ZF English
Source:
http://www.zfenglish.com
Found 19058 news
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ZF English - 07:02 Apr 28, 2023
The shareholders of national power grid Transelectrica have not approved the distribution of a RON0.71 gross dividend per share of 2022 profit, in line with the decision of the ordinary general assembly of the company’s shareholders submitted to the Bucharest Stock Exchange. -
ZF English - 06:35 Apr 28, 2023
OMV Petrom, Romania’s largest oil company, ended the first three months of 2023 with RON9.5 billion sales, vs RON12 billion in the year-ago period, while net profit slipped by 15% to RON1.48 billion amid falling oil prices. -
ZF English - 06:22 Apr 28, 2023
In textile production, constructions and food industry, between 3 and 5 firms out of 100 are insolvent, with these being the fields of the Romanian economy where the weight of struggling companies is at the highest, reveals a ZF analysis based on Coface data. Across the entire economy, two of 100 companies are in default. -
ZF English - 06:12 Apr 28, 2023
Gral Medical, a major player locally, which has grown organically, has already started building two oncology hospitals, in Ploiesti and Craiova, and plans another two in Transylvania area. -
ZF English - 22:23 Apr 27, 2023
Building materials retailer MAM Bricolaj, founded in Bucharest by entrepreneur Cristian Gavan, is set to expand its store chain and to diversify its supply through partnerships, franchising or acquisitions, as per a proposal approved by its shareholders at their general meeting of April 26, 2023. -
ZF English - 21:35 Apr 27, 2023
Chromosome Dynamics (CHRD.RO), a developer of IT & AI solutions for the agribusiness sector, recorded a net profit of RON1.3 million in 2022, up 33.4% versus 2021, and a turnover of almost RON10 million, up 113.6% on the year, as per calculations by Ziarul Financiar (ZF) daily based on data from the annual financial report published at the Bucharest Stock Exchange. -
ZF English - 21:18 Apr 27, 2023
Sports betting group Superbet, founded in 2008 by entrepreneur Sacha Dragic, has appointed Jimmy Maymann as Deputy Chairman of the Board of Directors, effective April 26, 2023. -
ZF English - 21:06 Apr 27, 2023
Shareholders of Evergent Investments, the former SIF Moldova, a company listed at the Bucharest Stock Exchange under the ticker symbol EVER, have approved all proposals on the agenda of the ordinary and extraordinary general meetings of April 27, among which the distribution of a gross dividend of RON0.09 per share. -
ZF English - 20:45 Apr 27, 2023
Simtel Team (SMTL.RO), a Romanian engineering and technology company listed on the AeRO market of the Bucharest Stock Exchange, has announced the appointment of a Board of Directors by the company’s shareholders at their general meeting of April 25, 2023. -
ZF English - 20:19 Apr 27, 2023
Romania's finance ministry raised RON1.6 billion on Thursday (April 27, 2023) through two government bond issues, at annual average yields of 7.17% and 7.33%, respectively. -
ZF English - 19:39 Apr 27, 2023
The seven mandatory private pension funds in Romania, known as Pillar II, ended 2022 with a total turnover of RON344 million, down 43% from 2021, and a 65% lower profit, of RON87 million, as per calculations by Ziarul Financiar (ZF) daily based on reports from Pillar II funds. -
ZF English - 19:23 Apr 27, 2023
Cosmetics and consumer goods producer and distributor Sarantis, held by the Greek group by the same name, increased its revenue by 14.3% to RON463.5 million in Romania in 2022, in a year with a record high inflation. -
ZF English - 18:58 Apr 27, 2023
Computer and electronics retailer Altex Romania has taken over EUR4.6 million debt of Vivre Deco together with all the guarantees from Banca Transilvania and therefore became a guaranteed creditor in the insolvency of the Romanian-held furniture and home décor business. -
ZF English - 18:40 Apr 27, 2023
French-held Carrefour Group has officially confirmed the acquisition of rival Cora’s stores in Romania, a deal ZF first reported about on Tuesday. The deal includes ten hypermarkets and eight Cora Urban convenience stores. -
ZF English - 17:42 Apr 27, 2023
Cluj-Napoca is the city where real estate developer Iulius is focusing on right now, while Constanta is considered for a future project and Bucharest, too, is on the list of development plan, but for some time later. -
ZF English - 13:13 Apr 27, 2023
Industrial equipment manufacturer AAGES Targu-Mures (AAG.RO) announced in a stock market the way of distributing its 2022 net profit, respectively RON3.15 million, and the bulk will go to the company's shareholders. -
ZF English - 11:59 Apr 27, 2023
Stefanini Group, a global tech multinational that assists customers in their digital transformation, has recruited Romanian Natalia Chiritescu, a specialist with over 25 years of experience in the IT and telecommunications sectors, as Digital Solution Center Director for EMEA (Europe, Middle East, and Africa). -
ZF English - 11:44 Apr 27, 2023
The total number of business insolvency proceedings in countries across Central and Eastern Europe (CEE) grew by 39.3% to 36,090 in 2022 from 25,917 in 2021, according to an analysis by Coface. -
ZF English - 10:52 Apr 27, 2023
ROCA Investments, a brand founded by Impetum Group and a private equity company in Romania, has reached a portfolio of EUR78 million, 50% higher than the previous valuation of December 2021, and an internal rate of rate (IRR) of 39%. -
ZF English - 07:13 Apr 27, 2023
Natural gas producer and supplier Romgaz, in which the Romanian state owns 70%, for 2022 reported payments to the budget worth RON7.7 billion, from RON1.5 billion in 2021.
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