Romania Feed
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ZF English - 09:55 Jul 17, 2023
Infinity Capital Investments, the former SIF Moldova, has informed the local capital market about the sale of the 19.83% stake in the share capital of IAMU Blaj, a company that specializes in the manufacturing of machines and machine tools for metal processing. -
ZF English - 09:10 Jul 17, 2023
IFC, the World Bank’s investment arm, is providing EUR100 million to Banca Transilvania, Romania’s largest bank, as part of a EUR200 million subordinated debt financing package alongside the Asian Infrastructure Investment Bank (AIIB). -
ZF English - 05:59 Jul 17, 2023
The local subsidiary of Swedish company Ericsson, a major global supplier of equipment, software and services for telecom operators, in 2022 registered RON32 million net profit, up 48% from 2021 amid 12% higher turnover, at RON962.6 million. -
ZF English - 05:47 Jul 17, 2023
Medical lab network Synlab, present on the Romanian market since 2005, saw turnover go down 12% in 2022 to RON61 million. -
ZF English - 05:40 Jul 17, 2023
2022 soaring prices, from energy to food and from travels to transport, slashed Romanians’ purchasing power, but not companies’ gains. And this during a period when talk about greedflation is heating up. -
ZF English - 19:57 Jul 14, 2023
Romania's new industrial orders in manufacturing, for the total (on the domestic and external markets) saw an increase of 14.1%, in nominal terms, in May 2023 compared to April 2023, and of 5.7% compared to May 2022, data from the country's statistics board INS showed on Friday (July 14). -
ZF English - 19:45 Jul 14, 2023
Romania’s industrial sales (on the domestic and external markets) increased by 17.6% in nominal terms in May 2023 compared to April 2023 and by 1.8% versus May 2022, data from the country’s statistical office INS showed on Friday (July 14). -
ZF English - 19:12 Jul 14, 2023
Private health operator MedLife (M.RO) has announced in a stock market report on Friday (July 14) that Mihail Marcu, shareholder, Chief Executive Officer (CEO) and Chairman of the Board of Directors, sold a package of 311,100 company shares, at the price of RON19 per unit. -
ZF English - 18:45 Jul 14, 2023
Hotel company Aro-Palace (ARO.RO) on Friday informed its shareholders and interested people via a stock market report that it was signed the sale-purchase contract for the Coroana-Postavarul Hotel in Brasov (central Romania) with the company Elevate Properties SRL, for the amount of EUR9.4 million. -
ZF English - 17:34 Jul 14, 2023
tbi bank continues to diversify the network of partners with the signing of an agreement with ReGeneration Academy, one of the best-known personal counseling clinics in Romania, whereby it offers Romanians the possibility of paying for psychotherapy sessions in installments. -
ZF English - 16:58 Jul 14, 2023
Fondul Proprietatea (FP.RO) should pay RON8.06 billion or almost 80% of the proceeds from its exit from Hidroelectrica (H2O.RO) as dividends to more than 19,000 shareholders this fall. This is the highest cash distribution in the history of the Bucharest Stock Exchange. -
ZF English - 15:01 Jul 14, 2023
Romania's current account balance posted a deficit of EUR8.27 billion in January-May 2023, lower by EUR1.66 billion (-16.7%) than the EUR9.93 billion level reported in the same period of 2022, central bank data showed on Friday (July 14, 2023), as cited by Ziarul Financiar (ZF) daily. -
ZF English - 11:46 Jul 14, 2023
Danube freight transporter Transport Trade Services (TTS.RO) has informed the local capital market in a stock market report released on Friday (July 24) about the start of the process for the integration of Decirom operations within TTS Group. -
ZF English - 11:33 Jul 14, 2023
Swiss cement producer Holcim, active on the local market with two factories, has appointed Claudiu Anghel to the role of director of its production facility in Campulung, starting May 2023. -
ZF English - 09:20 Jul 14, 2023
The American Chamber of Commerce in Romania (AmCham Romania) calls on decision-makers to pursue transparency and a long-term vision in defining the measures to reduce the budget deficit. -
ZF English - 07:34 Jul 14, 2023
AROBS Transilvania Software, the biggest tech company listed on the Bucharest Stock Exchange, announces it has finalized the operation of share capital reduction to RON87.1 million, with the capital being divided into 871,293,609 shares. -
ZF English - 06:15 Jul 14, 2023
Germany’s Rehau Group, a provider of solutions for windows, building and furniture and automotive, in 2022 posted turnover worth RON282 million, up 12% from 2021. The almost RON30 million profit was 36% above the 2021 one and the average number of employees neared 100. -
ZF English - 06:08 Jul 14, 2023
Hypermarket chain Kaufland, owned by German group Schwarz, has budgeted at least ten new stores for the 2023-2024 financial year (starting on March 1 and ending on February 28 next year) after having opened 16 units in the previous financial year in one of the best paces since it entered the market in 2005. -
ZF English - 05:59 Jul 14, 2023
Sentosa Impex, a paint manufacturer of Salaj county owned by Boca family, saw its turnover go up by only RON1 million in 2022, to RON76 million, while profit dropped by 4%. -
ZF English - 05:43 Jul 14, 2023
Life Dental Spa, a business started in 2008, plans to open three new dental clinics in 2023, with Timisoara among targeted cities.