Romania Feed
-
ZF English - 12:40 Oct 21, 2020
UK’s PayPoint, operator of cash payments and electronic recharging services, has signed an agreement with Innova Capital to sell its Romanian business, within a transaction estimated at nearly £47 million. -
ZF English - 11:53 Oct 21, 2020
Romanian airline Blue Air on Wednesday announced it will introduce 13 new routes from the Cluj international airport to European destinations starting March 2021. -
ZF English - 09:54 Oct 21, 2020
Employees in Cluj are the best paid in Romania in 2020 for the second year in a row, earning 10% above the overall market, followed by employees in Bucharest (+4%) and Ploiesti (+1%), the Mercer – Total Remuneration Survey showed Wednesday. -
ZF English - 07:57 Oct 21, 2020
Lending to agriculture sector rose by 12.4% at the end of August 2020 compared with the year-ago month, tripled the total private lending growth rate, Romania’s central bank data show. -
ZF English - 07:36 Oct 21, 2020
Zoppas Industries, which operates a plant in Timisoara in Romania, posed 792 million lei revenue last year, flat on 2018, publicly available data show. -
ZF English - 06:51 Oct 21, 2020
The number of construction permits issued for apartment buildings every year has tripled in the past decade, while the number of construction permits for houses fell by 4%, the data centralized by ZF from National Statistics Institute figures show. -
ZF English - 12:57 Oct 20, 2020
Romanian state-owned hydropower producer Hidroelectrica on Tuesday said it completed modernization works and is going to commission the 110kV transformer stations belonging to Voila and Vistea hydropower plants. -
ZF English - 12:12 Oct 20, 2020
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei, grew to 2.14% a year on Tuesday (October 20). -
ZF English - 11:04 Oct 20, 2020
The property investment market in Romania exceeded EUR738 million in the first nine months of 2002, 31% higher compared with the same period in 2019, and office transactions accounted for nearly 93% of the investment volume, Crosspoint Real Estate said in a market report released Tuesday. -
ZF English - 10:52 Oct 20, 2020
Polish Smyk Group, specialized in selling children’s products, will be opening a new store, in central city of Brasov, on October 21, reaching a 21-unit network in Romania. -
ZF English - 09:13 Oct 20, 2020
Rio Bucovina, soft drinks and snacks wholesaler, part of Polish group Maspex, has expanded its warehousing space in the biggest logistics park in southeast Romania, Constanta Business Park, developed by Global Vision and Globalworth. -
ZF English - 07:59 Oct 20, 2020
Transport and logistics operator Maracana has rented 4,100 square meters of logistic space in Ploiesti and Constanta besides spaces in Timisoara and Cluj. -
ZF English - 06:48 Oct 20, 2020
Electronics retailer Altex will open a 1,600 sqm store in the AFI Brasov shopping center which officially opens Wednesday, October 21. -
ZF English - 06:44 Oct 20, 2020
Parmalat Romania, the maker of the Santal fruit beverages, part of the Lactalis group, ended last year with 59.1 million lei (EUR12.5 million) revenue, an increase of 4.5% on the previous year, ZF has calculated from Finance Ministry data. -
ZF English - 06:20 Oct 20, 2020
Dairy producer Covalact, one of the top ten on the local market, posted 150 million lei revenue last year, down 0.8% on 2018, as well as RON8.1 million profit, 12% lower than in 2018, ZF has calculated from Finance Ministry data. This was its first decline in revenue since 2005. -
ZF English - 06:00 Oct 20, 2020
The electronic commerce market, one of the few industries to have developed during the pandemic, has seen 30% growth year-on-year and estimates point to EUR5.5 billion in 2020. -
ZF English - 17:30 Oct 19, 2020
Romanian company SafeTech Innovations, specialized in providing cyber security solutions, has announced the successful completion of a private placement for its shares. -
ZF English - 16:42 Oct 19, 2020
Austrian Leier group, which bought Brikston and Siceram in Romania, saw an increase of over 30% in the first half of 2020, compared with the same period in 2019, due mainly to the segment of do-it-yourself stores. -
ZF English - 15:46 Oct 19, 2020
Online sales in Romania will continue to grow over the next five years and companies will be relying on more distribution channels, among which the internet. -
ZF English - 13:26 Oct 19, 2020
Spain’s Mantor Group has completed the consolidation works on the Mita Biciclista historic building located in Bucharest’s Piata Amzei area, following an investment of EUR4.5 million.