Romania Feed
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ZF English - 06:30 Sep 16, 2022
Iulian Nedea, CEO of Simtel, a Romanian engineering and tech company listed on the AeRO market of the Bucharest Stock Exchange, says the company plans to expand to a west European country and enter the respective market either by setting up a local firm, or by taking over a market player. -
ZF English - 06:21 Sep 16, 2022
Turkish group Memorial Hospital mulls entering Romania via the acquisition of some already operational hospitals, according to industry sources. -
ZF English - 19:10 Sep 15, 2022
Nuclear power producer Nuclearelectrica (SNN.RO) on Thursday (Sept 15) announced its shareholders that it placed two term deposits in the total amount of RON200 million with lenders Banca Romaneasca and CEC Bank, respectively. -
ZF English - 18:42 Sep 15, 2022
Booking Holdings, a global provider of online tourism services and related services, has officially opened the first Center of Excellence, in capital Bucharest, an investment estimated at EUR100 million over a five-year period that aims to create 500 jobs. -
ZF English - 18:26 Sep 15, 2022
Project company Hoopeks international got the technical connection permit for a 629 MW wind farm in Galati at the end of last month, public data from the national grid operator Transelectrica show. -
ZF English - 18:15 Sep 15, 2022
Libris.ro, one of Romania’s largest online bookstores, is taking steps towards the renewable energy generation with the installation of 835 solar panels on the rooftop of its book warehouse in Brasov (central Romana) -
ZF English - 17:34 Sep 15, 2022
Investment fund The European Fund for Southeast Europe (EFSE) has extended the EUR8 million credit line granted to Libra Internet Bank. -
ZF English - 17:25 Sep 15, 2022
Azomureş, the only producer of agricultural fertilizers in Romania, on Thursday (Sept 15) said it would adopt a new set of measures to reduce activities on the production platform for the coming months, amid the energy crisis at the European level. -
ZF English - 17:06 Sep 15, 2022
Foreign tourists spent a total RON168.8 million in July-August 2022 in Romania, compared to RON155.2 million in the same period of 2021, Global Payments, the world’s largest provider of payment services and technology, said in an analysis regarding the amounts of money traded by card in Romania in the two summer months. -
ZF English - 16:28 Sep 15, 2022
Insulation materials manufacturer Knauf Insulation, part of Germany’s Knauf Group, has started the production of mineral wool at its factory in Tarnaveni (Mures County) after completing the first phase of the retrofitting and modernization process of the existing production line. -
ZF English - 15:44 Sep 15, 2022
Romanians spent 7.7% more on fast moving consumer goods (FMCG) in the first half compared with the year-ago period, but the increase was solely because of inflation, data of the GfK Consumer Panels & Services, a survey looking into the consumer spending patterns of 6,000 households, shows. -
ZF English - 13:28 Sep 15, 2022
Romanian courier company Cargus conducted an extensive study on the interest of consumers in online shopping and their preferences regarding delivery methods, between August and September 2022. -
ZF English - 13:04 Sep 15, 2022
Logistics and courier services company UPS has appointed Daniela Constantinescu to the position of Country Manager for its subsidiaries in Hungary, Greece, Romania and Slovenia (HUGRROSI). -
ZF English - 12:55 Sep 15, 2022
ING Bank, the fourth largest bank in Romania by assets, posted RON535 million net profit in the first half, an increase of 39% on the year-ago period. -
ZF English - 11:18 Sep 15, 2022
Sport Guru, a retailer and distributor of sporting goods, had total sales of RON21.9 million in the first half of 2022, up 32% on the year, and a net profit of RON750,000. -
ZF English - 10:12 Sep 15, 2022
Romania places 28th in a ranking of the 34 most attractive countries in Europe, the Middle East and Africa (EMEA) for private companies, according to PwC. -
ZF English - 07:52 Sep 15, 2022
Stay Fit Gym, Romania’s second largest gym chain by the number of opened centers, controlled by investment fund Morphosis Capital, has completely taken over two fitness centers in Sibiu and Galati. -
ZF English - 07:13 Sep 15, 2022
Romanian startup easySales, which set up an automated B2B management and e-commerce platform, has integrated into its own platform the courier services of Packeta Romania, a global digital platform for e-commerce, as part of its expansion strategy. -
ZF English - 07:06 Sep 15, 2022
Belor Romania, part of Germany’s Belor Eurofert GmbH, for 2021 reported turnover worth RON405.9 million (EUR82.5 million), up 83% on the year. It returned into the black, with a net gain of RON19.8 million (EUR4 million), from losses of RON7.7 million (EUR1.6 million) in 2020. -
ZF English - 06:49 Sep 15, 2022
Quadra Invest, an upholstered furniture producer of Targoviste, Dambovita county, owned by Gijsbert Huijink, an entrepreneur with 20 years of experience in Romanian business, exports 95% of production.