Romania Feed
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ZF English - 09:23 Oct 30, 2020
Romanian turbojet parts maker Turbomecanica Bucuresti (TBM.RO) on Friday reported a net profit of RON8.7 million for the first nine months of 2020, down 51% on the year, while its turnover decreased 5%, to RON74 million. -
ZF English - 08:59 Oct 30, 2020
NN Group and the pension funds it manages have raised their holding in Romanian lender Banca Transilvania (TLV.RO) from 9.96% to 10.04%, the bank announced Friday. -
ZF English - 07:53 Oct 30, 2020
Retailer dm drogerie markt has opened five new stores and closed one this year, so it now has 113 stores. Last year, it opened about ten stores, in street front locations, shopping centers and retail parks. -
ZF English - 07:43 Oct 30, 2020
Romania's seasonally adjusted unemployment rate inched down to 5.2% in September from 5.3% in August, data from the country's statistics board showed Friday. -
ZF English - 07:20 Oct 30, 2020
The insurance market ended the first half with 100.9 million lei profit, 51% more than in the year-ago period, Financial Supervisory authority (ASF) data show. -
ZF English - 07:00 Oct 30, 2020
The overall computer and electronics industry has been one of the winners of this time when people switched to working from home and have been spending less time outdoors. -
ZF English - 13:56 Oct 29, 2020
Romania had a tax-to gross domestic product ratio of 26.8% in 2019, the second lowest level among European Union member states, ahead of Ireland (22.7%) and after Bulgaria (30.3%), Eurostat data showed Thursday. -
ZF English - 13:35 Oct 29, 2020
Shareholders of SIF Oltenia (SIF5.RO) on Thursday rejected a plan for the repurchase of 26.2 million own shares, representing 5% of its share capital, in view of annulment and share capital reduction. -
ZF English - 13:29 Oct 29, 2020
The industrial space sector was the star of the real estate market this year and companies in retail and related services, namely logistics and delivery, were the most active investors, a market report by CBRE showed Thursday. -
ZF English - 11:17 Oct 29, 2020
Horia Cardos, founder of Agroland, which operates a chain of 250 farming product stores, has opened the biggest store yet in Bucharest, following an investment of EUR150,000. -
ZF English - 11:01 Oct 29, 2020
Courier company Sameday, owned by online retailer eMag, has rented 2,100 square meters in TBM Industrial Park in Rudeni, near Bucharest. -
ZF English - 10:49 Oct 29, 2020
Wizz Air, the leading low-cost carrier in Central and Eastern Europe, inaugurated Thursday its new base in Bacau, Eastern Romania. -
ZF English - 10:45 Oct 29, 2020
Belgian real estate developer Liebrecht & wooD starts work in November on the first 94 houses in the residential project in Frumusani, near Bucharest. -
ZF English - 10:20 Oct 29, 2020
Telecom operator Orange Romania said Thursday it posted a turnover of EUR273.1 million in the third quarter, down 2.1% compared with the same period in 2019. -
ZF English - 10:05 Oct 29, 2020
Romania will not shut down its economy as it did during the two-month state of emergency in spring, finance minister Florin Citu said Thursday in a radio interview. -
ZF English - 09:56 Oct 29, 2020
Polish footwear retailer CCC, the second largest on the Romanian footwear market, opened a new store in the AFI Brasov shopping center, its 76th in Romania. -
ZF English - 08:47 Oct 29, 2020
December could be a make-or-break month for the shopping centers in Romania, badly hurt by the pandemic, considering this is a time when people buy presents and usually generates higher sales for stores, says Andrei Pogonaru, owner of Veranda Mall in Bucharest. -
ZF English - 08:07 Oct 29, 2020
Online sales of groceries and personal and household care products could reach EUR1 billion by 2025 or 4% of the total market, ZF has calculated from the estimates of the Bringo delivery platform of French-held Carrefour group. -
ZF English - 07:48 Oct 29, 2020
OMV Petrom (SNP.RO), the biggest oil and gas company in Southeast Europe, on Thursday reported sales of RON15.1 billion for the first nine months of 2002, down 17% on the year, while net profit attributable to shareholders dropped 70%, to RON826 million. -
ZF English - 14:47 Oct 28, 2020
Coffee distributor Tchibo Coffee Service is acquiring Partener Coffee Services, which owns The Coffee Shop chain of cafes. The deal is being analyzed by the antitrust body.