October 2024, compared with EUR18.4 billion reported in the same period of 2023, considering that the deficit from the international trade in goods widened to EUR26.9 billion, central bank data showed on Friday (Dec. 13, 2024). -
ZF English - 15:46 Dec 13, 2024
Banca Transilvania (stock symbol: BT) is lending EUR40 million to Omnia Europe SA (Omnia Romania), a leading corn starch producer and owner of the largest starch factory in Romania and southeastern Europe. -
ZF English - 14:57 Dec 13, 2024
Private healthcare company MedLife (stock symbol: M) has announced in a stock market report on Dec. 13 that Mihai Marcu, the company's CEO and the largest individual shareholder, sold 1 million M shares, at the price of RON5.82 per share. -
ZF English - 14:29 Dec 13, 2024
Romania's industrial production increased by 6.2% in October 2024, in unadjusted data, compared to September 2024, and by 0.4% when adjusted for the number of working days and seasonality, data from the country's statistics board INS showed on Friday (Dec. 13). -
ZF English - 10:22 Dec 13, 2024
In the third quarter of 2024, the employment rate for the working age population (15-64 years) was 63.3%, decreasing by 1.1 percentage points compared with the level recorded in the second quarter of 2024, data from Romania's statistics board INS showed on Friday (Dec 13). -
ZF English - 10:08 Dec 13, 2024
Romania's Competition Council has approved the transaction through which Volta Grup S.R.L. plans to acquire Electrotehno S.R.L. -
ZF English - 08:15 Dec 13, 2024
US’ Franklin Templeton, Fondul Proprietatea manager, has initiates the process of delisting GDRs from the London Stock Exchange because of their low liquidity there and the fact that, as the manager says, listing on the LSE has reached its purpose as liquidity appears to have flowed back to the local market due to the broadening of the foreign institutional investor base active in Romania. -
ZF English - 07:59 Dec 13, 2024
Romanian startup ESX, known for aggregating fitness and sports services, has boasted significant growth in 2024, going beyond the 500,000-user threshold. -
ZF English - 07:49 Dec 13, 2024
Romania medtech startup Medicai has seen its revenues double in the past year and plans to focus on expansion on the US market in 2025. -
ZF English - 07:39 Dec 13, 2024
Dan Air, the airline founded by former pilot Dan Uhas, has transported 187,000 passengers and launched flights to 13 destinations in the first year of operations at George Enescu International Airport of Bacau. -
ZF English - 18:51 Dec 12, 2024
German retailer Kaufland has inaugurated on Dec. 12 its second store in the town of Calarasi, reaching a network of 187 hypermarkets in Romania. -
ZF English - 18:32 Dec 12, 2024
Hidroelectrica (stock symbol: H2O), Romania's largest electricity producer and the largest company listed on the Bucharest Stock Exchange, has announced in a press statement that it has signed a Memorandum of Collaboration with the Technical University of Civil Engineering of Bucharest. -
ZF English - 17:47 Dec 12, 2024
While macroeconomic volatility is no longer a major challenge for investors globally, concerns about stability and predictability remain at the forefront in Romania, according to Daniel Anghel, Country Managing Partner, PwC Romania. -
ZF English - 17:23 Dec 12, 2024
Romania's Finance Ministry raised EUR2.28 billion from banks on Wednesday (Nov 27), selling government paper in two auctions, at annual average yields of 6.49% and 7.19%, respectively. -
ZF English - 17:01 Dec 12, 2024
The shareholders of electricity supplier and distributor Electrica (stock symbol: EL) approved the provision of a guarantee for a term loan of up to EUR200 million that Electrica's subsidiary, Distributie Energie Electrica Romania S.A. (DEER), plans to contract from the European Investment Bank (EIB), the company has announced in a press statement. -
ZF English - 16:39 Dec 12, 2024
The company Unirii View S.R.L., part of Weerts Group and the developer of Bucharest-based office building Unirii View Tower, has accessed a credit facility of EUR29.5 million granted by lender Banca Comerciala Romana (BCR). -
ZF English - 15:07 Dec 12, 2024
Eurial Invest, the local dealer of Peugeot, Citroën, DS Automobiles and Opel, has concluded a partnership with Cris-Tim Group through which the latter will see its own fleet expanding by more than 500 cars, both vehicles and utility vehicles.
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