Romania Feed
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ZF English - 07:21 May 19, 2021
Romania's former social-democrat prime minister Viorica Dancila has not been appointed advisor to the central bank governor but will advise on strategy issues within the central bank's euro adoption department, a central bank official has clarified. -
ZF English - 06:49 May 19, 2021
Corrugated cardboard and toilet paper manufacturer Vrancart is conducting EUR29 milion investments in several projects intended to ensure development of the business. -
ZF English - 19:18 May 18, 2021
Outsourcing services company Teleperformance Romania has earmarked an investment budget of RON3.6 million for 2021, 14% higher than the investment budget of over RON3.14 million for 2020, which was nearly 58% higher than the budget for 2019. -
ZF English - 17:27 May 18, 2021
Railway freight transporter Grup Feroviar Roman (GFR), the main company of freight railway group Grampet and the largest private railway operator in Romania, registered a turnover of RON692 million in 2020, down 5% on the year, per company data. -
ZF English - 17:05 May 18, 2021
Romanian fiber optic cable producer Romcab Targu Mures (MCAB.RO) registered a net profit of RON6.1 million in the first quarter of 2021, compared with a loss of RON11.4 million in the same period in 2020. -
ZF English - 16:46 May 18, 2021
Delgaz Grid, German utility group E.ON's natural gas and electricity distribution company in Romania, said it would invest RON612 million (EUR126 million) in 2021, in modernizing and extending the natural gas and electricity distribution networks. -
ZF English - 16:30 May 18, 2021
Canned foods manufacturer Prefera Foods, held by entrepreneur Raul Ciurtin, plans to trade trade bonds on the Bucharest Stock Exchange, according to Zoarul Financiar. -
ZF English - 13:49 May 18, 2021
Software solutions provider Life is Hard (LIH.RO), which is listed on the AeRo market of the Bucharest Stock Exchange, has signed a contract to acquire 100% of the shares of Innobyte Solutions – one of the leading players on the Romanian ecommerce market. -
ZF English - 11:44 May 18, 2021
BestJobs Recrutare SA, the company that manages job recruitment platform BestJobs, has raised EUR3.4 million from stock market investors following a private placement of bonds closed early at the beginning of the week by brokerage firm Tradeville. -
ZF English - 11:28 May 18, 2021
Lender Patria Bank (PBK.RO), held by private equity fund Emerging Europe Accession Fund (EEAF), on Tuesday reported a net profit of RON453,000 for the first quarter of 2021, from a loss of RON2.4 million in the same period last year. -
ZF English - 10:56 May 18, 2021
The Foreign Investors Council (FIC), an organization that brings together over 120 multinational companies, said Romania’s economic growth in 2021 would exceed the European average, which will also translate in the coming period in enhanced investment opportunities. -
ZF English - 10:55 May 18, 2021
First-quarter investments on the Romanian property market declined 42% in annual terms, to EUR85 million euro in Romania, with office assets accounting for around half the transacted volumes, real estate consultancy company said in a report Tuesday. -
ZF English - 10:08 May 18, 2021
Romania's former social-democrat prime minister has been appointed advisor to central bank governor Mugur Isarescu, the central bank confirmed Tuesday. -
ZF English - 09:16 May 18, 2021
Telecom operator Vodafone Romania on Tuesday reported total services revenue of EUR801 million for the fiscal year 2020/2021 ended March 31, 1.5% lower compared with the previous fiscal year. -
ZF English - 08:36 May 18, 2021
Developer Vox Property Group has contracted a loan of EUR19.5 million from CEC Bank to consolidate previous debt and fund projects under development. -
ZF English - 08:26 May 18, 2021
The first stage of a EUR25 million renovation of the Athenee Palace Hilton hotel in Bucharest will be completed by the end of May, owner ANA Hotels said Tuesday. -
ZF English - 08:18 May 18, 2021
Erste Group, which owns Romanian lender Banca Comerciala Romana, on Tuesday revised its forecast for Romania's economic growth to 6.7% for 2021 from a previous estimate of 4.2%, on positive first-quarter data. -
ZF English - 07:32 May 18, 2021
Parcel delivery company DPD Romania, one of the largest on the local market, posted more than RON257 million revenue last year, an increase of almost 40% on the RON184 million of 2019. -
ZF English - 07:16 May 18, 2021
Romania registers the fastest economic recovery in history after the biggest economic crisis of the past hundred years, Romanian prime minister Florin Citu said Tuesday after official data showed the country's first-quarter GDP grew 2.8% on a quarterly basis. -
ZF English - 07:14 May 18, 2021
Services center operator CGS Romania ended 2020 with almost RON314.5 million revenue, an increase of more than 12% on 2019, Finance Ministry and company-supplied data show.