Romania Feed
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ZF English - 14:57 Jul 03, 2023
Building materials company TeraPlast has allocated RON300 million for investments in the 2021-2023 period and seeks to further expand into new international markets. -
ZF English - 13:40 Jul 03, 2023
TeraPlast, one of the most important polymer processors in the Eastern European Union and the only producer of HFFR granules in Romania, celebrates 15 years since its listing on the Bucharest Stock Exchange (BVB). -
ZF English - 13:05 Jul 03, 2023
Groupama and Alpha Bank Romania have launched an extended version of the “Travel all Seasons” travel insurance, providing remote medical support, through the ÎntreabăMedic telemedicine service. -
ZF English - 12:32 Jul 03, 2023
More than 50% of homeowners in Romania intend to purchase a photovoltaic (PV) system from an energy supplier sometime in 2023, which would translate into an increase of over 8% compared to 2021, as per a survey conducted by E.ON. -
ZF English - 12:23 Jul 03, 2023
Shipyard Severnav (SEVE.RO) in Drobeta-Turnu Severin has built its first ship in 12 years, the officials of the company announced. -
ZF English - 11:48 Jul 03, 2023
UniCredit analysts expect the economies in EU-CEE and the Western Balkans to grow by around 1.6% in 2023 and 3.1% in 2024, with Romania outperforming, and Czech Republic and Hungary lagging, the bank says in its latest quarterly Central and Eastern European report. -
ZF English - 11:31 Jul 03, 2023
Romania's third-party liability insurance RCA seems to be entering a downward trend after seeing significant increases both at the level of the entire segment and at the level of each company that operates this business line. -
ZF English - 10:33 Jul 03, 2023
The EY organization is calling on European institutions and national governments to take six steps to help retain business confidence and attract more foreign direct investment (FDI), with the publication of the second installment of its Europe Attractiveness Survey 2023. -
ZF English - 10:18 Jul 03, 2023
Under the revenue and expenditure budget that envisages a net profit of RON3.6 billion for 2023 and the promise of a generous distribution to investors, energy producer Hidroelectrica has a dividend yield ranging between 6.5% and 7.8%, as per calculations by Ziarul Financiar (ZF) daily which considered the price range included in the company's initial public offering (IPO) prospectus. -
ZF English - 08:40 Jul 03, 2023
The Board of Executive Directors of the World Bank Group (WBG) on Monday (July 3) approved the second Inclusive and Green Growth Development Policy Loan (DPL) for Romania in the amount of EUR591.9 million. -
ZF English - 08:29 Jul 03, 2023
Farmexim Group, one of the largest pharmaceutical groups in Romania, which includes medical drug wholesaler of the same name and a network of 420 Help Net pharmacies, in 2022 exceeded the threshold of EUR1 billion turnover after a 28% increase compared to 2021. -
ZF English - 18:20 Jun 30, 2023
Greece’s PPC would complete the acquisition of Enel Romania in September, which will boost its customer number by 57% and the energy production capacity in operation by 14%, the group said. -
ZF English - 18:01 Jun 30, 2023
Vegetable oil producer Argus Constanta (UARG.RO) on Friday notified the Bucharest Stock Exchange that it had sold 4,330 shares or 86.1% in Aliment Murfatlar SRL for RON23.7 million. -
ZF English - 15:57 Jun 30, 2023
The ten best performing local open-end equity funds between May 2022 and May 2023 delivered to investors yields of 3.5% to 6.8%, below the inflation rate and below the yields of bond and fixed income funds, in line with calculations by Ziarul Financiar (ZF) daily based on data from the Association of Asset Managers (AAF) -
ZF English - 15:54 Jun 30, 2023
In the first six days of Hidroelectrica's (H20.RO) IPO, subscription orders for 50.6 million shares from retail investors were entered into brokers' systems, with 432.5% of their tranche subscribed by the end of Friday. -
ZF English - 14:58 Jun 30, 2023
Omer Tetik, CEO of Romania's largest bank, Banca Transilvania (TLV.RO), on June 28 sold 75,000 shares in the lender, at RON201.12 per unit, in line with a report to the Bucharest Stock Exchange. -
ZF English - 13:56 Jun 30, 2023
Electricity distributor and supplier Electrica (EL.RO), a major actor on its markets, has notified investors that its Distributie Energie Electrica Romania (DEER) subsidiary attracted new non-repayable EU funding via the Modernization Fund in amount of EUR6.25 million. -
ZF English - 13:16 Jun 30, 2023
Consumers are increasingly confident about owning electric vehicles (EVs), with rising fuel costs, environmental concerns and lower ownership costs driving a spike in EV purchasing intent, ad per a new EY research. -
ZF English - 11:37 Jun 30, 2023
Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, ended June 2023 at 6.54% on Friday, June 30. -
ZF English - 11:01 Jun 30, 2023
One individual investor subscribed RON150 million worth shares in electricity producer Hidroelectrica (H2O.RO) during the IPO the company is conducting on the Bucharest Stock Exchange, Ziarul Financiar has found.