ZF English
Source:
http://www.zfenglish.com
Found 19015 news
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ZF English - 08:06 Jan 05, 2022
2022 is expected to be the year Romania’s modern retail will witness the quickest expansion so far, with over 500 new units and investments of at least EUR1 billion. -
ZF English - 07:54 Jan 05, 2022
Bookstore chain Diverta, which entered insolvency at its own request in mid-2021 amid the pandemic, has a restructuring plan made up of three main directions. -
ZF English - 07:44 Jan 05, 2022
Sebastian Bobu, executive manager of paving stone manufacturer Symmetrica, estimates the company ended 2021 with a 10% turnover increase against 2020, when it reported RON162.2 revenues and profit worth RON17.1 million. -
ZF English - 16:33 Jan 04, 2022
The Board of Directors of the Romanian National Air Transport Company Tarom has decided to change the CEO, so Catalin Radu Prunariu will be replaced by Mihaita Ursu, who returns to the helm of the company. -
ZF English - 10:36 Jan 04, 2022
The Board of Directors of Impact Developer & Contractor (IMP.RO), a real estate developer controlled by entrepreneur Gheorghe Iaciu, has decided to increase its share capital through a private placement on the stock exchange, offering for subscription a maximum of 350 million shares at a price of RON0.7 per unit. -
ZF English - 10:09 Jan 04, 2022
Catalin Samara, chief operating officer and e-commerce director, as well as executive board member of Carrefour Romania, on Monday became director of Bringo International, in charge with overseeing the international operations of the personal shopping and delivery service. -
ZF English - 08:48 Jan 04, 2022
Romanians in 2021 spent around EYR4.5 billion on refrigerators, TV sets, IT products, office staples or vacuum cleaners, with the market further witnessing sustained growth in the second pandemic year as people spent more time at home and invested in their own homes. -
ZF English - 08:34 Jan 04, 2022
Mondelez International wound up the acquisition of Chipita Global, one of the biggest producers of croissants and baked snacks in Central and Eastern Europe, a $2 billion deal. Amid the deal, Mondelez and Chipita will create the first RON1 billion company in Romania’s confectionery industry. -
ZF English - 08:23 Jan 04, 2022
Florin Enache, founder of jewelry chain Teilor, which has reached a network of around 60 stores on four markets of Central and Eastern Europe, believes foreign expansion is undoubtedly a winning move. -
ZF English - 08:10 Jan 04, 2022
Mircea Turdean, general manager of Farmec Cluj, the biggest local producer of cosmetics, expects the company’s turnover to return into the black this year after a several percentage drop in 2021 and profit to be similar with the level of 2020, the company’s best year. -
ZF English - 07:57 Jan 04, 2022
Elit, a major producer of cold cuts in Romania, with RON620 million turnover and RON55 million profit in 2020, managed to maintain its profitability level in 2021 as well by boosting sales amid tough market conditions, according to the company’s representatives. -
ZF English - 17:22 Jan 03, 2022
Telecommunications operator Digi Communications (DIGI.RO) on Monday evening announced completion of the sale of operations in Hungary for EUR625 million. -
ZF English - 16:59 Jan 03, 2022
Romanians registered 121,208 new cars last year, 4% below the 2020 level of 126,351 units, data published by Romania’s carmaker association ACAROM showed on Monday. -
ZF English - 16:18 Jan 03, 2022
Romania’s foreign reserves stood at EUR40.4 billion at the end of 2021, compared with EUR39.2 billion on November 30, central bank data showed on Monday. -
ZF English - 10:18 Jan 03, 2022
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, increased by to 3.02% on Monday (January 3, 2022) from 3.01% on Friday (December 31, 2021), central bank data showed on Monday. -
ZF English - 08:16 Jan 03, 2022
Romanian business software solutions provider Softelligence in 2021 reached EUR13.6 million turnover, 20% higher than in the previous year. -
ZF English - 08:06 Jan 03, 2022
Sapte Spice, a major player on Romania’s milling market, expects higher revenues in 2022 on the back of future price increases. Thus, the company sees 2022 turnover reach EUR80 million, up 25% on the year. -
ZF English - 07:55 Jan 03, 2022
Cristian Pandel, CEO of travel agency Christian Tour, expects turnover to reach 90-95% of 2019 level in 2022. -
ZF English - 15:42 Dec 31, 2021
Romania’s central bank on Friday (Dec 31, 2022) announced an average reference rate of 4.9486 lei to the European currency. -
ZF English - 14:51 Dec 31, 2021
The average ratio of non-performing loans (NPL) in the Romanian banking system fell below 4% of total loans in the first ten months of 2021, Romania’s central bank data show.
19015 items