ZF English
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http://www.zfenglish.com
Found 15873 news
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ZF English - 18:04 Sep 06, 2024
Port operator Socep Constanta (SOCP.RO) notified the Bucharest Stock Exchange that 293.5 million of the 346.2 million shares offered for the capital increase by contribution in cash were subscribed. The broker of the operation was SSIF Interfinbrok Corporation. -
ZF English - 17:37 Sep 06, 2024
BCR, the second largest bank in Romania, has revised its 2024 economic growth forecast for the country to 1.9% from 2.6%, as previously stated. The revision of the forecast is because of the mere 0.7% economic growth in the first half of 2024, instead of the 2% to 3% financial analysts and government expected. -
ZF English - 14:59 Sep 06, 2024
ING Bank has decided on Friday (Sept 6) to revise its growth forecast for Romania's economy in 2024 to 1.3% from its previous estimate of 2% after Romania's statistics board INS released detailed data about the country's economic growth in the first half of 2024. -
ZF English - 12:48 Sep 06, 2024
Romania's Competition Council is assessing the transaction through which A-AG Holdco Ltd intends to acquire Intersystems Holding Inc. and the companies related to the grain and protein business of AGCO Corporation. -
ZF English - 12:40 Sep 06, 2024
Romania’s finance ministry is launching new Tezaur Treasury bills on Monday, September 9, the ministry announced on Friday (Sept 6). -
ZF English - 12:19 Sep 06, 2024
Swedish group Holmbergs Safety Systems, controlled by investment fund FSN Capital, has filed a request for the insolvency of its subsidiary in Romania, which it set up in 2020 by taking over local company Te-Rox Prod from local entrepreneur Doina Cepalis, as per an announcement published on the web portal of courthouses. -
ZF English - 09:51 Sep 06, 2024
Romania's economy edged 0.7% higher, in unadjusted data, and grew by 1.5% in seasonally adjusted data, in the first half of 2024 compared to the same period of 2023, provisional (1) estimates from the country's statistics board INS showed on Friday (Sept 6). -
ZF English - 07:48 Sep 06, 2024
Law Firm PeliPartners Assisted Octogon Gas & Logistics Owners in Sale to Nawaf Salameh Family Office
Law firm PeliPartners has assisted Bogdan Idu and companies of his group in the sale of their entire stake in Octogon Gas & Logistics, the company that operates the biggest LPG maritime terminal in Romania, to Nawaf Salameh Family Office, which owns spirits producer Alexandrion Group among others. -
ZF English - 06:45 Sep 06, 2024
Quehenberger Logistics Rou, a major player on the transport and logistics market, for 2023 reported turnover of RON364.8 million (EUR73.7 million), down 9% from the previous year, in line with ZF calculations based on Finance Ministry data. -
ZF English - 06:39 Sep 06, 2024
Kastamonu Romania, controlled by Turkey’s Kastamonu Entegre, ended the first half of 2024 with interim turnover of around EUR70 million, flat from H1/2023. -
ZF English - 06:32 Sep 06, 2024
Pavel Holding and Apex Alliance have recently sealed an agreement for the acquisition of Waldhaus Flims Wellness Resort, a five-star hotel compound of Switzerland. The reopening of Waldhaus Flims is scheduled for 2025. -
ZF English - 20:42 Sep 05, 2024
Local construction company Concelex set out to build a concrete product factory to facilitate its work on construction sites and applied for government funds via the ConstructPlus program. -
ZF English - 20:01 Sep 05, 2024
Softbinator Technologies (CODE.RO) a Romanian provider of full software development services (product management, product design, software development, AI/ML development and product marketing) posted RON257,000 consolidated net profit in the first half of 2024 compared with a loss in the year-ago period. -
ZF English - 19:28 Sep 05, 2024
The Bursa de Valori Bucuresti (BVB.RO - Bucharest Stock Exchange), the operator of the local bourse listed on its own market, on Thursday evening announced that at the quarterly meeting of the Index Committee on September 5, a decision was made to include Premier Energy (PE.RO) and Antibiotice Iasi (ATB.RO) in the reference index BET, in the dividend index BET-TR and BET-Total Return Net index. -
ZF English - 18:41 Sep 05, 2024
The Board of Directors of Flaros Bucuresti (stock symbol: FLAO), a company specialized in leasing own spaces from the portfolio of Infinity Capital Investments, on Sept 5 called the extraordinary general meeting of shareholders for talks on withdrawing the company from trading its shares on the AeRO market of the Bucharest Stock Exchange. -
ZF English - 18:20 Sep 05, 2024
Catalyst Romania Fund I, an early-stage venture capital fund in Romania, has announced another successful exit from its portfolio with the acquisition of Romanian firm 123FormBuilder by American technology company Kiteworks, a global leader in secure content management solutions. -
ZF English - 16:38 Sep 05, 2024
Romania's Finance Ministry raised RON1.03 billion from banks on Thursday (Sept 5), selling government paper in two auctions, at annual average yields of 5.77% and 6.72%, respectively. -
ZF English - 15:02 Sep 05, 2024
The management of Teilor Holding, a group of companies that includes luxury jewelry chain Teilor, non-bank financial institution Invest Interned GF IFN, the company that sells gold jewelry Invest Interned Gold and Teilor Invest Exchange, on Thursday notified the Bucharest Stock Exchange of its shareholders’ plan to conduct a new bond offering of up to RON40 million. -
ZF English - 14:08 Sep 05, 2024
OMV Petrom (stock symbol: SNP.RO), Romania’s largest oil and gas producer, intends to outsource to Bonatti S.p.A. Parma, Bucharest branch, some tubular material reconditioning and transport services, together with the assets and employees serving them, according to Romania's Competition Council, which approved the the transaction. -
ZF English - 12:47 Sep 05, 2024
Nawaf Salameh Family Office, which owns, among others, spirits producer Alexandrion Group, has acquired the Octogon Gas & Logistics Terminal in the Port of Constanta, as per an announcement made by Nawaf Salameh on LinkedIn.
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