ZF English
Source:
http://www.zfenglish.com
Found 16411 news
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ZF English - 08:00 May 02, 2022
AROBS Transilvania Budgets 17% Higher Turnover for 2022 to RON200M and RON47M Net Profit, Up 10% YOY
AROBS Transilvania Software, a tech company listed on the Bucharest Stock Exchange under the AROBS ticker, targets RON197.3 million, RON54.9 million EBITDA and net profit worth RON47.3 million at end-2022. -
ZF English - 07:43 May 02, 2022
The shareholders of Banca Transilvania (TLV), among which Pillar II pension funds, regional investment funds, the EBRD, approved the distribution of RON800 million from 2021 profit under the form of dividends, the equivalent of a 5.2% return, as well as a RON765 million share capital hike via the granting of free stock. -
ZF English - 07:34 May 02, 2022
Romania’s unemployment rate was flat on the month at 5.7% in March 2022, data from the country’s statistics institute INS shows on Monday (May 2). -
ZF English - 07:23 May 02, 2022
Sweden’s Ericsson, one of the world’s biggest suppliers of equipment, software and services for telecom operators, got the ok from Romania’s National Defense Council (CSAT) to sell and install 5G networks in Romania. -
ZF English - 07:11 May 02, 2022
Hotel company Tusnad, which manages two accommodation units in Tusnad resort, doubled its revenues last year, to around RON11 million, from RON5 million in 2020. -
ZF English - 07:05 May 02, 2022
Italian-held Maschio Gaspardo, which produces farm machinery in Romania in the plant of Chisineu-Cris of Arad county, expects to generate EUR70 million turnover in 2022, after having lifted production capacity by 20% last year, according to Mirco Maschio, chairman of Maschio Gaspardo group. -
ZF English - 18:17 Apr 29, 2022
Romania’s Energy Ministry, as majority shareholder and Fondul Proprietatea as shareholder (20%) of Hidroelectrica approved payment of RON3.8 billion dividends by the country’s largest electricity producer, on April 28. -
ZF English - 17:53 Apr 29, 2022
Agricover Group, the leader of the agribusiness market in Romania, ended 2021 with RON1.71 billion revenue, an increase of 50% year-on-year, as a result of an increase in market shares, it said in a release. Consolidated revenue stood at RON1.13 billion in 2020. -
ZF English - 17:13 Apr 29, 2022
Romanian maker of parts for gas turbines and aircraft Turbomecanica (TBM.RO) has approved distribution of RON10.1 million dividends, the company said in a report to the Bucharest stock Exchange. -
ZF English - 16:27 Apr 29, 2022
Erste Group, which owns Romanian lender Banca Comerciala Romana, on Friday published a report on the economy of the Central and Eastern European countries, in which it revised its forecast for Romania’s economic growth to 2.8% of the GDP. -
ZF English - 16:02 Apr 29, 2022
ROCA Industry, a holding company set up by ROCA Investments as Holdingorck1 with the Trade Register, which serves as an umbrella for various Romanian construction material manufacturers, announced the acquisition wire product manufacturer Dial in Harsova in its entirety in a EUR14 million deal. -
ZF English - 12:21 Apr 29, 2022
Regional investment fund SIF Oltenia (SIF5.RO) shareholders approved distribution of 39.95% of the 2021 net profit (RON37.5 million) or RON15 million as dividends, which ensures a gross dividend per share of RON0.03, during the general meeting whose decisions where published on the Bucharest Stock Exchange on April 28. -
ZF English - 11:49 Apr 29, 2022
Recycling group Green Group, which includes eight companies with recycling and waste management operations in Romania and Eastern Europe, will relocate its Bucharest office to the One Tower building part of the multi-purpose complex One Floreasca City in July. -
ZF English - 11:30 Apr 29, 2022
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, stood at 4.95% a year on Friday, April 29, an increase of 1.4% from 4.88% a year on Thursday (April 28), central bank data show. -
ZF English - 08:44 Apr 29, 2022
Lender Banca Comerciala Romana (BCR), controlled by Erste Group, ended the first quarter of 2022 with net profit worth RON477.5 million (EUR96.5 million), up 12.5% from RON424.6 million (EUR87.0 million) in 1Q/2021, owing to improved operating performance supported by ongoing strong lending. -
ZF English - 08:01 Apr 29, 2022
In the context of the unprecedented high and volatile oil prices, generated by the Ukrainian war, and aid rising sales volumes, OMV Petrom, the biggest company listed on the Bucharest Stock Exchange, saw its sales soar by 145% in the first three months of 2022 against the year-earlier period, while net profit tripled. -
ZF English - 07:48 Apr 29, 2022
Romanian IT Genetics, one of the largest providers of hardware and software solutions on the DC/POS (data collection and points of sale) market, invested over EUR300,000 to open an office in Madrid, Spain, with this being its third office abroad after those of Bulgaria and Hungary. -
ZF English - 07:37 Apr 29, 2022
Jumbo, the subsidiary of the Greek retailer of the same name, reported EUR182 million in 2021, namely around RON890 million, in line with ZF calculations. -
ZF English - 07:28 Apr 29, 2022
FAN Courier, leader of Romania’s courier services market, founded in 1998 by Felix Patrascanu, Adrian Mihai and Neculai Mihai, has completed the Cluj-Napoca hub that is set to become a new transit point besides the hubs of Bucharest and Brasov. -
ZF English - 07:18 Apr 29, 2022
Prevent clinic of Alba Iulia, which also owns a unit in Turda, is going to add a new clinic, but the main hurdles are related to the drawn-out process of getting authorizations to start construction works.
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