ZF English
Source:
http://www.zfenglish.com
Found 19075 news
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ZF English - 18:58 May 25, 2023
The net assets of the 93 Romanian open-end investment funds totaled RON17.8 billion (EUR3.6 billion) in April 2023, up 1.9% since the beginning of the year, data from the local Association of Asset Managers (AAF) showed Thursday (May 25). -
ZF English - 17:43 May 25, 2023
Distributie Energie Electrica Romania (DEER), a member company of the Electrica Group, has undertaken to implement an ambitious investment program for 2023, targeting investments of around EUR100 million annually, from its own funds or bank loans. -
ZF English - 17:07 May 25, 2023
Private lending in Romania grew by nearly 9% in nominal terms (-2.2% in real terms) in April 2023 versus April 2022 to RON369.9 billion, as local currency lending increased by 1.6% (-8.6% in real terms) and foreign currency lending expressed in lei by 27.9% (+28.3% in real terms when expressed in euros), central bank data showed on Thursday (April 28). -
ZF English - 16:25 May 25, 2023
The Romanian office of the CEE / SEE law firm Wolf Theiss acted as legal advisor to Banca Comerciala Romana (BCR) in relation to its inaugural issue on the international capital markets of EUR700 million fixed to floating senior non-preferred green Eurobonds due in 2027, under the Multi Issuer EMTN Program. -
ZF English - 15:47 May 25, 2023
The Bucharest Stock Exchange (BVB) has announced that it will start trading the green Eurobonds issued by BCR in the amount of EUR700 million, on the Main Market of the Bucharest Stock Exchange, on Tuesday (May 30). -
ZF English - 14:56 May 25, 2023
Innova Capital, a leading private equity firm in Central and Eastern Europe (CEE), has announced the acquisition of the majority stake in NETOPIA Group, a Romanian payment services provider. -
ZF English - 12:39 May 25, 2023
Romania's High Court of Cassation and Justice has confirmed the deductibility of expenses and VAT generated by transfer pricing adjustments made by affiliated companies under contracts signed at group level. -
ZF English - 12:09 May 25, 2023
Romania's Finance Ministry raised RON3.7 billion from banks on Thursday (May 25), selling government paper maturing in 2038, at an annual average yield of 7.49%. -
ZF English - 12:00 May 25, 2023
The COVID-19 crisis prompted a surge in the digitalization efforts of EU firms, with more than half (53%) of EU firms taking steps in 2022 to enhance their digital presence, such as offering services online, as per a new report, "Digitalization in Europe 2022-2023: Evidence from the EIB Investment Survey". -
ZF English - 08:01 May 25, 2023
The local unit of German group Siemens has extended for another 5 years the leasing contract for the office space in West Gate Business District, where the company has been headquartered for 15 years, announced Genesis Property, the developer of the real estate compound. -
ZF English - 07:18 May 25, 2023
Financial analysts part of CFA Romania association expect the local currency to decline to an average exchange rate of 5.0528 units per euro in the next 12 months, while the anticipated rate of inflation will reach an average value of 8.13%, a one-year low. -
ZF English - 07:03 May 25, 2023
2Performant (2P.RO), a technology company and the leader of the affiliate marketing market in Romania, in the first quarter of 2023 posted RON10.5 million turnover, up 25% from the year-earlier period, and RON1.47 million losses vs RON1.02 million losses in 1Q/2022. -
ZF English - 06:48 May 25, 2023
Brico Depot Romania retailer, part of Kingfisher group, ended the first three months of 2023 fiscal year with £59 million sales, amid rising consumer demand for most product categories, but particularly for the kitchen one. -
ZF English - 06:40 May 25, 2023
DIY retailer Dedeman, the most powerful Romanian entrepreneurial business, ended 2022 with RON11 billion turnover, 10% higher than in 2021, while net profit went up by 1.45% to around RON1.7 billion. -
ZF English - 06:33 May 25, 2023
MOL Romania Petroleum Products, the local subsidiary of Hungary’s group MOL, for 2022 reported turnover of around RON9.3 billion (EUR1.88 billion), up 17.5% from 2021, in line with ZF calculations based on Finance Ministry data. -
ZF English - 06:24 May 25, 2023
JD Agro Cocora, part of Romania Farm Invest A/S owned by Danish investors, is focusing on becoming a top grain grower in the coming years, with its expanding the cultivated area by as much as 20,000 hectares being a short and medium-term priority. -
ZF English - 06:16 May 25, 2023
Greek-held builder Aktor, part of Ellaktor group, aims to focus on construction opportunities in Romania, a country with high infrastructure development needs. -
ZF English - 19:29 May 24, 2023
Amdaris Romania, which provides software development services, dedicated support for web products and strategic consultancy, ended 2022 with about RON39 million (EUR7.8 million) revenue, 95% higher than in the previous year. -
ZF English - 18:04 May 24, 2023
Bicycle manufacturer Sport Mechanical Workshop in Timisoara, which works exclusively for sporting goods retailer Decathlon, ended last year with more than RON132 million revenue, an increase of 60% on 2021. -
ZF English - 16:31 May 24, 2023
Lödige Industries, one of the world's leading suppliers of logistics systems and lifting solutions, is expanding its capacities at its factory in Brasov (central Romania), aiming to almost double the production area to more than 4,000 square meters and to also build additional office and sanitary facilities.
19075 items