Romania Feed
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ZF English - 11:18 Sep 19, 2022
The volume of Romanian construction works increased, in unadjusted data, by 6.8%, in July 2022 as compared to July 2021, and by 8.2% when adjusted to the number of working days and to seasonality, data from the country’s statistics board INS showed Monday (Sept 19). -
ZF English - 10:35 Sep 19, 2022
ALTEN Romania, the local subsidiary of French multinational technology consulting and engineering company Alten, on Monday announced the appointment of Roxana Piciorea to the position of Business Unit Director. -
ZF English - 09:25 Sep 19, 2022
OMV Petrom, the largest integrated energy company in South-Eastern Europe, has installed photovoltaic panels in 110 OMV and Petrom filling stations in Romania and almost EUR3 million were invested in this project so far. -
ZF English - 09:11 Sep 19, 2022
More than 1 million transactions were carried out on the regulated market of the Bucharest Stock Exchange (BVB) between January and August 2022, 42% more than 715,000 transactions performed between January and August 2021. -
ZF English - 07:56 Sep 19, 2022
One United Properties shares were upgraded on September 19 within the FTSE Global Equity Index Series for Emerging Europe, moving from the small cap to mid-cap category. -
ZF English - 07:31 Sep 19, 2022
Rondocarton, part of Austria’s Rondo Ganahl, one of the largest corrugated cardboard producers, which operates three packaging plants in Romania, saw its turnover post two-digit growth in the first half of this year, but production and profit margins were flat, at the 2021 level. -
ZF English - 07:23 Sep 19, 2022
The team behind private equity fund Morphosis Capital is readying to launch the second fund under this name, toward the end of 2023, and its size is likely to top the EUR50 million of the first fund, explained Andrei Gemeneanu, co-founder and managing partner at Morphosis Capital. -
ZF English - 07:08 Sep 19, 2022
The plan to manufacture 1 million Dacia cars per annum has not been abandoned by Renault, meaning that in the coming period the Mioveni plant will take up again the idea of expanding production capacity from 350,000 to over 400,000 units. -
ZF English - 06:55 Sep 19, 2022
Astra Vagoane Calatori, a major player on Romania’s rolling stock market, controlled by Valer Blidar, will deliver the seventh tram for Bucharest and is set to reach 17 trams overall by yearend. -
ZF English - 06:49 Sep 19, 2022
Bistrita-based building materials maker TeraPlast, controlled by businessman Dorel Goia, is no longer investing in a real estate project it had planned to develop in Bistrita because of recent years’ spikes in prices of construction materials and energy. -
ZF English - 18:00 Sep 16, 2022
Port operator Comvex Constanta (CMVX.RO increased its revenue from RON72 million in the first half of 2021 to about RON151 million in the first half of 2022, while net profit climbed from RON12 million to about RON52 million, according to data reported Friday evening after the close of the Bucharest Stock Exchange. -
ZF English - 17:33 Sep 16, 2022
Automobile Bavaria, the importer of the German BMW group, which owns the customer center and the first Rolls-Royce authorized service center in Romania, will remodel this area to meet the new Rolls-Royce standards. -
ZF English - 16:42 Sep 16, 2022
2B Intelligent Soft (Bento), a Romanian entrepreneurial company specializing in the development and implementation of software solutions and the provision of IT infrastructure and Cloud services, ended the first half of the year with RON11.8 million revenue, flat on the year-ago period, and a net profit of RON2.5 million, up 27%. -
ZF English - 12:31 Sep 16, 2022
Global investment firm Actis, based in London, has entered Romania’s renewable energy market by buying the majority stake (51%) in the 450 MW wind farm project Vis Viva in Buzau County. -
ZF English - 08:56 Sep 16, 2022
Santierul Naval 2 Mai SA, owned by the Romanian state and which controls together with Netherland’s Damen Shipyard the Mangalia shipyard, in the first six months of this year reached turnover worth RON1.3 million, 25% below the year-earlier level, and RON129,000 losses, down from RON324,000 in 1H/2021. -
ZF English - 08:26 Sep 16, 2022
More than 630,000 foreign tourists visited Romania in the first half of 2022. They spent over RON1.6 billion, meaning more than RON2,600 per person. -
ZF English - 07:45 Sep 16, 2022
Romania’s unemployment rate stood at 5.3% in the second quarter of 2022, down 0.7% from 1Q/2022, in line with data from the country’s statistics board INS. -
ZF English - 06:55 Sep 16, 2022
Poland’s brand Zelmer, recently taken over by a Spanish group, is set to enter directly on Romania’s market. -
ZF English - 06:45 Sep 16, 2022
Andi Dragus in 2005 opened Dr. Dragus stomatology clinic, in Bucharest, and is now expanding, planning to add a new unit in early 2023. -
ZF English - 06:37 Sep 16, 2022
Doctor Denisa Zaharia, founder of Bucharest’s stomatology clinic Perfect Dent, forecasts 30% growth for 2022, which would take the company’s turnover to around EUR900,000, in line with ZF calculations.