ZF English
Source:
http://www.zfenglish.com
Found 19438 news
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ZF English - 10:24 Mar 02, 2021
Regional investment fund SIF Moldova (SIF2.RO) has received the approval of Romania’s Financial Supervisory Authority (ASF) to change its name to Evergent Investments, a measure proposed and approved by the company’s shareholders in the autumn of 2020. -
ZF English - 10:05 Mar 02, 2021
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei, continues the accelerated growth of the last days, reaching 1.68% a year on Tuesday (March 2). -
ZF English - 08:45 Mar 02, 2021
Packaging manufacturer Promateris (PPL.RO), formerly known as Prodplast and held by businessman Florin Pogonaru, ended 2020 with consolidated sales of RON116.1 million, up 39% from 2019, an evolution largely influenced by the production of biodegradable and compostable packaging. -
ZF English - 08:30 Mar 02, 2021
The first signs of a rebound in tourism industry will show this year, says Calin Ile, chairman of the hotel industry in Romania FIHR and he expects the sector to recover 25% of last year’s decline. Even though the rebound will not be complete but gradual, the signs are good. -
ZF English - 08:25 Mar 02, 2021
Corrugated cardboard and toilet paper producer Vrancart Adjud (VNC.RO), owned by SIF Banat-Crisana and Paval Holding, ended 2020 with a net profit of RON18.4 million, down 44.5% from 2019, and revenue of RON285.6 million, down 5% on the year, per calculations by Ziarul Financiar based on the company’s annual preliminary financial report. -
ZF English - 07:48 Mar 02, 2021
Agroland Timisoara (AG.RO), the Romanian company with the largest network of agricultural stores in Romania, was listed on the Bucharest Stock Exchange (BVB) on March 1, 2021 and closed at RON21.2 per share after its first trading session. -
ZF English - 16:57 Mar 01, 2021
Bittnet Systems (BNET.RO), a group of IT companies, listed on the Main Market of the Bucharest Stock Exchange, on Monday announced the signing of an M&A investment agreement with the shareholders of Servodata (a company operating in the Czech IT&C industry). -
ZF English - 16:39 Mar 01, 2021
Romanian cybersecurity company SafeTech Innovations (SAFE.RO) reported consolidated revenue of RON14.7 million for 2020, up 43% versus 2019, and a net profit of RON3.1 million, up 148% on the year. -
ZF English - 15:38 Mar 01, 2021
Shareholders of real estate developer Practic Bucuresti (PRBU.RO), held by Radu Dimofte, have approved the company’s income and expense budget for 2021 and envisages a turnover of RON35.4 million and a net profit of RON23 million. -
ZF English - 14:25 Mar 01, 2021
ELKO Romania, the local division of Latvian distributor of IT and consumer electronics products, has rented 1,800 square meters within logistics park CTPark Bucharest, operated by CTP, the largest long-term developer and manager of premium industrial and logistics parks in Romania and Central and Eastern Europe. -
ZF English - 13:54 Mar 01, 2021
Cocor Bucuresti (COCR.RO), which owns the Cocor shopping center in downtown Bucharest, ended 2020 with a net profit of RON1.4 million, down 74% from 2019, and a turnover of RON10.4 million, down 26% on the year, per calculations by Ziarul Financiar based on the company’s preliminary financial report. -
ZF English - 13:38 Mar 01, 2021
New car registrations in Romania decreased by 21.94% on the year, to 6,897 units, in February 2021, data from the association of automotive manufacturers in Romania (ACAROM) and from the vehicle registration department (DRPCIV) showed Monday. -
ZF English - 13:13 Mar 01, 2021
The Board of Directors of state-owned energy utility group Electrica (EL.RO), the largest players in the energy services sector, approved on February 26 the consolidated investment plant (CAPEX) of the Group for 2021, in the amount of RON712.4 million, per a stock market report. -
ZF English - 12:52 Mar 01, 2021
Vacuum cleaner manufacturer Electroarges (ELGS.RO) in Curtea de Arges ended 2020 with a net loss of RON13.7 million, from a net profit of RON2 million in 2019, and revenue from contracts of RON245.4 million, up 27.5% on the year, per calculations by Ziarul Financiar based on data from the company’s preliminary financial report. -
ZF English - 12:04 Mar 01, 2021
Romania's foreign exchange reserves fell to EUR35.139 billion at the end of February from EUR37.454 billion at the end of January, central bank data showed Monday. -
ZF English - 10:24 Mar 01, 2021
Revolut, the financial app with over 15 million users worldwide, has been granted a banking license in Romania, which means customer deposits of up to EUR100,000 are now guaranteed under the European deposit guarantee scheme. -
ZF English - 10:04 Mar 01, 2021
US-held Bucharest Properties REIT, a real estate developer specializing in rental apartments in Bucharest, has completed the second stage of the Vitan Estates residential project, following an investment of EUR10 million. -
ZF English - 09:45 Mar 01, 2021
Bittnet (BNET.RO), a group of IT companies, listed on the Main Market of the Bucharest Stock Exchange, reported RON108.6 million consolidated revenues in 2020 and an operating profit of RON4.3 million, five times higher compared with 2019. -
ZF English - 09:10 Mar 01, 2021
Patria Bank (PBK.RO), held by private equity fund Emerging Europe Accession Fund (EEAF), reported a net profit of RON2.8 million for 2020, down 48% compared with 2019. -
ZF English - 08:54 Mar 01, 2021
Holde Agri Invest (HAI.RO), a Romanian company operating farmland, on Monday reported consolidated revenue of RON46.8 million and a net profit of RON5.3 million for 2020.
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