ZF English
Source:
http://www.zfenglish.com
Found 15873 news
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ZF English - 08:05 Aug 22, 2024
Bucharest will during the 2024-2026 period register the strongest increase in new hotel spaces among CEE capital cities, with an advance of around 5.8%, meaning another 2,400 rooms will be delivered, a rate that tops the CEE-6 average growth of 3.2%, reveals an analysis by real estate consultancy Cushman & Wakefield. -
ZF English - 07:13 Aug 22, 2024
Winemaker Purcari Wineries in the first half of this year registered RON166 million revenues, up 3%, and RON29 million net profit, 8% above the level of H1/2023. -
ZF English - 07:02 Aug 22, 2024
SIVA Uniforms, the main professional outfit plant in Romania, expects turnover to double this year, to EUR4 million, and aims expansion of the brand on new foreign markets. -
ZF English - 06:46 Aug 22, 2024
The European Bank for Reconstruction and Development (EBRD), CEECAT Capital Fund, a regional private equity fund that works with visionary founders to support businesses growth, and Morphosis Capital Fund II, a growth capital fund focused on turning local SMEs into regional players, have entered the shareholding structure of Romanian-held food retailer La Cocos. -
ZF English - 06:24 Aug 22, 2024
Linnify, a Romanian IT company founded in 2016, saw its turnover top RON10 million (over EUR2 million) in 2023, up more than 12% against 2022. -
ZF English - 06:14 Aug 22, 2024
Door and window manufacturer Casa Noastra of Dolj county, present on the market with QFort brand, earmarks as much as RON1 million for research, development and innovation annually. -
ZF English - 21:00 Aug 21, 2024
The five-star Marmorosch Bucharest hotel, owned by Lithuanian group Apex Alliance, had an average occupancy rate of 80% in the first half of 2024, higher than in the year-ago period, and expects revenue to be at least 10% higher by the end of the year. -
ZF English - 20:26 Aug 21, 2024
The manufacturer of plastic parts and subassemblies for the automotive industry Oechsler Romania, the local subsidiary of the German group Oechsler, posted RON158.2 million (about EUR32 million) revenue in 2023, up 5.5% from the previous year’s RON149.9 million (EUR30.4 million), Finance Ministry data show. -
ZF English - 19:55 Aug 21, 2024
Antibiotice Iasi (ATB.RO), the largest Romanian-held drug producer, posted RON150 million revenue from exports in the first half of 2024, an increase of 25% on the year-ago period. -
ZF English - 18:02 Aug 21, 2024
Car parts manufacturer Bos Automotive Products Romania, the local subsidiary of Germany’s BOS GmbH&Co. KG, had a turnover of RON421.6 million (EUR85.2 million) in 2023, down 5.6% from a RON445.4 million (EUR90.3 million) turnover reported in 2022, in line with finance ministry data. -
ZF English - 17:52 Aug 21, 2024
Hungarian clothing brand Budmil has entered the Romanian fashion market with the opening of its first store locally, in the town of Targu-Mures, within the Plaza M shopping center. -
ZF English - 17:32 Aug 21, 2024
The number of job vacancies reached 34.5 thousand in the second quarter of 2024, marking a decrease of 0.5 thousand compared to the previous quarter, data from the country’s statistics board INS showed on Wednesday (August 21). -
ZF English - 16:22 Aug 21, 2024
Real estate developer Impact Developer (stock symbol: IMP) ended the first half of 2024 with loss of RON12.8 million, compared with net profit of RON34.3 million in the same period of 2023, amid high financial costs which were not capitalized in 2024, as per its half-yearly financial report. -
ZF English - 16:19 Aug 21, 2024
Romanian-held airline AnimaWings announces the launch of a regular route between Bucharest and Dubai starting December 27, 2024, with a frequency of two flights a week. -
ZF English - 15:31 Aug 21, 2024
Flaros Bucuresti (stock symbol: FLAO), a company specialized in leasing own spaces from the portfolio of Infinity Capital Investments (formerly known as SIF Oltenia), reported net profit of RON1.7 million for the first half of 2024, up 43% from the year-earlier period, as per its half-yearly financial report. -
ZF English - 15:13 Aug 21, 2024
Fuchs Condimente Romania, part of Germany's Fuchs Group and one of the largest spice producers in the local market, has invested EUR14 million to expand its factory in Curtea de Arges and automate production processes. -
ZF English - 14:26 Aug 21, 2024
Israel’s Nofar Energy, one of the leading renewable energy investors in Romania, has signed a loan facility agreement and a VAT facility agreement totaling EUR122 million with the European Bank for Reconstruction and Development (EBRD) and Raiffeisen International, as lenders. -
ZF English - 12:24 Aug 21, 2024
Romania's Competition Council is assessing the transaction through which Arctic Stream S.A., together with the Manescu family, intends to take over Data Core Systems S.R.L. -
ZF English - 12:17 Aug 21, 2024
Romania's Competition Council has fined six publishing houses and the Romanian Publishers Association a total RON5.9 million (approximately EUR1.2 million) for participating in anti-competitive agreements regarding sale prices, following a complaint filed by Bookster. -
ZF English - 11:33 Aug 21, 2024
Macofil Targu-Jiu, a building material producer listed at the Bucharest Stock Exchange under the stock symbol MACO, ended the first half of 2024 with net profit of RON6.9 million, up 26% from the year-earlier period, as per its half-yearly financial report.
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