Romania Feed
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ZF English - 08:29 Oct 09, 2023
Law firm Filip & Company assisted growth investment fund Agista in its acquisition of an over 30% stake in medical clinic network Centrokinetic, specializing in orthopedics, neurology and medical recovery. -
ZF English - 07:16 Oct 09, 2023
Metal roofing tile producer Blachotrapez, owned by the Polish group of the same name, in 2022 generated turnover worth RON134.7 million (EUR27.3 million), up 22.8% from 2021, in line with ZF calculations based on Finance Ministry data. -
ZF English - 07:08 Oct 09, 2023
Construction company Viarom Construct, owned by Marius Daniel Badina, for 2022 reported turnover worth RON210 million (EUR42.6 million), up 12% from 2021, in line with ZF calculations based on Finance Ministry data. -
ZF English - 07:03 Oct 09, 2023
Europack Media, a company of Constanta that manufactures baby wet wipes, founded by local entrepreneurs, ended the first nine months of 2023 with 25% higher turnover and expects the same advance, or even 30%, for next year as well. -
ZF English - 06:33 Oct 09, 2023
Anglo-Dutch group Unilever has announced it will close, by end-2024, the powder detergent plant of Ploiesti, where it manufactured Romanian brand Dero, with the activity set to be relocated. -
ZF English - 06:22 Oct 09, 2023
PKO Bank Polski, Poland’s largest state-owned bank, with assets accounting for almost 70% of the Romanian banking system, has announced it is set to start operations in Romania in early 2024. -
ZF English - 22:04 Oct 06, 2023
Promateris (PPL.RO), a Romanian industrial group and the main producer of biodegradable packaging in Central and Eastern Europe (CEE), has announced in a stock market report on Oct 6 the finalization of the Green Energy project for the manufacturing of bio-based packaging. -
ZF English - 21:16 Oct 06, 2023
Holcim Romania, the largest building materials manufacturer in Romania by turnover, has invested over EUR25 million to increase by 20% the production capacity of the cement plant in Campulung. -
ZF English - 20:58 Oct 06, 2023
Sphere Franchise Group, which holds the franchise for the KFC, Pizza Hut and Taco Bell in Romani, as well as the KFC units in Italy and the Republic of Moldova, has announced in a stock market report on October 6 the opening of a new KFC restaurant in Craiova, within the Promenada Mall, starting with October 5, 2023. -
ZF English - 20:06 Oct 06, 2023
Medical imaging clinic network Medima Health has opened a new clinic in the town of Bacau, in the wake of a EUR1.6 million investment, which takes the network to 14 operational clinics on the local market. -
ZF English - 18:53 Oct 06, 2023
The seven private pension funds operating on the mandatory segment in Romania (Pillar II) reported assets of RON114.6 billion for August 2023, as per data released by Romania’s Financial Supervisory Authority, or ASF. -
ZF English - 14:40 Oct 06, 2023
Czech real estate developer CTP has signed a contract with Raben Logistics Romania, a unit of the Dutch logistics group Raben, for the lease of 1,300 square meters of warehousing space. -
ZF English - 06:37 Oct 06, 2023
Mineral water producer Apemin ZIZIN, owned by Lazar family of Brasov, for 2022 reported turnover worth RON97 million (EUR19.6 million), up 26.4% from the previous year, in line with ZF calculations based on Finance Ministry data. -
ZF English - 06:31 Oct 06, 2023
Harbor operator Comvex Constanta will invest in the building of new silos in a bid to boost warehousing capacity, currently standing at 200,000 tons, by 20%, according to the company’s representatives. -
ZF English - 06:20 Oct 06, 2023
Killer, a meat producer of Suceava that owns both production and a store network, has invested around EUR780,000 in solar panels, which cover a third of the plant’s energy consumption. -
ZF English - 06:07 Oct 06, 2023
Polish fashion retailer Answear.com is likely to open physical stores in Romania as well, after the group in early 2023 acquired brands PRM and Sneakerstudio in Poland, brands which have also come with physical stores, explained Raluca Radu, Answear Romania country manager. -
ZF English - 23:43 Oct 05, 2023
Insurance company Groupama Asigurari remains the leader of Romania's overall insurance market, with a yet significant surge in gross written premiums, of 27.8%, in the first half of 2023, up to RON1.99 billion, compared with the same period of 2022. -
ZF English - 22:38 Oct 05, 2023
The Romanian insurance market reached a volume of gross written premiums of RON9.1 billion in the first half of 2023, an increase of almost 4% compared with the same period of 2022, the country's Financial Supervisory Authority, or ASF, said in its latest report on the performance of the insurance market in the first six months of 2023. -
ZF English - 22:03 Oct 05, 2023
The combined turnover of the firms holding the top ten spots in the National Ranking of Companies compiled by the Chamber of Commerce and Industry of Romania (CCIR) reached EUR279 billion in 2022, up 32% year-over-year (YoY), and the operating profit totaled EUR27 billion, up 38% year-over-year. -
ZF English - 19:52 Oct 05, 2023
Pharmaceutical producer Biofarm Bucuresti (BIO.RO) has informed the local capital market in a report about the decisions taken at the Extraordinary General Meeting of Shareholders of October 5, among which the approval of the sale of a property held by the company in capital Bucharest, for the amount of EUR5 million.