ZF English
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http://www.zfenglish.com
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ZF English - 19:08 Feb 23, 2022
Norofert Group (NRF.RO), a leading Romanian producer of organic agricultural products, ended 2021 with a turnover of RON51.5 million, up 107% from 2020, and a net profit of RON8.2 million, up 63% from 2020, in line with its preliminary financial report. -
ZF English - 18:03 Feb 23, 2022
Aquila Part Prod (AQ.RO), the largest fast moving consumer goods distributor in Romania, on Wednesday announced on the Bucharest Stock Exchange that its shareholders had approved in their general meeting a share capital increase by RON150 million, representing issuance premiums, to RON180 million. -
ZF English - 17:54 Feb 23, 2022
Covid-19 was a huge economic shock, but the Romanian economy has shown resilience and its recovery is ongoing, as per the Investment Survey of the European Investment Bank (EIB). -
ZF English - 17:35 Feb 23, 2022
The Bihor County Council has signed a credit contract of RON100 million (EUR20 million) with lender Raiffeisen Bank, with a 12-year reimbursement period. -
ZF English - 17:15 Feb 23, 2022
The Bucharest Stock Exchange on Wednesday said the shares of Grup Serban Holding would start trading on the AeRO market, the equity segment of the Multilateral Trading System, on Monday (Feb 28), under the stock ticker GSH. -
ZF English - 17:06 Feb 23, 2022
Poland’s CIECH Group, with a 75-year experience in the chemical products industry, enters the Romanian agribusiness market and establishes CIECH Agro Romania. -
ZF English - 16:17 Feb 23, 2022
Deutsche Telekom changes its logo on a group level and in all national companies operating under the T brand, company officials said in a statement. -
ZF English - 15:57 Feb 23, 2022
Private lending grew by 15.1% in nominal terms (6.3% in real terms) to RON326.46 billion in January 2022 compared to January 2021, as local currency lending grew by 19.5% (10.3% in real terms) and foreign currency lending by 5.2% when expressed in lei (3.6% when expressed in euros), central bank data showed Wednesday. -
ZF English - 15:14 Feb 23, 2022
The plan of NuScale, which will make the small modular nuclear reactors (SMR) for Romania, is to assemble them in a plant, and one such plant could be in Romania, CEO John Hopkins said at the ZF Power Summit. -
ZF English - 14:49 Feb 23, 2022
Only six office buildings totaling 135,700 square meters of gross leasable area (GLA) are due to be finalized in capital Bucharest in 2022 – a five-year low- but the buildings planned for 2023, estimated at 267,300 sqm, are directly included in a top three deliveries over a ten-year period, in line with an analysis by real estate consulting firm CBRE. -
ZF English - 12:43 Feb 23, 2022
MedLife Group said in a stock market report on Wednesday that it completed the acquisition of a 50% stake in the oncology centers of Neolife Romania, following the approval of Romania’s Competition Council, being the largest transaction initiated by MedLife in 2021. -
ZF English - 12:01 Feb 23, 2022
Ogre AI, a startup company specialized in machine learning and artificial intelligence (AI) solutions for the energy sector, has announced the completion of an EUR2 million investment round led by Early Game Ventures (EGV), with the participation of London-based venture capital (VC) fund MMC Ventures and international business angels, company officials said in a statement. -
ZF English - 09:03 Feb 23, 2022
The volume of investments in the biggest real estate projects underway or due to start in 2022 across Romania goes beyond EUR1.8 billion, with the housing and logistics markets being the most dynamic at present, in line with an analysis by Bucharest Real Estate Club (BREC). -
ZF English - 08:38 Feb 23, 2022
Laurus Medical, a network specializing in proctology and phlebology healthcare services, founded by a doctor, in 2021 reached 10 centers nationwide and reported EUR7.3 million, according to the company’s officials. -
ZF English - 08:25 Feb 23, 2022
Cluj-Napoca-based cigarette wholesaler Punctual Comimpex, held by entrepreneur Vasile Muresan, targets RON950 million (over EUR192 million) turnover this year, up 11.6% on the year, in line with ZF calculations based on company data. -
ZF English - 08:15 Feb 23, 2022
Travel agency J’Info Tours, one of the biggest locally, expects 30% higher turnover this year amid rising demand for exotic circuits, as well as for holidays in Greece, Turkey or Spain, according to the company’s officials. -
ZF English - 08:05 Feb 23, 2022
Airline Blue Air reported turnover worth EUR121 million in the second pandemic year, down 15% from the previous year. -
ZF English - 07:52 Feb 23, 2022
Bistrita-based Datacor plans to develop greenfield-type photovoltaic projects in Transylvania, with total 50MW capacity, as the system integrator last year launched an arm dedicated to this type of projects, explained Bogdan Bilegan, CEO and stakeholder in Datacor. -
ZF English - 19:26 Feb 22, 2022
Polish fashion discounter Pepco continued its expansion in the second year of the COVID-19 pandemic, opening more than 50 new stores in Romania in 2021, ZF has found. -
ZF English - 19:06 Feb 22, 2022
Licurici Impex, an Onesti (Bacau County) based fast moving consumer goods distributor, estimates revenue will reach more than RON500 million (EUR101 million) in 2022, 2.5% higher than in 2021, ZF has calculated from the data supplied by the company.
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