Romania Feed
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ZF English - 07:41 Sep 03, 2021
Romania’s National Strategy and Prognosis Commission said in its summer forecast that it expects the country’s unemployment rate to reach 4.8% in 2021, lower by 0.2 percentage points than the level reported in 2020, and to reach 4% in 2022. -
ZF English - 17:48 Sep 02, 2021
Old three-room apartment prices in Bucharest continued to increase in August, reaching more than EUR101,000, a decade high, which had not been reached since the first half of 2009. -
ZF English - 16:41 Sep 02, 2021
Regional investment fund SIF Banat-Crisana (SIF1.RO), is calling shareholders for a meeting to approve a buyback program for 880,000 shares at most, at a minimum price of RON0.1 and a maximum price of RON6.104. The shares repurchased will be given for free to management members to ensure their loyalty. -
ZF English - 14:10 Sep 02, 2021
Appraisal & Valuation, a company offering appraisal, consulting and real estate development, well known on the market for NAI Romania brand, marked its debut on Thursday (September 2), on the AeRO market of the Bucharest Stock Exchange, under the ticker symbol APP. -
ZF English - 13:48 Sep 02, 2021
Germany’s Bosch has inaugurated the third production hall at its automotive electronic components factory in Cluj, and the total investment in the new unit reaches approximately EUR55 million. -
ZF English - 12:59 Sep 02, 2021
Romania's finance ministry on Thursday raised 400 million lei (EUR80.9 million), selling bonds maturing in June 2026 at an average yield of 3.51%, central bank data showed. -
ZF English - 12:37 Sep 02, 2021
Coffee shop chain Ted’s Coffee, owned by Romanian entrepreneur Vasi Andreica, will be opening three new coffee shops, in capital city Bucharest, in September 2021. -
ZF English - 12:04 Sep 02, 2021
Bucharest Stock Exchange (BVB) President, Radu Hanga, on Thursday said the local stock market operator notified the country’s Financial Supervisory Authority (ASF) regarding the creation of an index for the AeRO market, which is expected to be launched over the next 30 days. -
ZF English - 11:34 Sep 02, 2021
French fintech iBanFirst, which operates an online platform enabling companies to conduct fast transactions in over 30 currencies, is expanding into Central and Eastern Europe (CEE), by opening its first office in the region, in Romania’s capital city of Bucharest. -
ZF English - 11:14 Sep 02, 2021
The Romanian leu plunged to a new all-time low against the euro on Thursday (September 2), as the central bank average reference rate stood at 4.9386 lei to the European currency. -
ZF English - 11:03 Sep 02, 2021
Steel mill Liberty Galati (former Sidex Galati) had a turnover of RON4.15 billion in the first half of 2021, per calculations by Ziarul Financiar (ZF) based on company data, compared with a turnover of RON4.7 billion for full-year 2020. -
ZF English - 09:34 Sep 02, 2021
Industrial production prices for the domestic and non-domestic markets grew by 2.3% in July 2021 versus June 2021 and by nearly 14% in July 2021 versus July 2020, data from Romania’s statistics board INS showed Thursday. -
ZF English - 08:21 Sep 02, 2021
New car registrations in Romania grew by 7.5% on the year, to a total 79,320 units, in January-August 2021, data from the association of automotive manufacturers in Romania (ACAROM) showed Thursday. -
ZF English - 08:07 Sep 02, 2021
DIY retailer Dedeman, the largest entrepreneurial business in Romania, controlled by brothers Adrian and Dragos Paval, is due to open this week its 56th store, in Blejoi, Prahova County. -
ZF English - 07:57 Sep 02, 2021
All large banks in Romania reported higher profits for 1H/2020 against the same period in 2020 amid weakening pandemic fallout and declining risk and provision costs, but also in the wake of rising lending and revenues. -
ZF English - 07:23 Sep 02, 2021
Serban Radu, co-founder of bookstore chain Carturesti, says online sales increased significantly last year amid the closure of physical bookstores amid the pandemic, but their reopening was not accompanied by a decline in online revenues. -
ZF English - 07:04 Sep 02, 2021
Revenues generated by the company managing Bucharest Intercontinental hotel dropped by 16% in the first half of this year, to just RON8.4 million. -
ZF English - 06:48 Sep 02, 2021
ProdLacta, a major player on Romania’s dairy market, in the first six months of this year generated net profit worth RON441,000, down 49.5% from the first half of 2020, according with ZF calculations based on the half-year report the company filed with the BSE. -
ZF English - 06:36 Sep 02, 2021
Bacau-based Simba Invest, a major consumer goods distributor in Romania, in 2020 generated turnover worth around RON495.9 million (EUR102.9 million), up 10% from the previous year, in line with ZF calculations based on Finance Ministry data. -
ZF English - 05:00 Sep 02, 2021
Gameloft Romania, a videogame developer and publisher established more than a decade ago, saw its revenue increase by about 3% last year, when people had to spend more time in their homes to avoid getting Covid-19. The revenue therefore stood at more than EUR22.7 million in 2020.