ZF English
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http://www.zfenglish.com
Found 19491 news
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ZF English - 18:47 Feb 17, 2023
Shareholders of BRD – Groupe Société Générale (BRD.RO), the third largest bank in Romania by assets, approved at their Extraordinary General Meeting the issuance of eligible additional tier 1 instruments, up to a maximum ceiling of EUR300 million or the equivalent in lei, in the form of one or several loans. -
ZF English - 18:34 Feb 17, 2023
State-run electricity supplier and distributor Electrica (EL.RO) has notified investors about several transactions between Distributie Energie Electrica Romania (DEER), its subsidiary, and Hidroelectrica, the largest local electricity producer, between February 17, 2022 and February 16, 2023. -
ZF English - 17:59 Feb 17, 2023
NN Asigurari de Viata, leader of the life insurance market, ended 2022 with gross underwritten premiums of RON970 million, just 3.2% above the level recorded in 2021, in line with data from company representatives. -
ZF English - 15:55 Feb 17, 2023
Romania is among the most competitive countries in Central and Eastern Europe (CEE) in terms of the retail market, as per the “Market Outlook 2023“ report by CBRE Romania, the global leader of the real estate consulting market. -
ZF English - 15:19 Feb 17, 2023
E-Distributie Muntenia, the electricity distribution operator part of Enel Group, which operates in capital Bucharest and the counties of Ilfov and Giurgiu, has completed upgrade works at the Glina primary substation (Ilfov County), following an investment of over RON4.7 million. -
ZF English - 14:22 Feb 17, 2023
Over two thirds (69%) of consumers globally have reduced non-essential spending and most of them (96%) have adopted cost-saving behaviors, against the backdrop of record-high prices all over the world, according to the 2023 PwC Global Consumer Insights Pulse Survey. -
ZF English - 12:26 Feb 17, 2023
Deloitte Romania is expanding its cybersecurity team by appointing Andrea Multari as partner and leader of the Central Europe specialized practice, effective as of March 1, 2023. -
ZF English - 11:33 Feb 17, 2023
CEC Bank, the bank with the longest history in the financial-banking market in Romania, which started to operate in 1864, is listing on Friday (Feb 17), the first two bonds issued and denominated in RON and EUR, totalling over RON650 million, on the Main Market of the Bucharest Stock Exchange. -
ZF English - 08:41 Feb 17, 2023
One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use and commercial real estate in Bucharest, Romania, has acquired a 44,863-sqm land plot located at Soseaua Progresului 56-80, in district 5, Bucharest, for EUR35 million, for a new mixed-use development, One Cotroceni Towers. -
ZF English - 08:23 Feb 17, 2023
German carmaker Daimler, which owns Star Assembly company of Sebes, Romania’s third largest exporter, has started construction works for a new electric drive unit assembly plant, an almost EUR140 million investment. -
ZF English - 08:11 Feb 17, 2023
Local startup Druid, founded in 2018 by local entrepreneur Liviu Dragan, plans to raise new funding this year, worth around EUR20 million, and is already in talks with investment funds of the US and Europe. -
ZF English - 08:03 Feb 17, 2023
Roofing manufacturer Caretta increased its number of employees by around 55% in 2022 and intends to expand its team further this year. -
ZF English - 07:55 Feb 17, 2023
Hospital and medical center network Arcadia, the biggest healthcare operator in Moldavia, a family business developed 15 years ago by Fiterman family, has expansion plans, inclusively through a takeover in Bucharest. -
ZF English - 22:00 Feb 16, 2023
Burger King will resume expansion in Romania via a new franchisee, Rex Concepts CEE, which hired Cristian Turculet as head of operations for Romania, to do that. -
ZF English - 20:51 Feb 16, 2023
The general and life insurance market reached a gross written premium volume of RON16.5 billion, preliminary data show, which does not include the gross written premiums of those insurers operating in Romania via the freedom to provide services (FOS) and freedom of establishment (FOE) rights, preliminary official data show. -
ZF English - 20:14 Feb 16, 2023
Romania's finance ministry raised RON1.02 billion on Thursday (February 16, 2023) through two government bond issues, at annual average yields of 6.96% and 7.65%. -
ZF English - 20:13 Feb 16, 2023
With an annual production of 60,000 tons, Romania is the largest producer of walnuts in Europe, ahead of Greece, France and Spain, Eurostat data show. Some of the production is exported, so the leading edible fruit exporters include three businesses that grow or sell walnuts. -
ZF English - 20:05 Feb 16, 2023
Romania's land market remained active in 2022, maintaining trends seen in the past couple of years which marked the best levels since 2007, but dropped by around 45% in volume of deals closed, reaching almost EUR450 million, as per the 2022 Annual Report released by Colliers. -
ZF English - 19:21 Feb 16, 2023
Luxury jewelry chain Teilor, which owns 65 physical stores in Romania and in countries across the region, plus online operations, has appointed Anda Jurca to the position of commercial & product director. -
ZF English - 18:38 Feb 16, 2023
Electrical equipment distributor Promelek XXI in Cluj-Napoca, part of the Spanish group Elektra, posted about RON200 million (EUR40.5 million) revenue in 2022, up 33% from the RON150 million (EUR30.5 million) of 2021.
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