ZF English
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http://www.zfenglish.com
Found 15884 news
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ZF English - 13:54 Jul 30, 2024
Banca Transilvania (TLV.RO), the largest lender in Romania by assets, notified the Bucharest Stock Exchange of having signed the papers to complete the acquisition of OTP Bank Romania in its entirety from OTP Bank Nyrt and Merkantil Bank Zrt on July 30. -
ZF English - 13:47 Jul 30, 2024
Local startup QOOBISS, a fintech company focused on process automation and specializing in the development of remote identity verification solutions using video means, is investing half a million euros in 2024 in Origin, a global platform for the complete digitalization of interraction with clients. -
ZF English - 13:30 Jul 30, 2024
InterCapital Asset Management, Croatia’s biggest independent investment manager and the manager of InterCapital BET-TRN UCITS EFT, the newest ETF tradeable at the Bucharest Stock Exchange, announced the value of assets managed by the fund has topped EUR15 million. -
ZF English - 13:17 Jul 30, 2024
Investment fund Innova Capital has sold Optical Investment Group, a leading retail of optical eyecare and eyewear products in Romania, which includes retail operations (OptiBlu and Optiplaza stores) and wholesale ones, to one of the world’s largest players on the optical market, giant EssilorLuxottica. -
ZF English - 11:59 Jul 30, 2024
The National Railway Supervision Council (NRSC), part of Romania's Competition Council, has fined Grup Feroviar Roman (GFR) a total of RON3.49 million for failing to comply with the measures imposed by the national regulatory body and to allow all railway transport operators access to the service infrastructures it operates at CF Palas station in the Constanta Port area. -
ZF English - 11:21 Jul 30, 2024
Romania's Competition Council has approved the transaction whereby Cyprus' Premier Energy PLC, through Premier Renewable Invest Co S.R.L., intends to acquire Eolica Dobrogea One S.A. -
ZF English - 10:34 Jul 30, 2024
Despite technology transforming consumers’ retail experience, allowing them to seamlessly shop between online, social media, in-app and in-game, 32% of consumers still crave the personal service that only in-store shopping can provide, according to the latest release of data from the EY Future Consumer Index (FCI) – which surveyed more than 23,000 consumers across 30 countries. -
ZF English - 10:27 Jul 30, 2024
Bucharest Stock Exchange (BVB) has launched a new index, Bucharest Exchange Trading Energy, Utilities and Financials (BET-EF), dedicated to the best represented sectors in the capital market, energy, utilities and financial ones, except for investment funds. -
ZF English - 07:36 Jul 30, 2024
Raiffeisen Bank Romania, the sixth largest bank by assets, ended the first half of 2024 with RON820 million net profit, down 6.17% from the year-earlier period. -
ZF English - 06:52 Jul 30, 2024
Supply crunches and the desire of no longer depending on suppliers have pushed several Romanian builders to invest in their own building materials plants. -
ZF English - 06:42 Jul 30, 2024
Aircraft parts manufacturer Sonaca Aerospace Transilvania, the local subsidiary of Belgian group Sonaca, for 2023 reported turnover worth RON62.3 million (EUR12.6 million), up 4.6% from 2022, in line with ZF calculations based on Finance Ministry data. -
ZF English - 06:31 Jul 30, 2024
Private school Mark Twain International School will in 2024 start building a Flagship Campus in the area of Balotesti, which will be able to accommodate between 800 and 1,000 students. This is due to be opened in September 2026. The school will also start building the new Cosmopolis Campus this year, in the area of Stefanestii de Jos, able to accommodate between 600 and 800 students and scheduled for opening in September 2025. -
ZF English - 04:00 Jul 30, 2024
Olint Com, based in Radauti, Suceava County, which operates in production, trade and distribution of building and interior design materials and is owned by entrepreneur Georgeta Cusiac, posted RON130.7 million (EUR26.4 million) revenue in 2023, close to the 2022 level, Finance Ministry data show. -
ZF English - 21:00 Jul 29, 2024
Italy’s Manni Group, which owns insulating panel maker Isopan in Romania, has signed a joint venture agreement with Marcegaglia Steel for the insulating panel and sectional door panel making divisions to create a new entity set to become the second leading insulating panel manufacturer in Europe, with customers in more than 70 countries throughout the world. -
ZF English - 21:00 Jul 29, 2024
The management of real estate developer One Untied Properties (ONE.RO) on Monday notified the Bucharest Stock Exchange about the conclusion of an addendum for the increase of a credit facility contracted for One Cotroceni Park Office S.R.L (OCO1) and One Cotroceni Park Office Faza 2 S.R.L (OCO2) on July 2023, 2021. -
ZF English - 14:17 Jul 29, 2024
Romania's Finance Ministry raised RON713 million from banks on Monday (July 29), after reopening a discounted Treasury certificate issue due in June 2025, instead of the scheduled RON500 million, at an annual average yield of 5.85%. -
ZF English - 14:09 Jul 29, 2024
Economic analysts expect the inflation rate to go down over the next 12 months to reach an average of 4.6% in June 2025 and see the leu depreciating against the euro to RON5.0722//EUR in mid next year, a survey by CFA Romania association shows. -
ZF English - 13:37 Jul 29, 2024
Brewers of Romania Association announces the appointment of Constantin Bratu as general manager of the organization as of August 1. He succeeds Julia Leferman, who held this position from 2017 and who will make the transition to a new role, that of secretary general of The Brewers of Europe, an organization that represents more than 10,000 brewers across Europe. -
ZF English - 11:41 Jul 29, 2024
AZT Viitorul Tau, the second largest Pillar II private pension fund in Romania after NN Pensii, has bought into Arobs Transilvania Software (AROBS.RO), Bucharest Stock Exchange data show. -
ZF English - 10:51 Jul 29, 2024
Romanians’ financial wealth will expand by 9% on average per annum in the next five years, 1% above the average projected for Eastern Europe and 3% above the global growth pace, reveals the Global Wealth Report drawn up by management consulting firm Boston Consulting Group (BCG).
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