Romania Feed
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ZF English - 07:32 Oct 03, 2022
Elefant group, which manages Elefant Online platform, in the first half of this year reported turnover worth RON95.3 million, down 11% from the year-earlier period, and RON12 million losses, amid clients’ shrinking purchasing power and changing consumption preferences, from the online segment to physical bookstores. -
ZF English - 07:17 Oct 03, 2022
OMV Petrom, the largest integrated energy company in Southeast Europe, will build, in partnership with Complexul Energetic Oltenia (CE Oltenia), four photovoltaic (PV) parks with a total power capacity of ~450 MW, with investments set to top EUR400 million. -
ZF English - 07:10 Oct 03, 2022
Poultry producer Safir Vaslui, controlled by entrepreneur Ghirghi Safir, returned to profit last year, with a net gain of RON8.6 million (EUR1.7 million), from losses of RON12.3 million (EUR2.5 million) in 2020. -
ZF English - 07:00 Oct 03, 2022
Freight forwarder Cargo Partner Expeditii, the local subsidiary of the Austrian group of the same name, targets EUR95 million turnover this year, from EUR79 million last year. -
ZF English - 06:53 Oct 03, 2022
Rail freight carrier LTE Rail Romania, part of Austria’s LTE Group, posted 28% higher turnover in the first half of this year, according to the company’s officials. -
ZF English - 18:17 Sep 30, 2022
Canned food manufacturer Prefera Food, owner of the "Unfished", "Capricii si Delicii" and "de Azi" brands, with bonds listed on the Stock Exchange, announced a net profit of RON27.6 million in the first half of 2022, up from a net loss of RON3.2 million last year. -
ZF English - 17:22 Sep 30, 2022
Shareholders of Libra Bank, a member of the American investment group New Century Holdings, approved the distribution of dividends amounting to RON50 million. -
ZF English - 17:20 Sep 30, 2022
Holde Agri Invest (HAI.RO), a Romanian agribusiness company, announced in a stock market report on Friday (Sept 30) that investment vehicle SevenX Ventures reached an ownership stake of 16.25%, from 12.11% previously, which means it bought an additional stake of 4.14% in Holde. -
ZF English - 17:05 Sep 30, 2022
Firebyte Games (FRB.RO), the first mobile game developer listed on the Bucharest Stock Exchange in spring 2021, ended the first half of 2022 with a net profit of RON1.4 million versus a loss of almost RON1.1 million in the same period in 2021, as per data from the company’s half-year financial report sent to the local stock market. -
ZF English - 16:49 Sep 30, 2022
Autonom Protect, the services division for the insurance market of the Autonom Group, has entered into a distribution partnership with Greek company Hellas Direct, which has recently announced entry into the Romanian market. -
ZF English - 16:42 Sep 30, 2022
Medical group Provita, which currently has a network of five clinics and a test lab in capital Bucharest, plans to expand outside of the capital by opening a clinic in Suceava (northeastern Romania).
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ZF English - 16:25 Sep 30, 2022
The European Commission (EC) sent letters of formal notice to Bulgaria, Ireland, Poland, and Romania for failing to notify their long-term national strategies under Regulation (EU) 2018/1999 on the governance of the energy union and climate action. -
ZF English - 15:45 Sep 30, 2022
BRD-SocGen, the third largest bank on the Romanian market by assets, said in a stock market report on Friday (Sept 30) that Maria Rousseva was appointed to the position of Deputy CEO Global Corporates and Etienne Jean Loulergue to the position of Deputy CEO Finance Treasury. -
ZF English - 15:33 Sep 30, 2022
Compania Hoteliera Intercontinental Romania (RCHI.RO), the company managing Grand Hotel Bucharest, ended the first half of 2022 with total revenue of RON12.5 million, up 48% on the year, and a net profit of RON309,366 vs losses of RON717,000 in the same period of 2021, as per its financial report sent to the Bucharest Stock Exchange. -
ZF English - 15:11 Sep 30, 2022
Blue Air Airline will not resume flights on October 10, either, as it had previously announced and its officials say it ‘will make an announcement promptly upon the finalization of ongoing discussions as to when it expects to have its fleet flying again.” -
ZF English - 14:55 Sep 30, 2022
The Filip & Company team is assisting residential developer Alesonor in partnering with Pescariu Sports & Spa to develop the sports center and leisure areas in the Amber Forest project. -
ZF English - 14:20 Sep 30, 2022
Dr. Fischer Dental (DENT.RO), leader on the Romanian dental equipment market, whose shares started trading on the Bucharest Stock Exchange in 2022, on Friday (Sept 30) announced in its financial report a net profit of RON190,080 for the first half of 2022, down 80% from RON924,215 from the same period of 2021. -
ZF English - 13:50 Sep 30, 2022
Pharmaceutical manufacturer Biofarm (BIO.RO) has reached total investments of over EUR44 million in its new plant inaugurated in capital Bucharest in 2021, which is the largest greenfield investment in the Romanian pharmaceuticals sector. -
ZF English - 13:37 Sep 30, 2022
Electrica Group said in a report intended for stock market investors that is in the process of evaluating the impact of the latest legislative and regulatory changes on the Group's performance and results. -
ZF English - 11:51 Sep 30, 2022
Romania attracted foreign direct investments (FDI) totaling EUR8.9 billion in 2021, with enterprises’ equity standing at EUR6.7 billion (equity capital worth EUR2.16 billion, plus reinvestment of earnings worth EUR4.58 billion), an analysis by the country’s central bank and the statistics board INS shows Friday (Sept 30).