Romania Feed
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ZF English - 08:28 Mar 14, 2023
British software company is cementing its foothold in Romania and opening a new office in Craiova, on an around 500-sqm area. -
ZF English - 08:16 Mar 14, 2023
Valcea-based building materials wholesaler and producer Damila, controlled by entrepreneur Remus Daniel Nitu, reached EUR130 million turnover in 2022. -
ZF English - 08:03 Mar 14, 2023
Terapia Cluj, a local pharmaceutical producer held by India’s Sun Pharma, wants to expand its warehousing area and has a EUR3 million budget to this end. -
ZF English - 07:51 Mar 14, 2023
Car parts producer Hella Romania, the local subsidiary of German concern Hella, is investing EUR20 million in the new unit of Ghiroda, Timisoara, an investment due to be tripled for the acquisition of production equipment, states Zoltan Cservid, project leader PLx at Hella Factory Timisoara. -
ZF English - 21:34 Mar 13, 2023
Banks in Romania granted more than RON3.3 billion worth of new loans in lei to companies in January 2023, an increase of 17.9% on December 2022 and on the year-ago month. -
ZF English - 20:53 Mar 13, 2023
Through the seven Pillar II mandatory private pension funds, to which they contribute 3.75% of their gross monthly income, several million Romanian employees have come to own 20% in Transgaz (TGN.RO), the company that operates the country’s natural gas transmission system, ZF has calculated from the latest Pillar II reports. -
ZF English - 20:35 Mar 13, 2023
International freight forwarding and logistics group International Alexander, based in Arad, ended 2022 with a turnover of EUR280 million and expects to maintain it in 2023, according to company officials. -
ZF English - 20:15 Mar 13, 2023
Road freight transport company Sorcani, based in Sibiu, ended 2022 with RON77.5 million (EUR16 million) revenue, an increase from the RON55 million of 2021, its officials said. -
ZF English - 20:14 Mar 13, 2023
The Brasov City Hall has accessed a European project worth over RON25 million (EUR5 million), within the National Recovery and Resilience Plan, targeting the construction of 60 housing units for youths, which will use energy exclusively from renewable sources (photovoltaic panels and heat pumps). -
ZF English - 19:44 Mar 13, 2023
Cigarette wholesaler Punctual Comimpex, based in Cluj-Napoca, estimates this year’s revenue to reach RON1 billion (approximately EUR200 million), an increase of more than 9% on 2022, ZF has calculated from the data the company supplied. -
ZF English - 19:30 Mar 13, 2023
Romania's Finance Ministry raised RON623 million on Monday (March 13) selling bonds maturing in 2027, at an annual average yield of 7.26%. -
ZF English - 19:21 Mar 13, 2023
The JD Agro Cocora Group, owned by Danish investors through Romania Farm Invest A/S, has acquired an agricultural farm of approximately 1,370 hectares in Constanta County, in a transaction worth EUR10 million. -
ZF English - 19:02 Mar 13, 2023
Net Communications Systems, an IT company established in 2022, the first pandemic year, ended 2022 with a turnover of EUR1.2 million, up over 70% from 2021, and for end-2023 it targets a 30% increase in turnover up to EUR1.56 million, company officials said in a statement. -
ZF English - 18:48 Mar 13, 2023
R Systems Europe Ends 2022 With EUR22.79M Turnover, Up 33% YoY; Targets 70-80 New Experts In Romania
R Systems Europe, a global company specialized in digital transformation services and present across over 15 countries, had a turnover of EUR22.79 million at end-2022, up 33% versus 2021, as per a statement released by company representatives. -
ZF English - 16:32 Mar 13, 2023
Private consumption in Romania expressed through the volume of retail sales grew almost 6% in January 2023 compared to January 2022, which translates into a significant acceleration versus a 3.6% increase in December 2022, in line with data from the country's statistics board INS. -
ZF English - 12:38 Mar 13, 2023
Romania's trade balance posted a deficit of EUR2.33 billion in January 2023, higher by EUR20.3 billion (+9.5%) compared with January 2022, data from the country's statistics board INS showed on Monday (March 13). -
ZF English - 11:10 Mar 13, 2023
Romania's annual inflation rate edged up to 15.5% in February 2023 after slowing down to 15.1% in January 2023, data from the country's statistics board INS showed on Monday (March 13). -
ZF English - 08:31 Mar 13, 2023
One United Properties, the leading green investor and developer of residential, mixed-use and commercial real estate in Bucharest, Romania, has concluded a EUR20 million financing agreement with Banca Transilvania, over a period of up to 42 months. -
ZF English - 08:21 Mar 13, 2023
Chiajna-based Omnia Plast, controlled by Italy’s Sunino Spa group, which produces winter sports equipment, toys and other plastic items in three local plants, ended 2022 with EUR60 million turnover, from EUR54 million in 2021. -
ZF English - 08:13 Mar 13, 2023
Beverage wholesaler Amigo & Intercost of Odorheiu Secuiesc, Harghita county, announced it reached over 1,000 employees at group level and, depending on expansion, recruiting will continue in 2023.