Romania Feed
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ZF English - 08:26 May 20, 2021
Transport Trade Services (TTS), the biggest freight transporter on the Danube, expects to raise up to RON315 million in an IPO later this month. -
ZF English - 08:01 May 20, 2021
Demand for cars is on the rise, says Alin Tapalaga, general manager of Porsche Inter Auto, as many companies postponed refreshing their fleets in 2020. -
ZF English - 07:00 May 20, 2021
Romania’s government public procurement in 2020 helped contain Automobile Dacia’s decline in sales on its home market to less than 5% compared with about 30% abroad. -
ZF English - 06:30 May 20, 2021
Discount grocery retail chains had their best year in Romania in 2020, posting sales of more than EUR3.5 billion with more than 550 stores, 60 of which newly opened, ZF has found. -
ZF English - 17:50 May 19, 2021
Airline Ryanair said it would launch 14 new routes from Romania; the 2021 summer schedule currently includes 146 flights per week to 41 destinations. -
ZF English - 17:31 May 19, 2021
Romanian Taparo Group, which operates in the furniture industry, ended 2020 with a turnover of RON220 million and for 2021, it targets revenue of RON300 million, said Mihai Filip, shareholder of Taparo Group. -
ZF English - 17:01 May 19, 2021
E.ON Energie Romania targets a turnover of RON5.35 billion (nearly EUR1.1 billion) in 2021, 27% higher than the level reported in 2020. This year’s optimistic business forecasts come after a 4% higher demand for electricity and an 8% higher demand for natural gas in the first quarter of 2021. -
ZF English - 16:26 May 19, 2021
Building materials producer Sika, together with AdePlast – a company which Sika had integrated in 2020 – registered a total turnover of RON769.2 million in 2020, up 13% from a combined turnover of RON679 million in 2019. -
ZF English - 15:50 May 19, 2021
Smithfield Romania, the largest actor on the pork market in the country, ended 2020 with a turnover of RON1.3 billion, up 5% on the year, per calculations by Ziarul Financiar (ZF) based on data from company representatives. -
ZF English - 15:28 May 19, 2021
The Bucharest Stock Exchange (BVB) on Wednesday said the shares of Romanian dairy producer Agroserv Mariuta would start trading on the AeRO market, the equity segment of the Multilateral Trading System (MTS), under the ticker symbol MILK, on Friday, May 21. -
ZF English - 15:10 May 19, 2021
The company Ra-Ra Hotels, part of Ra Ra Group Brasov, has concluded a financial agreement with lender EximBank to develop the Radisson Blu Aurum project. -
ZF English - 12:53 May 19, 2021
Mediapost Martech, a company specialized in automating marketing, sales and support services for customers and also part of the Mediapost Hit Mail Group, has obtained the HubSpot Platinum Partner certification after only one and a half year of activity on the market. -
ZF English - 11:45 May 19, 2021
Romanian lender CEC Bank will be financing the construction of a new factory built by local dairy producer Artesana in a EUR5 million investment. -
ZF English - 11:42 May 19, 2021
Shareholders of telecommunications operator Digi Communications (DIGI.RO) approved on May approved the distribution of a gross dividend of RON0.75 per share, per a summoning note published on the stock market. -
ZF English - 10:37 May 19, 2021
Amazon Web Services, Amazon’s cloud computing division, has opened its first office in Bucharest, part of its strategy to expand across Central and Eastern Europe. -
ZF English - 10:18 May 19, 2021
The most wanted employers in Romania in 2021 are Amazon Development Center (Romania), HP Inc. Romania and Ubisoft, as the IT industry is seen as the most attractive, followed by services, according to the Randstad Employer Brand report. -
ZF English - 07:59 May 19, 2021
Insurer Vienna Insurance Group (VIG), which operates in Romania via Omniasig, Asirom and BCR Asigurari de Viata, reported gross underwritings of EUR146.2 million on the local market in the first quarter of 2021, up 16.1% on the year. -
ZF English - 07:51 May 19, 2021
Retail chain Cora ended last year with RON1.6 billion sales, 5.5% lower than in 2019, ZF has calculated from publicly available data. The decline came amid the pandemic but as ZF found, Cora was the only modern grocery retailer to see sales shrink in 2020. -
ZF English - 07:45 May 19, 2021
Lasselsberger Ceramics Romania, a local ceramic tile producer and owner of the Cesarom brand, posted 10% growth in turnover in 2020 and its profit doubled. -
ZF English - 07:28 May 19, 2021
The Timis family, who owns the cold cuts producer Cris-Tim and Casa Timis mansion, plans to build a hotel in the next five years. The entrepreneurs intend to build some accommodation facilities in the area where the Casa Timis mansion is in the near future.