Romania Feed
-
ZF English - 07:59 Mar 13, 2023
Licurici Impex, a FMCG wholesaler of Onesti, Bacau county, for 2023 expects turnover worth around RON540 million (EUR109.5 million), 10.6% higher than in 2022, in line with ZF calculations based on company data. -
ZF English - 07:52 Mar 13, 2023
Valentin Stefan, general manager of Posta Romana, Romania’s state-owned postal operator, the country’s biggest employer, wants to tap into the local courier services market. -
ZF English - 07:43 Mar 13, 2023
Healthcare network Regina Maria, a major player on the private healthcare market, has bought Nativia clinic, founded in 2020 by gynecologist Gheorghe Peltecu. -
ZF English - 20:46 Mar 10, 2023
The Board of Directors of Banca Transilvania (TLV.RO), the largest lender in Romania, has called shareholders on April 26, when they are to vote on the 2023 spending and revenue budget, as well as on a share capital increase, according to a document sent to the Bucharest Stock Exchange. -
ZF English - 19:41 Mar 10, 2023
OTP Bank Romania posted after tax profit of RON34.6 million in 2022, an decline of 40% on 2021, the group report published in Budapest shows. The report presents the consolidated results, in line with the group’s standards. -
ZF English - 13:34 Mar 10, 2023
Bulgaria’s Eurohold Group has recently consolidated the financial position of insurer Euroins Romania, which now has a solvency capital requirement (SCR) ratio of 160% and a minimum capital requirement (MCR) ratio of 300%, its officials said. -
ZF English - 09:23 Mar 10, 2023
Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, continued to slide and ended the March 6-10 week at 6.91%, from 6.93% on Thursday. -
ZF English - 08:49 Mar 10, 2023
Net investments carried out in the Romanian economy totaled RON150098.8 million in 2022, up 8.5% against 2021, in line with data the country’s statistics board INS published on Friday. -
ZF English - 07:49 Mar 10, 2023
Ness Proiect Europe, a construction firm owned by Mihai Florian Vaida, hit EUR75 million turnover in 2022, after an increase of around 65% from 2021, and targets 15% growth in 2023. -
ZF English - 07:40 Mar 10, 2023
Medical equipment provider Sofmedica, part of the group of the same name present in Greece, Hungary, Bulgaria and Cyprus, ended 2022 with EUR35 million and for 2023 estimates 20% growth in Romania. -
ZF English - 22:00 Mar 09, 2023
Slatina-based electrical and fiber optic cable manufacturer Prysmian, part of the Italian Prysmian group, has received EUR7.53 million in state aid under the HG322/2017 scheme to finance a EUR12.55 million project. Prysmian wants to develop an IT center of excellence in Slatina and will create 120 jobs there. -
ZF English - 22:00 Mar 09, 2023
Retailer Mega Image, held by Belgian-Dutch group Ahold Delhaize, ended last year with a network of 956 supermarkets and convenience stores, 36 more than it had at the end of 2021. -
ZF English - 18:14 Mar 09, 2023
The three pharmaceutical companies listed on the Bucharest Stock Exchange - Zentiva, Antibiotice and Biofarm - reported double-digit revenue growth in 2022 compared to 2021, as per company data. -
ZF English - 17:31 Mar 09, 2023
Romania's Finance Ministry raised RON589.2 million on Thursday (March 9) selling bonds maturing in April 2031, at an annual average yield of 7.59%. -
ZF English - 17:09 Mar 09, 2023
Flip Technologies, a marketplace for the purchase and sale of refurbished mobile telephones, ended 2022 with a turnover of EUR36 million, three times higher than EUR13 million in 2021. -
ZF English - 17:08 Mar 09, 2023
The mergers and acquisitions market in Romania, in terms of deals signed and concluded, reached EUR5.4 billion in 2022, higher than the pre-pandemic level of EUR5.2 billion of 2019, as a result of the over EUR1 billion Neptun Deep deal, a PwC Romania report shows. -
ZF English - 16:50 Mar 09, 2023
Low-cost carrier Wizz Air announced on Thursday that it would operate a new route from Iasi, a major city in eastern Romania, to Germany's capital Berlin. -
ZF English - 16:25 Mar 09, 2023
Luxury jewelry chain TEILOR has opened its fourth store in Bulgaria, in the city of Plovdiv, after three other stores previously opened in the capital city of Sofia. -
ZF English - 14:43 Mar 09, 2023
Sphera Franchise Group, the holding that owns the company that operates in a franchise system the KFC brand on the local market, is expanding its restaurant network and by inaugurating the first units in gas stations through a partnership with Rompetrol. -
ZF English - 14:05 Mar 09, 2023
Technology startup investment platform SeedBlink is launching the Secondary Market through which individual investors in technology startups can have faster access to liquidity, an otherwise illiquid asset class.