ZF English
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Found 19451 news
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ZF English - 18:06 Feb 21, 2022
Romania’s life insurance market reported underwritings of RON2.6 billion at the end of 2021, up 17.6% from 2020, but, in terms of the weight held in the overall market, this segment seems to be going downwards, in line with preliminary data from the country’s financial supervisory authority (ASF). -
ZF English - 17:08 Feb 21, 2022
Romania's finance ministry on Monday raised RON571 million (EUR115.4 million), close to the planned level, selling bonds maturing in 2029 at an average yield of 5.44%, central bank data showed. -
ZF English - 17:00 Feb 21, 2022
Retail sales grew by 7.5% in Romania in 2021, above the European average of 3.3%, but below the 10.6% increase in Eastern Europe, in line with data from Retail Audit NielsenIQ. -
ZF English - 16:13 Feb 21, 2022
Grup Şerban Holding (GSH.RO), a Romanian entrepreneurial company active in several fields in the agricultural sector, on Monday announced the signing of a significant contract with PepsiCo Romania regarding the development of a program for the delivery of potatoes for Lay’s chips produced in Romania. -
ZF English - 15:46 Feb 21, 2022
Greenglass Recycling based in Popesti- Leordeni (Ilfov County) is investing EUR10 million in a new post-consumer waste glass recycling factory and in upgrades on existing installations, thus boosting its production capacity to 260,000 tons recycled per year. -
ZF English - 15:04 Feb 21, 2022
Romania’s economic growth is expected to decelerate considerably in 2022 and 2023, after having reached very high dynamics from a historical perspective in 2021, yet significantly lower than previously forecast (in November 2021), the minutes of the monetary policy meeting of Romania’s central bank (BNR) say. -
ZF English - 14:34 Feb 21, 2022
Romanian cybersecurity company SafeTech Innovations (SAFE.RO), listed on the AeRO market of the Bucharest Stock Exchange, ended 2021 with a turnover of nearly RON23 million, up 56% from 2020, and a net profit of RON6.1 million, up 99% on the year, in line with its preliminary financial report. -
ZF English - 13:00 Feb 21, 2022
Venture capital fund ROCA X on Monday a first round of investment in FilmChain, a fintech company dedicated to the film industry, with headquarters in London and New York, founded by Romanian entrepreneurs Maria Tânjală and Irina Albiţa. -
ZF English - 12:39 Feb 21, 2022
Five new companies listed on the Bucharest Stock Exchange will be included in the FTSE Russell index series dedicated to Emerging Markets, namely, MedLife (M), Purcari Wineries (WINE), Conpet (COTE), IMPACT Developer & Contractor (IMP) and Sphera Franchise Group (SFG). -
ZF English - 09:02 Feb 21, 2022
Italy’s fashion group Moncler, active on the luxury segment, will develop a new plant in Romania, where it will hire 300 people. The company will also build a kindergarten for employees’ kids. Total investments will revolve around EUR10 million. -
ZF English - 08:47 Feb 21, 2022
Footwear retailer Benvenuti, controlled by local entrepreneur Dan Pavel, for 2021 reported turnover worth RON123.4 million (EUR25 million), up 26% year-on-year. -
ZF English - 08:39 Feb 21, 2022
Focsani-based packaging producer Electric, owned by Buzaianu family, ended 2021 with EUR9 million turnover and for 2022 targets EUR13 million, according to the company’s officials. -
ZF English - 08:30 Feb 21, 2022
2022 started with a positive signal for the hotel sector, with 277 accommodation unit construction sites being already underway by February 14, in line with data provided by IBC Focus, which operates a database about Romania’s constructions market. -
ZF English - 08:18 Feb 21, 2022
Almost 700 construction companies in Romania entered insolvency or bankruptcy in 2021, in line with Trade Registry data. -
ZF English - 08:05 Feb 21, 2022
Craiova-based Softronic, Eastern Europe’s only factory producing electric frames and locomotives, ended 2021 with turnover worth EUR25-26 million and for 2022 expects to reach EUR30 million turnover amid newly signed contracts, according to the company’s officials. -
ZF English - 07:56 Feb 21, 2022
Arctic sales in Romania increased by around 5% in 2021, after a difficult 4Q, in the red. -
ZF English - 16:38 Feb 18, 2022
The Bucharest Stock Exchange on Friday said the shares of Dr. Fisher Dental, which operates on the Romanian dental technology market, would start trading on the AeRO market, the equity segment of the Multilateral Trading System, on Tuesday (Feb 22), under the stock ticker DENT. -
ZF English - 16:20 Feb 18, 2022
Auto parts manufacturer Altur Slatina (ALT.RO), listed on the Main Market of the Bucharest Stock Exchange, on Friday informed its shareholders of the conclusion of two loan contracts with Adrian Andrici, a significant shareholder of the company, as per a stock market report. -
ZF English - 15:36 Feb 18, 2022
House prices per square meter in Romania are undervalued by almost 30% compared to house prices on other real estate markets in Europe, as per a report by Social Monitor ordered by real estate developer Nordis Group.
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