ZF English
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ZF English - 17:39 Feb 01, 2023
Romanian tech startup Kubeark, an open and infrastructure-agnostic platform aiming to support enterprises fix their scalability, delivery and lifecycle management challenges, raised $2.8 million in a pre-seed funding round, company representatives said in a statement. -
ZF English - 17:00 Feb 01, 2023
Citi has announced the appointment of Mihaela Penes to the position of Director of Treasury and Financial Markets for Romania and Bulgaria. -
ZF English - 16:44 Feb 01, 2023
Romania's foreign exchange reserves stood at EUR50.2 billion on January 31, 2023, higher by EUR3.56 billion versus December 2022, central bank data showed Wednesday (Feb 1). -
ZF English - 16:11 Feb 01, 2023
The shortage of skilled workers has been a problem affecting European manufacturers for several years, and estimates show that by 2050 the European labor market will lose 91 million employees, of which over 2.7 million in Romania. -
ZF English - 16:10 Feb 01, 2023
Romania’s finance ministry will be launching new government bond issues for the general population only, on Friday (February 3, 2023), through the TEZAUR program. -
ZF English - 15:44 Feb 01, 2023
January 2023 recorded 15% more job openings and 34% more job applications compared to January 2022. -
ZF English - 13:34 Feb 01, 2023
Revenues of commercial real estate companies (commercial spaces, business centers and offices, logistics premises) will be impacted this year mainly by persisting high inflation, workforce challenges, cyber risk, and climate-related regulations, according to the Deloitte 2023 Commercial Real Estate Outlook global study. -
ZF English - 12:16 Feb 01, 2023
Romania’s unemployment rate stood at 5.6% in December 2022, higher by 0.2 percentage points than 5.4% in November 2022, data from the country’s statistics institute INS shows on Wednesday (Feb 1). -
ZF English - 09:16 Feb 01, 2023
eMAG, the biggest online retailer in Romania, has got long-term funding worth almost EUR70 million from Alpha Bank, which will support the construction of a state-of-the-art logistic center near Budapest, Hungary, with a capacity of as much as 120,000 square meters, an over EUR100 million investment. -
ZF English - 08:57 Feb 01, 2023
More than 6,700 companies entered insolvency in 2022, up 10% from 2021, but just 67 of them are major companies with assets of above EUR1 million, flat from the previous year, reveals a survey by insolvency specialist CITR. -
ZF English - 08:25 Feb 01, 2023
Swedish furniture and home décor retailer IKEA has started the recruiting process for the more than 250 employees of the future store of Timisoara, which the company is set to open this summer. -
ZF English - 08:14 Feb 01, 2023
Electroaparataj Targoviste, a marker of electrical equipment and electrotechnical accessories, has announced that during the February 1-28 period it will substantially reduce its activity and suspend labor contracts for most employees. -
ZF English - 08:03 Feb 01, 2023
TeraPlast group in 2022 posted RON711 million turnover, up 16%, while its net profit slumped by 64% to RON15.4 million. -
ZF English - 07:48 Feb 01, 2023
Vlad Mihail and Darius Lumperdean in 2019 opened Bear King restaurant specializing in wurstgers in Targu-Mures, in the wake of EUR85,000 investments and this year went abroad, opening a unit in London. -
ZF English - 07:40 Feb 01, 2023
In 2023, Metro Romania development will be based on three pillars: the expansion of LaDoiPasi franchise (with the network set to go beyond 2,000 stores this year), service digitalization and attracting new business, both from the hospitality sector and from resellers. -
ZF English - 22:00 Jan 31, 2023
eMAG, the largest online retailer in Romania, plans to raise the credit limit for its registered customers and increase the number of installments in which they can repay their loans, a move prepared in partnership with payment processor PayU, part of the same group. -
ZF English - 19:37 Jan 31, 2023
Romania’s Competition Council is looking into a transaction whereby Cemacon SA, part of Paval Holding Group, seeks to acquire the company Euro Caramida SA. -
ZF English - 19:20 Jan 31, 2023
Egger Romania, part of Austria’s Egger, a supplier of wood-based material for furniture industry and interior decorations, construction and flooring, ended 2022 with investments of EUR13.5 million which were geared mostly towards increasing the capacity of collecting and processing recyclable wood waste and towards a new impregnated paper production line. -
ZF English - 18:44 Jan 31, 2023
Romanian consumers made purchases worth EUR457 million in supermarkets and other grocery stores through Revolut cards in 2022, according to a survey by Revolut. -
ZF English - 17:57 Jan 31, 2023
Courier services company Cargus, one of the largest players on Romania’s market, has recruited Oana Mandicescu and Zoe Dobre for the positions of Chief Sales Officer (CSO) and Chief People and Culture Officer (CPCO), respectively.
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