Romania Feed
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ZF English - 09:05 Feb 13, 2023
Romanian executive Mihai Cioltea (44), who was in charge with Inditex, Zara owner, expansion in Romania, Kazakhstan and Russia for eight years, has been recently appointed as development manager at NEOM, a real estate project of Saudi Arabia that envisages the construction of several smart cities in the desert. -
ZF English - 07:59 Feb 13, 2023
The average net salary in Romania increased by 6.2% (RON257) in nominal terms in December 2022 compared with November 2022, to RON4.398, data from the country's statistics board INS showed on Monday, February 13. -
ZF English - 07:44 Feb 13, 2023
The expansion of Robert Bosch engineering center, boosting energy efficiency at Cluj-Napoca Municipal Hospital, a sports hall in Turda, a polyvalent hall in Blaj and Targoviste municipal stadium are just some of the projects ACI Cluj, a builder with RON250 million turnover is developing. -
ZF English - 07:37 Feb 13, 2023
Underline Ventures, the newest investment fund in Romania that supports tech startup development, plans to keep up the pace of 2022 this year and fund 4-5 tech companies with a total of EUR2-2.5 million. -
ZF English - 14:07 Feb 10, 2023
UrsPack, a manufacturer of biodegradable packaging for the hotel, restaurant and catering industry, has invested in process automation and expects revenue to double in 2023 from the around EUR3 million last year. -
ZF English - 12:50 Feb 10, 2023
The number of construction projects increased by 20% to 29,719 in 2022, after two pandemic years with restrictions and significant changes in geopolitical tensions, IBC Focus says. -
ZF English - 09:52 Feb 10, 2023
Modern industrial and logistic space stock at end-2022 reached almost 6.2 million square meters, up by over 500,000 square meters from 2021, and there’s further significant room for growth as compared to other CEE countries, Colliers consultants believe. -
ZF English - 08:29 Feb 10, 2023
BVB Group, which includes the Bucharest Stock Exchange, the Central Depositary and CCP.RO, in 2022 posted RON56 million operating revenues, 22% higher than in 2021, on the rising revenues on all segments of activity. -
ZF English - 07:49 Feb 10, 2023
German-held Hays Technology Solutions, specialized in tech solutions developments, has opened its second office in Romania: a research-development center in Timisoara, where it plans to hire over 70 IT specialists. -
ZF English - 07:41 Feb 10, 2023
Metal tile roofing producer Blachotrapez, owned by the Polish group of the same name, last year opened a new plant in Baia Mare. The unit was built with state aid. -
ZF English - 07:31 Feb 10, 2023
Bucharest’s Royal Hospital, founded by gynecologist doctor Ioan Stoian, ended 2022 with EUR5 million turnover and for in 2023 aims for 15-20% growth. -
ZF English - 19:33 Feb 09, 2023
Dacia registrations rose strongly in January in its main markets as the plant also ramped up production in the final quarter of 2022. -
ZF English - 18:59 Feb 09, 2023
Agroserv Mariuta (MILK.RO), the company behind the Laptaria cu Caimac brand, has convened shareholders on March 15, 2023 to propose a capital increase of up to RON500,000 through one or more share issues over a period of three years, according to the notice sent to the Bucharest Stock Exchange. -
ZF English - 18:02 Feb 09, 2023
German-held discount retailer Lidl Romania inaugurated at end-2022 its sixth regional headquarters which also hosts a logistics warehouse covering a total built area of over 56,000 square meters. -
ZF English - 17:33 Feb 09, 2023
Grup Serban Holding (GSH.RO), a Romanian entrepreneurial company active in several fields in agriculture, said in a stock market report on Thursday (Feb 9) that it concluded a letter of intent for the entire acquisition of a company located in Vaslui County. -
ZF English - 17:27 Feb 09, 2023
Neakaisa.ro, an online store specializing in the sale of bathroom sanitary ware, recorded EUR5.7 million sales last year, 20% more than in 2021, amid higher demand for medium and high-quality products, therefore with higher prices. -
ZF English - 15:13 Feb 09, 2023
In 2022, Raiffeisen Bank granted a total 2,333 loans within the IMM INVEST programs for more than 2,000 customers operating in various fields of activity, with an approved value of EUR592 million. -
ZF English - 14:22 Feb 09, 2023
Romania's central bank has decided at its board meeting on Thursday (February 9), its second monetary policy meeting of 2023, to keep its benchmark interest rate on hold at 7% a year. -
ZF English - 12:40 Feb 09, 2023
Startup firm TOKHIT based in Cluj-Napoca, which developed a social network application based on Gaming, A.I. and Blockchain, has attracted financing worth $100 million from an international investment fund, company representatives said in a press statement. -
ZF English - 11:53 Feb 09, 2023
The members of the Association of Romanian Brewers re-elected Dan Robinson, Managing Director of Heineken Romania, to the position of President, starting with January 2023.