Romania Feed
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ZF English - 11:47 Sep 06, 2021
Enel Green Power, the renewables division of Enel Group, has signed an agreement with the Renewables & Storage Development (RSD) Division of Greece’s Mytilineos for the acquisition of two solar power plants, with a total capacity of approximately 90 MW. -
ZF English - 11:29 Sep 06, 2021
Early-stage venture capital firm Early Game Ventures (EGV) has signed an agreement for a financing round of EUR200,000 for the speech recognition startup Vatis Tech. The investment will go towards product development, EGV officials said. -
ZF English - 10:28 Sep 06, 2021
Euroins Romania, part of Bulgaria’s Eurohold group, reported 7% higher underwritten premiums in the first half of 2021, up to over RON720 million (289 million levs). -
ZF English - 10:03 Sep 06, 2021
Real estate consultant Colliers has appointed Victor Cosconel, the former CEO of Sodexo Bulgaria, Head of Industrial & Business Development, as of September, the company said. -
ZF English - 09:36 Sep 06, 2021
Bucharest-based pharmaceutical company Slavia Pharm posted a slight increase in revenue, 3%, to RON38.8 million in 2020, Finance Ministry data show. -
ZF English - 09:02 Sep 06, 2021
Cefin Trucks, importer and distributor of Ford Trucks in Romania, on Monday said it sold a total 2,000 trucks between May 2017 and July 2021, worth a total, EUR160 million, per calculations by ZF. -
ZF English - 08:59 Sep 06, 2021
Time International, which had production facilities in Alexandria, Teleorman County in southern Romania, has switched to masks from textile production, the industry it started in 27 years ago. -
ZF English - 08:44 Sep 06, 2021
Romanian company THR Marea Neagra (EFO.RO), which manages several accommodation units in seaside resorts of Eforie Nord, Eforie Sud, Venus, Saturn and Neptun, on Monday said its revenue plunged 70% on the year to RON6.3 million in the first half of 2021, per its first-half financial report. -
ZF English - 08:11 Sep 06, 2021
Sales of retailer Kingfisher in Romania, where it owns do-it-yourself (DIY) Brico Dépôt stores, grew by 12.3% on the year in the second quarter of 2021, and by 27.4% on the year in the first quarter of 2021, per the latest financial report. -
ZF English - 07:34 Sep 06, 2021
South Africa's real estate investment trust Fortress has acquired logistics park ELI Park 1, developed by Element Industrial and do-it-yourself (DIY) retailer Dedeman. -
ZF English - 12:55 Sep 03, 2021
Roxana Maria Hidan, Deputy Chief Executive Officer of OTP Bank Romania, is taking over as head of the bank’s new Business Division, which includes the operating activities for private individual and legal entity clients, including microenterprises, small and medium-sized enterprises (SMEs) and corporations. -
ZF English - 11:55 Sep 03, 2021
The Romanian leu dropped to a new all-time low against the euro on Friday (September 3), as the central bank average reference rate stood at 4.9416 lei to the European currency. -
ZF English - 11:33 Sep 03, 2021
“All my career I’ve worked in oil and gas sector only. All over the world. One of the key aspects in this industry is that one works with governments,” Christina Verchere, chief executive officer of OMV Petrom (SNP.RO), said on Friday. -
ZF English - 10:21 Sep 03, 2021
Jogger is the newest model in the range of local carmaker Automobile Dacia and will be the first hybrid of Dacia cars rang. -
ZF English - 09:23 Sep 03, 2021
OMV Petrom’s (SNP.RO) capitalization has increased by more than 15 times in the two decades since its listing on the Bucharest Stock Exchange and reached RON25 billion on Friday, while its shares gave investors an about 6% yield on average. -
ZF English - 09:17 Sep 03, 2021
A total 50,046 private individuals in Romania had more than EUR100,000 in bank deposits at the end of the first half of 2021, with a combined value of RON52.8 billion (some EUR10.8 billion), per statistical data from Romania’s Bank Deposit Guarantee Fund (FGDB). -
ZF English - 08:55 Sep 03, 2021
The retail market recorded limited deliveries in the first half of 2021, as many projects were postponed during the pandemic and the price of construction materials rose a lot. About 60% of the 120,000 square meters of new retail space under construction were in small structures, in retail parks, a Colliers report shows. -
ZF English - 08:53 Sep 03, 2021
Romania recorded the tenth lowest youth unemployment rate among Member States of the European Union, in 2020, data from Eurostat, the statistical office of the European Union, showed Friday. -
ZF English - 08:20 Sep 03, 2021
Regional investment fund SIF Banat-Crisana (SIF1.RO) has lowered its holding in Evergent Investments (EVER.RO) by selling some packages of shares worth nearly RON42 million, in the second quarter of 2021 (namely, in April, May and June), per data aggregated by Ziarul Financiar (ZF) from the company’s half-year financial report. -
ZF English - 07:54 Sep 03, 2021
Retail sales in Romania, excluding vehicle sales, grew by 12.5% in the first seven months of the year on the year-ago period, and 7.6% in July on the year-ago month, National Statistics Institute data show.