ZF English
Source:
http://www.zfenglish.com
Found 19043 news
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ZF English - 18:42 Mar 27, 2023
Unilever, one of the world's largest producers of consumer goods, has completed its investment in the development of food production in Prahova County (Ploiesti) in Romania, ZF sources say. The investment stands at EUR40 million-EUR50 million, one of the largest in the local food industry in recent years. -
ZF English - 18:15 Mar 27, 2023
Banca de Export Import a Romaniei (Romania’s Export-Import Bank) - EximBank SA will become Exim Banca Romaneasca on May 10, 2023, as the change of the bank's name and logo were approved by the Extraordinary General Meeting of EximBank Shareholders on Monday. -
ZF English - 17:17 Mar 27, 2023
AirConnect, an airline established by Tudor Constantinescu and four other private investors in 2021, launched its first scheduled domestic and international flights on Monday. -
ZF English - 15:47 Mar 27, 2023
Combinatul de Ingrasaminte Chimice (CICh) Navodari, the only Romanian producer of fertilizers and professional biostimulants, has appointed Mihai Anitei, former country manager of Swiss-held Ameropa, which operates the largest grain trader and the largest fertilizer producer in Romania, chief executive officer. -
ZF English - 13:47 Mar 27, 2023
eMAG’s chief marketing officer Irina Pencea has been appointed chief executive officer of eMAG Romania, a position held by Tudor Manea in the last two years, who is also the group CEO. -
ZF English - 08:26 Mar 27, 2023
2Performant, the main player on Romania affiliated marketing market, expects RON48.6 million turnover in 2023, up 39% from 2022, and RON836,000 profit, three times bigger than the 2022 figure. -
ZF English - 08:11 Mar 27, 2023
Romania’s operating leasing market in 2022 rose in line with the automotive market, going beyond 80,000 units under management, representing an increase by over 4,000 cars, 5% respectively, from end-2021, in line with estimates by the association of operating leasing companies (ASLO). -
ZF English - 07:31 Mar 27, 2023
Sphera Group, the franchise operator of the KFC, Pizza Hut and Taco Bell restaurants in Romania, estimates restaurant sales will top EUR320 million in 2023, up 21% from 2022, while normalized EBITDA is expected to go up by 58%, to EUR32.5 million. -
ZF English - 07:12 Mar 27, 2023
Arctic Stream, an IT infrastructure and security integrator listed on the Bucharest Stock Exchange, expects turnover worth RON102.5 million (EUR20.83 million), in 2023, up 25% from 2022. Net profit is forecast to rise by 23% from RON6.76 million in 2022, to RON8.49 million. -
ZF English - 07:01 Mar 27, 2023
Hotel group Bacolux, controlled by brothers Marius and Razvan Bazavan, ended 2022 with revenues worth EUR10 million, up almost 50% on the year. -
ZF English - 06:54 Mar 27, 2023
Pinum Doors & Windows, part of Italy’s Nusco group, controlled by Nusco family, ended 2022 with revenues of above EUR22 million, up 30% from 2021 on the rising demand both locally and in Europe. -
ZF English - 06:43 Mar 27, 2023
Calin Ilie, head of the Federation of Hoteliers in Romania, says the local market is expected to return to 2019 level this year, maybe even overshoot pre-pandemic figures. -
ZF English - 06:18 Mar 27, 2023
Food supplements and tea producer Dacia Plant, with a 20-year history locally, will have a 40% bigger production capacity by yearend and the brands manufactured in Romania will also be exported on several new markets for the company. -
ZF English - 19:17 Mar 24, 2023
Financial investment company Evergent Investments (EVER.RO) has called shareholders for April 27 to vote on the distribution of dividends of up to RON82.7 million or a gross dividend per share of RON0.09. -
ZF English - 17:33 Mar 24, 2023
Turbomecanica (TBM.RO), a local manufacturer of gas turbine engines and mechanical assemblies for aircraft, has called shareholders for April 27, 2022 to vote on the distribution of a gross dividend of RON0.02301 from the RON12.2 million net profit of last year or RON8.5 million in all, the company said in a notification sent to the Bucharest Stock Exchange. -
ZF English - 15:28 Mar 24, 2023
Romania’s Competition Council on Friday announced it had given the greenlight for the acquisition by MedLife of Centrul de Diagnostic si Tratament Provita. -
ZF English - 12:11 Mar 24, 2023
An integrated team of specialists from PwC Romania and Greece and lawyers from D&B David si Baias, the partner law firm of PwC in Romania, assisted Greece’s Public Power Corporation (PPC) in buying the electricity production, supply and distribution assets of Italy’s Enel in Romania. -
ZF English - 11:33 Mar 24, 2023
CEC Bank has granted an about RON40 million loan to Toneli Holding, part of the Toneli Group, the largest egg producer in Romania, guaranteed by EximBank, through the state aid scheme put in place amid the economic crisis generated by Russia’s aggression in Ukraine. -
ZF English - 08:52 Mar 24, 2023
The main airports of Romania have investment projects worth above EUR530 million underway and investments of above EUR400 million will be shortly carried out in critical aviation infrastructure, amid rising passenger flows and strategic decisions to strengthen NATO bases in Romania, reveals an ONV LAW analysis. -
ZF English - 08:38 Mar 24, 2023
Financial analysts part of CFA Romania Association forecast an average 8.62% inflation rate for the next 12 months and expect the local currency to decline to an average of 5.0390 units per euro.
19043 items