ZF English
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Found 18948 news
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ZF English - 10:48 Feb 16, 2021
Erste Group is revising its 2021 growth projection for Romania to 4.2% from 2.7% and ING Bank is revising its projection to 5.5% from 3.7%, citing high carryover effect from unexpected growth in the fourth quarter of 2020. -
ZF English - 09:54 Feb 16, 2021
One United Properties, a real estate developer held by Victor Capitanu and Andrei Diaconescu, has obtained financing of EUR50 million from the Black Sea Trade and Development Bank (BSTDB), which will be used to finalize the investment and refinance the previous construction costs of the One Tower office building. -
ZF English - 09:40 Feb 16, 2021
Romania's nuclear power producer Nuclearelectrica (SNN.RO) on Tuesday informed its shareholders and investors that it had placed with lender CEC BANK a deposit in the amount of RON80 million, maturing on February 15, 2022 and with an interest rate of 1.70% per year. -
ZF English - 09:28 Feb 16, 2021
Transport and logistics operator Maracana has rented 5,000 square meters of logistic space within the MLP Bucharest West logistics park developed in western Bucharest by Polish MLP Group. -
ZF English - 09:09 Feb 16, 2021
Romanians spent nearly EUR2.6 billion on vacations abroad in 2020, which is half the amount spent in 2019, according to central bank data. -
ZF English - 08:35 Feb 16, 2021
Biofarm Bucuresti (BIO.RO), one of the leading drugmakers in Romania, ended 2020 with a net profit of RON54.5 million, up 7.2% versus 2019, while income from sales grew 8% to RON218 million, the company said Tuesday in its annual financial report. -
ZF English - 08:19 Feb 16, 2021
Mandatory auto liability insurance (RCA) has recorded a significant increase in the past decade, as gross written premiums doubled, while comprehensive insurance (Casco) lagged behind with slower growth, some 26%, Financial Supervisory Authority (ASF) data show. -
ZF English - 08:03 Feb 16, 2021
Romania's gross domestic product (GDP) took an annual plunge of 3.9% in 2020, compared with 2019, which is better than previous forecasts, a flash estimate from the country’s statistics board INS showed Tuesday. -
ZF English - 08:01 Feb 16, 2021
Real estate developer Iulius Group of businessman Iulian Dascalu will allocate 25% of the 6,000 square meter retail space expansion of Palas Iasi to local entrepreneurs and producers. The company is investing EUR120 million to expand the retail area of the complex in Iasi. -
ZF English - 07:45 Feb 16, 2021
Construction sector had its second best year in a decade in 2020, despite the pandemic, National Statistics Institute data show. The volume of work increased by 15.9% year-on-year. The growth had been higher in 2019, by almost 28% on the previous year. -
ZF English - 13:17 Feb 15, 2021
Swedish-held private medical service provider Medicover, present in Romania through Medicover clinics and the Synevo laboratory division, on Monday reported consolidated revenues of EUR128 million in Romania for 2020, up 7.5% compared with 2019. -
ZF English - 13:08 Feb 15, 2021
Romania's finance ministry on Monday raised 1.2 billion lei (EUR246 million), double compared with its target, selling June 2026 bonds at an average yield of 2.3%, central bank data showed. -
ZF English - 13:01 Feb 15, 2021
Alfredo Seafood owners, the local Darmanescu family, have entered the controlled temperature logistics market with Frigonet Logistics in 2020, with an initial investment of EUR0.5 million. -
ZF English - 12:44 Feb 15, 2021
Chemical producer Chimcomplex Borzesti (CHOB.RO), which owns the Oltchim and Borzesti platforms, said Monday just 0.2% of new shares issued for a share capital increase were subscribed in the preemption period. -
ZF English - 12:33 Feb 15, 2021
Mobile game developer Firebyte Games on Monday closed a private placement of shares in a share capital hike, raising RON4.93 million, BRK Financial Group said in a market report. -
ZF English - 12:19 Feb 15, 2021
Shareholders of aluminum producer Alro Slatina (ALR.RO) onm Monday reconfirmed Genoveva Nastase in the position of company financial manager for a new four-year mandate, the company said in a market report. -
ZF English - 11:19 Feb 15, 2021
Business leaders worldwide expect a return to pre-pandemic levels of profitability in 2021 (23%) or 2022 (44%), marking improved sentiment compared with estimates in March 2020, an EY survey across 52 countries showed Monday. -
ZF English - 10:57 Feb 15, 2021
FAN Courier, the leading courier services company in Romania, said Monday its turnover grew 27% in 2020, topping the RON1 billion mark, as the ongoing pandemic boosted demand for delivery services. -
ZF English - 10:42 Feb 15, 2021
The seven private pension funds operating on the mandatory segment in Romania (Pillar II) had record assets of RON78.2 billion at the end of January, RON3 billion higher compared with the end of 2020, financial regulator data showed. -
ZF English - 10:28 Feb 15, 2021
Romanian construction material producer TeraPlast said Monday it will close the sale of its steel division to Kingspan Group on February 26 after clearing the last competition hurdle.
18948 items