Romania Feed
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ZF English - 19:43 Jul 28, 2023
Hidroelectrica (H2O.RO), the largest hydropower producer in Eastern Europe, announced in a stock market report Friday evening (July 28) that it extended by tow months the mandates of the provisional members of its Board of Directors. -
ZF English - 19:32 Jul 28, 2023
Rolling stock manufacturer Atelierele CFR Grivita (ATRD.RO) intends to put up for sale a plot of land of around 30,000 square meters and constructions of 17,500 sqm on Calea Grivitei Roadway in capital Bucharest. -
ZF English - 18:49 Jul 28, 2023
ROCA Industry (ROC1.RO), the building materials holding part of ROCA Investments, has approved the granting of RON2 million loan to its subsidiary, Eco Euro Doors (EED), which will also contract loans worth RON6 million from Raiffeisen Bank. -
ZF English - 18:11 Jul 28, 2023
Danube freight transporter Transport Trade Services (TTS.RO) informed its investors in a stock market report on Friday (July 28) that the company's CEO, Petru Stefanut, bought 14,400 TTS shares within a deal carried out at the price of RON17.25 per share, totaling RON248,400. -
ZF English - 17:35 Jul 28, 2023
In the first half of 2023, the value of sales recorded by online stores that use the e-commerce platform MerchantPro grew by 8.5% compared to the same period of 2022, while the number of orders placed by customers rose by 6%, as per an analysis by MerchantPro, a local SaaS eCommerce solutions platform. -
ZF English - 15:32 Jul 28, 2023
Agricultural holding ROCA Agri RDF, which owns the companies RDF Agricultura, RDF SA, Adidana Agricultura, Dachim and Supliment, has appointed Alexandru Savin to the position of Chief Executive Officer (CEO). -
ZF English - 13:15 Jul 28, 2023
Industrial & logistics spaces will play a crucial role in solar energy, as more than half of it will be provided by rooftop solar PV by 2030, as per a study by CBRE, the global leader in commercial real estate services and investments. -
ZF English - 13:03 Jul 28, 2023
82% of European financial services investors state that the gender diversity in boardrooms has a significant influence on their decision to invest, compared to just 6% who say it does not influence their decision at all. -
ZF English - 06:55 Jul 28, 2023
Romanian executives for the July-September period expect prices to go up in constructions and retail, in parallel with an increase in employee numbers and activity, in line with a survey by the country’s statistics board INS. -
ZF English - 06:06 Jul 28, 2023
OMV Petrom, Romania’s sole oil and gas producer, reported RON537 million losses for the second quarter of 2023, compared with a net result of RON2.9 billion in the year-earlier period, amid solidarity taxes. -
ZF English - 05:34 Jul 28, 2023
Builder Concelex of Bucharest, owned by Daniel Piturlea, has started a series of investments in company digitalization in a bid to make activities faster and more efficient though the market context is challenging at this moment. -
ZF English - 23:05 Jul 27, 2023
Airbag manufacturer TRW Automotive Safety Systems, part of Germany’s ZF Group, had a net profit of RON61.1 million (EUR12.4 million) in 2022, up 10.5% from RON55.3 million (EUR11.3 million) reported in 2021, in line with publicly available data. -
ZF English - 22:49 Jul 27, 2023
Belgium’s Carmeuse Holding, which owns three factories producing lime on the local market, ended 2022 with a turnover of RON318.9 million (EUR64.7 million), up 38% from RON230.5 million (EUR46.8 million) reported in 2021, as per calculations by Ziarul Financiar (ZF) daily based on finance ministry data. -
ZF English - 22:39 Jul 27, 2023
Pharmacy chain Farmacia Tei, one of the most dynamic businesses in Romania, controlled by entrepreneur Roxana Maftei, ended the first half of 2023 with a 12% increase in turnover, according to company officials. -
ZF English - 22:13 Jul 27, 2023
Software services and solutions provider NTT Data Romania saw a 135% surge in its net profit in 2022, which overshot he EUR250,000 threshold (RON1.2 million), in line with data released on the finance ministry website. -
ZF English - 21:54 Jul 27, 2023
Update, 8:30 p.m.: The indicative price per share in this transaction ranges between RON17 and RON17.5 per unit. Thursday evening (July 27), the shares of Danube freight transporter Transport Trade Services (TTS.RO) closed at RON19.85. Therefore, the indicative price is 12% lower. -
ZF English - 20:53 Jul 27, 2023
Raiffeisen Bank has announced in a stock market report on Thursday (July 27) that Ana Maria Mihaescu submitted her resignation from the position of independent member of the Supervisory Board, starting with August 1st, 2023. -
ZF English - 20:18 Jul 27, 2023
Businessman Eusebiu Gutu has acquired the assets of the former insolvent chemical plant Nitroporos Fagaras, part of InterAgro Group, for EUR8.2 million. -
ZF English - 17:50 Jul 27, 2023
Romanian state-owned lender CEC Bank announced that it completed the acquisition of a 99.993% ownership stake in the Rural Credit Guarantee Fund (FGCR) from BRD Groupe Societe Generale, Banca Comerciala Romana and Raiffeisen Bank. -
ZF English - 16:17 Jul 27, 2023
Nestlé Romania, one of the largest players on the food and beverage market, saw a 19.2% organic sales growth across its ten product divisions, in the first half of 2023.