ZF English
Source:
http://www.zfenglish.com
Found 17477 news
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ZF English - 09:30 Nov 24, 2020
Romania’s Fiscal Council says the macroeconomic scenario revised by the government, which envisages an economic contraction of 4.2% in 2020 and, despite being more adequate than the previous one forecasting a 3.8% decline of the real GDP, seems more optimistic relative to the evolution of the economy and the COVID-19 pandemic. -
ZF English - 08:48 Nov 24, 2020
The Romanian Government has approved the third budget revision of 2020, which is built on an economic contraction of 4.2% and a nominal gross domestic product (GDP) of RON1,050 billion. -
ZF English - 08:21 Nov 24, 2020
Software services and solutions provider NTT Data Romania (formerly EBS Romania), part of the Japanese group by the same name, is looking for technology specialists to fill its more than 75 open positions. -
ZF English - 07:59 Nov 24, 2020
The number of new two and three-room apartments delivered doubled in 2007-2019. Whereas 20,751 such apartments were delivered in 2007, the total number stood at 40,730 in 2019, according to the National Statistics Institute data centralized by Business Magazin. -
ZF English - 07:32 Nov 24, 2020
Meat processor Industrializrea Carnii (Kosarom), part of the Kosarom group, posted 165.1 million lei (EUR34.8 million) revenue in 2019, an increase of more than 11% on the previous year, ZF has calculated from Finance Ministry data. -
ZF English - 14:09 Nov 23, 2020
The European Commission said Monday it has approved, under EU State aid rules, a RON21.3 million (approximately EUR4.4 million) Romanian aid scheme to compensate Romanian regional airport operators for the damage suffered due to the coronavirus outbreak. -
ZF English - 14:01 Nov 23, 2020
Romania's finance ministry on Monday raised 461 million lei (EUR94.6 million), versus its RON300 million target, selling bonds maturing in September 2031 at an average yield of 3.42%, central bank data showed. -
ZF English - 12:47 Nov 23, 2020
Car parts manufacturer Compa Sibiu (CMP.RO) on Monday reported a consolidated net profit of RON85,880 for January-September 2020, down 99.7% on the year, and a turnover of RON372.9 million, down 37.2% on the year, per Ziarul Financiar calculations based on the company’s quarterly report. -
ZF English - 11:58 Nov 23, 2020
Austrian insurance group Uniqa, which owns general insurance company Uniqa Asigurari and life insurance company Uniqa Asigurari de Viata in Romania, on Monday reported gross underwritings of EUR70.2 million in January-September 2020, under IFRS standards, lower by 4% than the level reported in the year-earlier period. -
ZF English - 11:35 Nov 23, 2020
Romanian state-owned lender CEC Bank reported a net profit of RON274.2 million for the first nine months of 2020, while its assets grew 14% since the beginning of the year, to RON37.5 billion. -
ZF English - 11:17 Nov 23, 2020
Austrotherm Romania, the local division of Austria’s Schmid Industrie Holding which produces polystyrene for constructions, has received state aid for a EUR3 million project aimed at expanding one of its three factories on the local market.
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ZF English - 10:53 Nov 23, 2020
Acronis, a global leader in cyber protection, is entering the Romanian market by opening a research and development (R&D) center within the Orhideea Towers office building developed by CA Immo in the central-western part of capital Bucharest. -
ZF English - 10:47 Nov 23, 2020
Italian cosmetics brand PUPA Milano is opening three new stores in the AFI Palace Cotroceni shopping center in Bucharest, AFI Palace Ploiesti and AFI Palace Brasov, following a lease agreement intermediated by the real estate consulting company Cushman & Wakefield Echinox. -
ZF English - 10:31 Nov 23, 2020
Alro Group (ALR.RO), one of the largest vertically integrated aluminium producers in Europe, measured by production capacity, extended until 2023, two syndicated credit facilities in the total amount of USD$150 million, under the coordination of EximBank. -
ZF English - 10:14 Nov 23, 2020
An integrated team of consultants specialized in transactions of PwC Romania and D&B David and Baias, the law firm affiliated to PwC in Romania, has provided assistance to dental clinic chain Dr. Leahu within the transaction whereby private equity fund Morphosis Capital Fund I had acquired a minority stake from company owner, Dr. Ionut Leahu. -
ZF English - 09:06 Nov 23, 2020
Some 100 deals, worth nearly EUR3 billion, have been concluded on the Romanian mergers and acquisitions (M&A) market in 2020, per Ziarul Financiar’s calculations and estimations based on market data. -
ZF English - 08:35 Nov 23, 2020
Winemaker Purcari Wineries (WINE.RO) said it a stock market announcement that it had entered into a Market Maker agreement with BRK Financial Group (BRK.RO) for Market Maker services on the regulated spot market administered by the Bucharest Stock Exchange (BVB). -
ZF English - 08:19 Nov 23, 2020
Analysts polled by CFA Romania estimate the Romanian leu will depreciate to an average of 5.0102 to the euro in the next 12 months, while inflation is expected to average 2.68%. -
ZF English - 07:53 Nov 23, 2020
Poland’s fashion group LPP, which has the Reserved, Cropp, House, Mohito and Sinsay brands, has 66 stores in Romania out of the almost 1,800 physical stores in 25 countries of the 38 it operates in. -
ZF English - 07:37 Nov 23, 2020
Banks operating in Romania had 3,879 branches and offices, while the number of employees went down to 52,757 in the first nine months, Romania’s central bank data show.
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