Romania Feed
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ZF English - 07:57 Sep 08, 2021
Romania’s construction sector reached a value of RON127.9 billion in 2020, in the wake of an annual increase of around 17%, according to ZF calculations based on Trade Registry data. -
ZF English - 07:44 Sep 08, 2021
Uniqa insurer is likely to see the volume of gross underwritten premiums on the retail segment rise by 10-15% this year, above the 8-10% increase the market may register at the end of 2021, according to Paul Cazacu, Uniqa Asigurari CEO. -
ZF English - 07:39 Sep 08, 2021
International rating agency Fitch has warned the collapse of Romania’s coalition government could disrupt fiscal consolidation efforts, which are key to resolving the Negative Outlook on Romania’s ‘BBB-’ rating. -
ZF English - 07:27 Sep 08, 2021
Cristian Gavan, founder and majority stakeholder in MAM Bricolaj, a supplier of materials and furniture accessories, says he expects the fourth store of the network to be opened in October, two months later than scheduled, and is looking for spaces in Iasi and Cluj for new locations next year. -
ZF English - 07:06 Sep 08, 2021
Prahova-based roofing systems maker Novatik reached RON27.5 million revenues in the first eight months of 2021, up 52% from the year-earlier period, with a sales peak in summer months and a record June in the company’s history. -
ZF English - 06:54 Sep 08, 2021
Private healthcare provider Monza ended 2020 with turnover worth almost RON200 million, up 13% year-on-year. The growth Italy’s Monza group registered in Romania was organic, brought by the high number of patients, says Luca Militello, the group’s CEO. -
ZF English - 14:22 Sep 07, 2021
Real estate consulting firm CBRE Romania has assisted Romanian companies Element Industrial and Paval Holding throughout the sale of their first logistics park, the ELI Park 1 industrial park, developed in northern Bucharest, in the Chitila-Buftea area. -
ZF English - 14:00 Sep 07, 2021
PwC Romania on Tuesday announced that ten directors would be promoted within the company’s three service lines: Tax and Legal Consulting, Assurance and Advisory, starting October 1, 2021. -
ZF English - 13:34 Sep 07, 2021
French technology company Lectra, with revenue of EUR236 million, said it reached an agreement to acquire Romanian company Gemeni CAD Systems, within a transaction that may reach EUR13-EUR20 million, depending on the fulfilment of certain growth targets. -
ZF English - 13:21 Sep 07, 2021
CEO: Medicover Romania Set To Invest EUR4M In Imaging Centers In Iasi, Constanta, Craiova, Bucharest
Swedish-held Medicover, the third largest private medical service provider in Romania, targets investments of EUR4 million in imaging centers in four large Romanian cities - Iasi, Constanta, Craiova and capital city Bucharest, respectively. -
ZF English - 12:50 Sep 07, 2021
Lender Banca Transilvania (TLV.RO) said in a stock market report Tuesday that it entered into an agreement with Raiffeisen Centrobank AG for the provision of the Issuer Market Maker (IMM) services on the spot regulated market administered by the Bucharest Stock Exchange. -
ZF English - 12:19 Sep 07, 2021
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei, grew to 1.61% a year on Tuesday (Sept 7), after stagnating at the psychological threshold of 1.60% for 11 sessions. -
ZF English - 12:00 Sep 07, 2021
The Romanian leu dropped to a new all-time low against the euro on Tuesday (September 7), as the central bank average reference rate stood at 4.9488 lei to the European currency. -
ZF English - 10:52 Sep 07, 2021
Capital city Bucharest, the largest and most developed urban center in Romania, contributes 50% to the business of Cora store chain in Romania, namely, the hypermarket business considering that only in 2021 Cora launched, in Bucharest too, the first proximity stores. -
ZF English - 09:40 Sep 07, 2021
Romanian poultry producer Avicola Slobozia (AVSL.RO), majority owned by Dumitru Stanoiu (81.8%), ended the first half of 2021 with a turnover of RON36.8 million, up 14% on the year, and a loss of RON5.8 million, 20-fold higher than RON290,000 in the first half of 2020, per data from its half-year financial report. -
ZF English - 09:22 Sep 07, 2021
Lending broker Kiwi Finance expects to broker up to RON1.5 billion worth of loans until the end of 2021, along with a 30%-35% increase in customer numbers, compared with 2020, according to Anca Bidian, CEO of Kiwi Finance. -
ZF English - 09:03 Sep 07, 2021
Romanian consumers took out more than RON2.87 billion new consumer loans in July 2021, the highest monthly volume in 14 years and 37.3% higher on the year-ago month. -
ZF English - 08:58 Sep 07, 2021
Enel X Romania, part of Enel X, the advanced energy services division of Italy’s Enel Group, is building a solar power plant with a total installed capacity of nearly 1 MWp, for car parts manufacturer Compa Sibiu (CMP.RO). -
ZF English - 08:37 Sep 07, 2021
BMW’s EUR1 billion investment in a plant in Debrecen, Hungary, will attract new investments in automotive component manufacturing in Romania, as well. The first two such investments went to plants in Arad and Oradea, which Global Vision built for two suppliers. -
ZF English - 08:37 Sep 07, 2021
Andrei Frunza, former CEO of ride-sharing platform Free Now, has officially taken over as Chief Executive Officer (CEO) of job recruitment platform Bestjobs, starting September 1, 2021, the company said in a stock market report.