ZF English
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http://www.zfenglish.com
Found 19075 news
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ZF English - 07:30 May 05, 2023
Raiffeisen Bank Romania in the first quarter of 2023 posted RON414 million net profit, from RON218 million in the same period of 2022, amid intense lending activity for all business segments, the good risk profile of customers and in the context of the increase in market rates compared to Q1 2022. -
ZF English - 07:13 May 05, 2023
The Bucharest Stock Exchange (BVB), the operator of Romania’s capital market, for the first quarter of this year reported consolidated revenues worth RON12.86 million, down 18% from the same period of 2022, and 68% lower net profit at RON1.76 million amid falling operating revenues and rising operating expenses. -
ZF English - 06:55 May 05, 2023
Rares Florea, CEO of winemaker Domeniile Averesti, says Romania’s wine market is doing well, with the company’s sales reaching RON27 million last year, around RON5 million more than in 2021. For 2023, he expects a 20% increase. -
ZF English - 20:00 May 04, 2023
Luxury jewelry chain Teilor, with two bond issues listed at the Bucharest Stock Exchange, has announced Thursday evening that Willy Dicu will step down from the position of Chief Executive Officer (CEO) of the company. -
ZF English - 19:59 May 04, 2023
Bittnet Systems (BNET.RO), a group of IT companies listed on the main market of the Bucharest Stock Exchange, has notified investors that its Board of Directors decided to conduct a primary public offering to sell unsecured corporate bonds of RON5 million. -
ZF English - 19:23 May 04, 2023
Small investors bought about RON2.9 million worth of shares in the first day of the Agricover Holding initial public offering on the Bucharest Stock Exchange, Thursday, May 4, 2023, ZF has found from brokers’ platforms. -
ZF English - 18:48 May 04, 2023
Romania's finance ministry raised RON1.78 billion on Thursday (May 4, 2023) through two government bond issues, at annual average yields of 7.34% and 7%, respectively. -
ZF English - 18:39 May 04, 2023
Metropolitan Life, the second largest player on the life insurance market in terms of underwritings, ended 2022 with a volume of underwritten gross premiums of RON597 million, up 14% versus 2021, as per data provided by the company. -
ZF English - 18:31 May 04, 2023
Candidates’ salary expectations are on average 30% – 40% higher than employers’ offers, according to data from Salario, a platform developed by online recruitment website eJobs. -
ZF English - 18:07 May 04, 2023
Hungary’s OTP Bank Group, one of the largest banking groups in the region, has started to discreetly probe the market to assess interest from other banks to buy OTP Bank Romania, banking sources told ZF. -
ZF English - 17:40 May 04, 2023
Cosmetics producer Farmec plans to invest more than EUR40 million over the next years to relocate the entire production to the Apahida commune where it is already manufacturing a part of its products. -
ZF English - 16:53 May 04, 2023
Independent investment fund management company SAI Certinvest said the number of employees grew by 26% on the year in the first quarter of 2023, alongside a 492% surge in the number of new accounts opened on the InvestOnline.ro platform in the first three months of 2023 compared to the same period of 2022. -
ZF English - 16:16 May 04, 2023
EY assisted the Carrefour Group in the signing of the agreement with Louis Delhaize Group to buy the latter’s Romanian business, which includes 10 Cora hypermarkets and 8 Cora Urban stores, along with almost 2,400 employees. -
ZF English - 15:38 May 04, 2023
GoCab Software (CAB.RO), the operator of the cab booking services platform GoCab, reports revenue of over RON2.11 million on the corporate ride segment for the first three months of 2023 and expects revenue of RON13 million for the whole 2023. -
ZF English - 13:45 May 04, 2023
Arrivals at Romanian tourism accommodation establishments grew by 18.6% in March 2023 to 815,200 compared to March 2022 and overnight stays grew 16.2% on the year, the statistics institute INS said on Thursday. -
ZF English - 10:59 May 04, 2023
Nine in ten companies think cloud is essential for growth, especially used in combination with other technologies such as artificial intelligence (AI), internet of things (IoT) and analytics, according to the latest edition of Deloitte Future of Cloud Survey. -
ZF English - 08:32 May 04, 2023
Romania’s insurance market reached a gross underwritten premium volume of RON16.5 billion at the end of 2022, up 16% from 2021, with general insurance weighing 84%, meaning an underwritten premium volume of RON13.86 billion, and life insurance 17%, meaning an underwritten premium volume of RON2.65 billion, in line with information published by the representatives of Romania’s financial supervisory authority ASF. -
ZF English - 07:36 May 04, 2023
Electronics retailer Flanco ended the first quarter of 2023 with sales of above RON300 million, 40% higher than in the same period of last year. -
ZF English - 07:13 May 04, 2023
Mediapost Hit Mail group, controlled by a subsidiary of the French Post, in 2022 generated EUR54.2 million turnover in Romania and for 2023 has budgeted a 15% increase. -
ZF English - 07:03 May 04, 2023
Spedition UMB, Romania’s largest building company by 2021 figures, saw its 2022 turnover soar by 61% to RON2.1 billion from 2021. Profit posted a fourfold increase, to RON137.8 million, but the number of employees is still low, at below 50.
19075 items