Romania Feed
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ZF English - 09:16 Sep 10, 2021
Greek OTE Group announced that it finalized the acquisition of a 30% ownership stake in Telekom Romania Mobile Communications (TKRM), the former mobile telephony provider Cosmote Romania. -
ZF English - 07:59 Sep 10, 2021
In 2020, Romania’s tractor fleet was made up of 232,654 physical units, higher by 5% from 2019 and by 12% from five years ago, in line with ZF calculations based on data from the country's statistics institute INS. -
ZF English - 07:48 Sep 10, 2021
Net investments in the Romanian economy grew 10.6% in the first half of 2021 compared with the same period in 2020, to RON48.513 billion, data from the country's statistics board showed Friday. -
ZF English - 07:42 Sep 10, 2021
US giant Whirlpool, a major player on the global electrical home appliances market, does not plan to open a plant in Romania, where it holds only import and distribution operations, but bets on a sales increase. -
ZF English - 07:38 Sep 10, 2021
The average net salary in Romania inched up 0.1% in nominal terms in July 2021 compared with June 2021, to 3,545 lei (around EUR716), data from the country's statistics board showed Friday. -
ZF English - 07:25 Sep 10, 2021
Parcel delivery platform Coletaria.ro, part of Czech group Packeta, wants to reach a network of around 600 pick-up points in Romania by yearend, from over 300 at present as the e-commerce boom will make Romanians resort more frequently to such parcel delivery options, explained Alekandr Jeleascov, Coletaria.ro CEO. -
ZF English - 07:06 Sep 10, 2021
Romania's annual inflation rate kept its upward trend in August 2021, growing to 5.3%, higher than 5% in July 2021 and 3.94% in June 2021, data from the country's statistics board showed Friday. -
ZF English - 07:04 Sep 10, 2021
German-held cement producer HeidelbergCement, owning three plants in Romania, registered slightly lower revenues in the first half of 2021 against the same period of 2020 from sales of cement, concrete and aggregates, shows the group’s latest financial report. -
ZF English - 06:49 Sep 10, 2021
Maribo Prodcarn, producer of cold cuts Marisan, owned by Anghel family, doubled its profit in 2020, to over RON1.7 million (EUR365,000) from a net gain of over RON798,000 (EUR168,000) in 2019, in line with public data. -
ZF English - 05:00 Sep 10, 2021
Bucharest Stock Exchange (BVB.RO) notified investors on Thursday that following the quarterly Index Committee meeting on September 9, 2021, a decision was made to modify the structure of the main index, BET and of the dividend index BET-TR by including Transport Trade Services (TTS.RO) and One United Properties (ONE.RO). -
ZF English - 05:00 Sep 10, 2021
Romania imported 65 million liters of beer in 2020, 30% more than in 2019. Exports rose by 8% to 53 million liters. -
ZF English - 05:00 Sep 10, 2021
Tea producer Kalpo SRL in Buzau ended 2020 with almost RON10 million revenue, an increase of 11% year-on-year, Finance Ministry data show. -
ZF English - 14:05 Sep 09, 2021
Airline Blue Air on Thursday received the fourth Boeing 737-8 MAX aircraft of its fleet, after welcoming the third Boeing 737-8 MAX aircraft a week ago. -
ZF English - 13:18 Sep 09, 2021
Romania's finance ministry on Thursday raised 500 million lei (EUR101 million), higher by RON200 million than its target, selling bonds maturing in November 2024 at an average yield of 3.34%, central bank data showed. -
ZF English - 13:03 Sep 09, 2021
Dutch investor I3CP wants to continue talks to buy insurer City Insurance, says its representative Matt Fairfield, even though Romania’s financial regulator ASF announced it had not provided the necessary capital to meet minimum requirements by 12 p.m. on September 6. -
ZF English - 12:53 Sep 09, 2021
Romania manufactured 286,038 vehicles in the first eight months of 2021, data from the country's carmakers association ACAROM showed Thursday. -
ZF English - 12:44 Sep 09, 2021
Co-working space V7 Studio, opened by entrepreneurs Andrei Cretu and Iulian Carciumaru, back in October 2018, in capital Bucharest, was acquired by two former residents and relocated to a building near Bucharest’s Piata Romana Square. -
ZF English - 11:45 Sep 09, 2021
Agricultural company Agroland Agribusiness (AAB.RO), part of Agroland Group, listed its first bond issue, worth RON10 million, on the Multilateral Trading System (MTS) of the Bucharest Stock Exchange, under the ticker symbol AAB26, on Thursday (Sept 9). -
ZF English - 11:14 Sep 09, 2021
Romanian coffee shop chain 5 to Go is acquiring local coffee shop chain Take Five Coffee based in south-eastern city of Constanta. -
ZF English - 09:44 Sep 09, 2021
Green Group, a group of firms active in the recycling sector and majority owned by investment fund Abris Capital Partners, has announced an investment of EUR12 million to install a production line for r-PET (Recyclable Polyethylene Terephthalate) granules in Slovakia, with a capacity of 8,000 tons per year.