Romania Feed
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ZF English - 17:55 Aug 02, 2021
Swedish-held fashion retailer H&M posted SEK 1.046 billion (EUR102 million) sales in Romania in the first half (December 1 – May 31) of this year, an increase of 19% on the year-ago period. -
ZF English - 17:38 Aug 02, 2021
Alexandrion group has expanded to Greece with alcoholic beverage import and distribution operations, a country where it takes 54 brands in 18 categories. The Romanian business therefore sells its own products and those of its partners. -
ZF English - 17:09 Aug 02, 2021
Allianz-Tiriac ended the first quarter of 2021 with gross written premiums from health insurance of RON41.1 million, 11.4% lower than in the year-ago period and remained the leader of the health insurance market, Romania’s Financial Supervisory Authority data show. -
ZF English - 13:47 Aug 02, 2021
Vincon Vrancea, one of the largest winemakers in Romania, has finalized the rebranding process and became Beciul Domnesc, starting August 1, 2021. -
ZF English - 13:31 Aug 02, 2021
Romania's finance ministry on Monday raised 442 million lei (EUR89.8 million), higher by RON42 million than planned, selling bonds maturing in October 2030 at an average yield of 3.5%, central bank data showed. -
ZF English - 13:18 Aug 02, 2021
Romania’s Competition Council is looking into a transaction whereby health insurer Signal Iduna Asigurare Reasigurare S.A. plans to acquire insurance companies Ergo Asigurari S.A. and Ergo Asigurari de Viata S.A. -
ZF English - 12:28 Aug 02, 2021
Romanian company Imotrust Arad, active in the real estate sector, plans to buy a plot of land of 3,415 square meters in Timisoara (western Romania), at the price of EUR2.25 million, payable in two traches. -
ZF English - 12:03 Aug 02, 2021
German automotive group Continental has appointed French Matthieu Turlure to the position of director of its tire factory in Timisoara (western Romania). -
ZF English - 11:29 Aug 02, 2021
Victor Munteanu has taken over as the new general manager of Romanian state-run aircraft maker Avioane Craiova (AVIO.RO), effective August 2021, after the mandate of Mihai-Marian Sdreala expired. -
ZF English - 11:04 Aug 02, 2021
Romania's foreign exchange reserves grew by EUR2.17 billion to a record level of EUR39 billion in July 2021, central bank data showed Monday -
ZF English - 10:38 Aug 02, 2021
Artisanal bakery Pain Plaisir will be opening a new store, in capital Bucharest, in November 2021, within the J8 Office Park project, reaching four units in Bucharest, and targets a turnover of EUR2.5 million in 2021. -
ZF English - 10:09 Aug 02, 2021
Enel X Romania, part of Enel X, the advanced energy services division of Italy’s Enel Group, is building two solar power plants with a total installed capacity of nearly 2 MWp, for chrome plated steel bars and tubes producer Nimet Targoviste. -
ZF English - 09:21 Aug 02, 2021
Romanian building materials producer TeraPlast plans to continue its development through both organic growth and through mergers and acquisitions (M&A), therefore, it is looking at the market for potential transactions. -
ZF English - 08:45 Aug 02, 2021
Volker Raffel has taken over the position of Chief Executive Officer (CEO) of natural gas and electricity supplier E.ON Romania, a member of Germany utility group E.ON, effective August 1, 2021. -
ZF English - 08:12 Aug 02, 2021
Belgian-held logistics space developer WDP, one of the most active investors on the Romanian market, is expanding its warehouse in Buzau by almost 4,000 square meters for German retailer Metro. -
ZF English - 17:39 Jul 30, 2021
Banca Transilvania (TLV.RO) on Friday evening notified the Bucharest Stock Exchange of its plans to distribute cash dividends from 2020 profit and net profit reserves of 2019. -
ZF English - 16:52 Jul 30, 2021
OMV Petrom (SNP.RO), the largest company on the Bucharest Stock Exchange by capitalization on Friday announced it appointed Alfred Stern, the new chief executive officer of Austria’s OMV group, president of Petrom. -
ZF English - 15:34 Jul 30, 2021
Romania’s general consolidated budget posted RON19.17 billion or 1.68% of GDP deficit in the second quarter of 2021, RON10.74 billion lower than the RON29.91 billion or 2.08% of GDP forecast. -
ZF English - 11:53 Jul 30, 2021
Austria’s Erste Group, owner of Banca Comerciala Romana, on Friday released a report regarding the evolution of economies of countries in Central and Eastern Europe (CEE), in which it estimates a 6.7% economic growth for Romania at end-2021. -
ZF English - 11:21 Jul 30, 2021
Romania's finance ministry will be launching three new bond issues for the general population on August 2, 2021, which can be subscribed until August 27.