ZF English
Source:
http://www.zfenglish.com
Found 20085 news
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ZF English - 11:27 Oct 20, 2021
Startup Smart Fintech, launched two years ago by Mihaela Georgescu, Ana Maria Georgescu, Alexandru Cociu and Andrei Dumitru, marks a new premiere in Romania, becoming the first third-party provider (TPP) licensed on both open banking segments. -
ZF English - 10:08 Oct 20, 2021
Medical operator Medima Health, specialized in medical imaging and radiology, ends its first year of activity on the Romanian market with six operational clinics across the country, following investments of over EUR7 million. -
ZF English - 09:31 Oct 20, 2021
Nuclearelectrica (SNN.RO), the only nuclear energy producer in Romania, is the first Romanian company to join the World Economic Forum as a member in two strategic areas: Platform for Shaping the Future of Energy Materials and Infrastructure and the Partnering Against Corruption Initiative. -
ZF English - 09:06 Oct 20, 2021
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, continued its upward trend on Wednesday (October 20) and reached 2.25% a year, after stagnating at 1.20%-1.21% a year for five days, per central bank data. -
ZF English - 07:51 Oct 20, 2021
Craiova-based Softronic, Eastern Europe’s only factory producing electric frames and locomotives, delivered four electric locomotives to Sweden’s rail freight carrier Green Cargo and expects reception for two other electric locomotives in the same country, Radu Zlatian, the company’s development-research manager, told ZF. -
ZF English - 07:41 Oct 20, 2021
Agricultural cooperative Nucul de Aur, based in Suceava and made up of 20 fruit and vegetable producers of Suceava, Iasi, Botosani and Vaslui counties, has finalized RON5.8 million investments in a dehydrated fruit plant funded from EU funds and a banking loan. -
ZF English - 07:28 Oct 20, 2021
Parmalat Romania, the producer of Santal fruit beverages, part of French group Lactalis, in 2020 generated turnover worth RON51.4 million (EUR10.7 million), down 13% year-on-year, in line with ZF calculations based on Finance Ministry data. -
ZF English - 07:18 Oct 20, 2021
Bento-Intellectually Curious, a Romanian entrepreneurial company specialized in developing and implementing software solutions and providing IT and Cloud infrastructure services, intends to list its stock on the AeRo market of the Bucharest Stock Exchange by yearend. -
ZF English - 07:06 Oct 20, 2021
Online home deco retailer Bonami, part of Czech group Miton, in the first half of this year registered a 10% sales increase in Romania against the same period of 2020 and the company is now readying for the holiday period for which it expects sales of around EUR4 million. -
ZF English - 18:08 Oct 19, 2021
Parcel delivery company Cargus expects the revenue to be the same as last year, one of the best for the local parcel delivery industry. However, the coming period could have a significant impact on the final results, considering the busiest time of the year for such companies is just around the corner. -
ZF English - 17:13 Oct 19, 2021
The opening of more and more infrastructure construction sites has led to builders buying specialized trucks for them and the segment drove up the heavy vehicle market, especially after a 2020 that affected transport truck sales worldwide. -
ZF English - 15:46 Oct 19, 2021
The board of directors of chemical industry company Chimcomplex (CHOB.RO) has approved calling an Extraordinary General Meeting of Shareholders for November 26 to seek approval for raising the maximum share buyback price from RON15 to RON30, a report sent to the Bucharest Stock Exchange on Tuesday says. -
ZF English - 14:17 Oct 19, 2021
Synaptiq, a Romanian startup based in Cluj-Napoca that increases the performance of healthcare services by developing AI-based solutions for delineating tumors and organs at risk, closes a EUR250,000 funding round with the participation of investment fund GapMinder VC through business accelerator Techcelerator, Cleverage VC and angel investors – entrepreneurs Daniel and Ioan Istrate. -
ZF English - 13:53 Oct 19, 2021
ING Bank Romania granted a loan of EUR15.5 million to Romanian company Gersim Impex, a wholesaler of mobile phones and tablets in Romania, which will use the funds for working capital. -
ZF English - 11:50 Oct 19, 2021
Sarmis Capital, the largest private equity fund dedicated to Romania and neighboring countries, has acquired a significant majority stake in Corporate Office Solutions (COS), the leading integrated office fit-out services provider in Romania, for an undisclosed amount. -
ZF English - 07:34 Oct 19, 2021
TechAngels, the local group of private investors supporting tech startups in Romania and the region, invested over EUR5.8 million in the first nine months of this year in tech startups, with EUR2.8 million in 3Q. -
ZF English - 07:20 Oct 19, 2021
This year’s grape production is 10-15% higher than in 2020 and goes beyond 1 million tons, a record high quantity reached only in 2017 and 2018. -
ZF English - 07:08 Oct 19, 2021
The EUR245,000 investment roofing manufacturer Wetterbest made to install a photovoltaic station on the roof of its Baicoi plant was a profitable one for the Prahova-based company and it plans further sustainability investments. -
ZF English - 06:56 Oct 19, 2021
Retail and wholesale trade reached RON583 billion last year, down from RON595 billion in 2019, the last pre-pandemic year. Despite the health crisis turned into an economic crisis, 2020 was the second best year for the sector, with the overall turnover being double the 2009 level, the first year of the previous financial crisis, in line with Trade Registry data. -
ZF English - 05:00 Oct 19, 2021
Super Eggs (Braila), which is part of Italy’s Eurovo group and specializes in production and sale of fresh, powdered and pasteurized eggs, posted RON35.7 million (EUR7.4 million) revenue in 2020, a decline of 41.6% from the RON61.2 million (some EUR13 million), ZF has calculated from Finance Ministry data.
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