ZF English
Source:
http://www.zfenglish.com
Found 18957 news
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ZF English - 13:26 Nov 23, 2021
Danico, a Romanian producer of winter sports clothing held by the Cotfas Family, expects a 15% increase in sales in 2021, considering that three quarters of production represents its own brand Strindberg, and 25% of production in lohn system for brands such as Prada, Moncler, Emporio Armani, Colmar. -
ZF English - 11:18 Nov 23, 2021
Romania’s national commission for prognosis and statistics has revised upwards its forecast on the monthly average net salary for 2022 expecting an increase of 8.9%, compared to an average net salary growth of 7% anticipated in its summer forecast. -
ZF English - 08:51 Nov 23, 2021
The number of housing units sold in Romania in the first 10 months of 2021 was 65% higher than the year-earlier level, but they were not also delivered. -
ZF English - 08:44 Nov 23, 2021
The net profit generated by the entire Romanian banking system at the end of the first nine months of 2021 reached a record high of around RON6.4 billion despite the pandemic, up over 36% from the gain reported for the same period of 2020. -
ZF English - 08:34 Nov 23, 2021
More than 25,000 PFAs (authorized private individuals) were set up in the first ten months of this year, 31% more than in the same period of last year. -
ZF English - 08:14 Nov 23, 2021
Pharmaceutical manufacturer Biofarm Bucuresti plans to double turnover and focus more on exports in the coming years, according to Catalin Vicol, the company’s general manager. -
ZF English - 08:00 Nov 23, 2021
Netherland’s Photon Energy says it is set to start construction of solar energy projects underway in Romania in 2022, with investors’ appetite for renewable power being high amid the high energy prices and the production gap Romania is coping with. -
ZF English - 07:51 Nov 23, 2021
Doctor Eugen Banciu, a stakeholder in Farmaciile Dona, the fourth largest company in Romania’s pharma retail by turnover, wants to strengthen the company locally and says he’s not mulling foreign expansion as Romania holds a lot of growth potential. -
ZF English - 07:43 Nov 23, 2021
Leszek Wacirz, country manager at Nestle Romania, says the company wants to double its activity locally in the next 5-10 years, both through organic growth, through the product mix and via potential mergers and acquisitions. -
ZF English - 18:05 Nov 22, 2021
Furniture retailer Ikea, which has two stores on the local market, both in Bucharest, is considering developing smaller stores in Romania, like the group already has on other markets, and is also considering new pick-up points in the country. -
ZF English - 17:10 Nov 22, 2021
Bursa de Valori Bucuresti S.A. (Bucharest Stock Exchange, BVB.RO) on Monday evening informed investors that its Board of Governors decided to extend the mandate of CEO Adrian Tanase in the meeting on November 19, 2021. The mandate was due to expire on January 23, 2022 and was extended until December 31. 2022. -
ZF English - 16:52 Nov 22, 2021
Electroglobal Cluj, a supplier of electrical solutions and equipment for industrial automation systems and lighting systems, will take over the operations of ES Elektro Romania, part of the Dutch group itsme, by the end of this year. -
ZF English - 16:41 Nov 22, 2021
Romania’s Finance Ministry reopened a bond issue due in October 2027 and raised RON700 million from banks on Monday (Nov 22), above the targeted level of RON500 million, at a yearly yield of 5.11%. -
ZF English - 16:23 Nov 22, 2021
French retailer Auchan continues its partnership with OMV Petrom and expands the network of MyAuchan stores in Petrom filling stations, which is set to reach 125 units until the end of 2021, as compared to 100 units in November. -
ZF English - 15:31 Nov 22, 2021
Romania is represented with 56 companies, fewer by two firms than in the previous year, in a ranking of 500 largest companies in Central and Eastern Europe (CEE) compiled by Coface rating agency based on 2020 financial data, placing the country fourth in the region. -
ZF English - 14:25 Nov 22, 2021
Ioan Maties, boasting a 25-year experience in the hospitality industry, was appointed to the position of general manager of JW Marriott Bucharest Grand Hotel, starting October 15, 2021. -
ZF English - 13:23 Nov 22, 2021
French hotel group Accor, one of the world’s largest players in the hospitality sector, is expanding its portfolio in the region by signing an agreement for the construction of the first hotel under the ibis Styles brand in Chisinau, the Republic of Moldova. -
ZF English - 11:24 Nov 22, 2021
Social Progress Index On Quality Of Life & Social Wellbeing: Romania Remains Last Among EU Countries
Romania ranks 44th out of 168 countries, climbing one spot in the global ranking, but continues to be surpassed by all the other EU member states, according to the 2021 Social Progress Index (SPI), which analyses the quality of life and social wellbeing and is conducted by the non-profit organization Social Progress Imperative with the support of Deloitte. -
ZF English - 10:49 Nov 22, 2021
The shares of One United Properties (ONE.RO) and Transport Trade Services (TTS.RO) will be included in FTSE Russell indices for Emerging Markets, FTSE Global All Cap and FTSE Global Micro Cap, respectively, starting December 20, 2021. -
ZF English - 10:37 Nov 22, 2021
PwC Romania's mergers and acquisitions (M&A) team brokered the transaction through which IT company Arobs Transilvania Software recently acquired local software developer Berg Computers and assisted the seller throughout the process.
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