ZF English
Source:
http://www.zfenglish.com
Found 19015 news
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ZF English - 16:47 Feb 22, 2023
Dutch-held group Damen Shipyards, which bought into Damen Mangalia shipyard in mid-2018, is repositioning its business strategy to capitalize on its resources and experience in shipbuilding, in order to become a significant actor on the offshore construction market. -
ZF English - 16:34 Feb 22, 2023
In 2022, more than 6,500 companies went insolvent, 7% more than in 2021 and 2% more than in 2019, one of the best years for the Romanian economy, before the Covid-19 pandemic, as per the latest Coface Romania survey and 2 percent above the level before the Covid-19 pandemic. The losses caused to creditors in 2022 by insolvent companies were 4.6 billion lei, down by 12 percent compared to the previous year. The number of insolvent companies with a turnover of over EUR 0.5 million increased from 322 to 357 during the past year. -
ZF English - 15:36 Feb 22, 2023
Romania's economic growth will slow down significantly in 2023, but will revive in 2024 more than previously anticipated, according to the minutes of the monetary policy meeting of the Board of Directors of the National Bank of Romania (NBR), Ziarul Financiar (ZF) reported. -
ZF English - 15:17 Feb 22, 2023
60% of Romanians say they trust mobile banking applications to keep their money safe and 59% say they trust internet banking and bank websites, as per a survey by Reveal Marketing Research. -
ZF English - 13:02 Feb 22, 2023
Patria Asset Management, part of the Patria Bank group, lists today, February 22, the first sectorial ETF on Bucharest Stock Exchange’s (BVB) Regulated Market under the ticker PTENGETF. -
ZF English - 09:08 Feb 22, 2023
Developers have announced the construction of more than 275,000 square meters of new office projects in major regional centers of Romania, Cluj-Napoca, Timisoara, Iasi and Brasov, so that the modern stock of such spaces will reach some 1.3 million square meters in the next five years, reveals Office Market Regional Cities report drawn up by real estate consultancy Cushman & Wakefield Echinox. -
ZF English - 08:19 Feb 22, 2023
In 2022, Romania wholesale trade turnover (not including vehicle and motorbike trade) went up by 22% in nominal terms from 2021 as gross series, in line with data provided by the country’s statistical board INS. -
ZF English - 07:29 Feb 22, 2023
The international hotel group is expanding its portfolio with three new hotels set to be opened in Romania, says Ivan Kissev, senior director, International Hotel Development CEE & CIS Marriott International. -
ZF English - 07:21 Feb 22, 2023
The roofing and insulating panels manufacturer Impro, a subsidiary of the Polish group of the same name, plans to expand Romanian operations this yeae, resuming the production of some processes it has outsourced in recent years. -
ZF English - 18:58 Feb 21, 2023
Transilvania Broker, an insurer listed on the Bucharest Stock Exchange, posted RON130 million revenue in 2022, up 31%, and a net profit of RON11.5 million, up 68%, according to the financial report published on Tuesday evening. -
ZF English - 17:47 Feb 21, 2023
The Soleadify project, launched by Dataworks Research SRL, which develops a global database of companies to help businesses find customers, has secured a $6 million investment from five investment funds. -
ZF English - 17:46 Feb 21, 2023
Niche perfumery chain Obsentum is opening in 2023 a shop in Palas Iasi, a retail project developed by businessman Iulian Dascalu. -
ZF English - 17:11 Feb 21, 2023
Romanian company System Innovation Romania, an integrator of end-to-end business software solutions, has overshot the EUR2 million turnover mark at the end of 2022, up nearly 20% from 2021, company reps said in a statement. -
ZF English - 16:37 Feb 21, 2023
The private pension funds operating on the mandatory segment in Romania (Pillar II) reported record assets of RON100.2 billion in January 2022, being the first time Pillar II funds have overshot the RON100 billion asset mark, as per data released by Romania’s Financial Supervisory Authority, or ASF. -
ZF English - 16:06 Feb 21, 2023
Drywall products maker Etex Building Performance (Siniat Romania), part of Belgium’s Etex Group, has appointed Cristian Moldovan to the position of industrial director. -
ZF English - 15:18 Feb 21, 2023
Law firm bpv Grigorescu Stefanica advised Bucharest-based software and infrastructure company INCRYS on acquiring USOURCE, an IT services company based in Cluj-Napoca. -
ZF English - 14:54 Feb 21, 2023
Parcel delivery company DPD Romania, one of the largest courier services companies in Romania, had a turnover of EUR71 million in 2022, up 8% from 2021. -
ZF English - 14:33 Feb 21, 2023
Investment company Encore Capital Trust (ECT) raised more than RON25 million (approximately EUR5.1 million) in the first six months in business, making 170 acquisitions, with an average annualized return of over 20%, the company said. -
ZF English - 14:27 Feb 21, 2023
Eduard Burghelia, the entrepreneur who created Confidas.ro, a platform that analyses the financial risk of companies, has sold the business to a similar platform called Termene.ro. -
ZF English - 13:44 Feb 21, 2023
Liberty Galati announced on Tuesday (Feb 21) that it would restart Blast Furnace No. 5 in mid-March 2023 against the backdrop of market recovery in Europe supported by improvements in input costs and pricing.
19015 items