Romania Feed
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ZF English - 13:37 Jun 20, 2023
Electricity supplier and distributor Electrica Group (EL.RO) has announced the capital market that its member company Distributie Energie Electrica Romania (DEER), attracted non-refundable European financing in the amount of EUR57 million, through the Modernization Fund. -
ZF English - 11:56 Jun 20, 2023
The volume of construction works in Romania increased, in unadjusted data, by 10.8% in April 2023 compared to April 2022 and was up 14.8% when adjusted to the number of working days and to seasonality, in line with data from the country’s statistics board INS. -
ZF English - 08:39 Jun 20, 2023
SIF Oltenia informed the capital market about the decision of the Financial Supervision Authority authorizing changing the company’s name from “Societatea de Investitii Financiare Oltenia SA” to “Infinity Capital Investments SA”, in the wake of an April shareholder decision. -
ZF English - 07:31 Jun 20, 2023
Real estate developer Genesis Property has started turning business park Novo Park of northern Bucharest into Yunity Park, a new real estate concept, a EUR50 million investment. -
ZF English - 05:56 Jun 20, 2023
Albrau, a major independent brewer, has a RON5 million investment budget for this year, aimed at new production lines and boosting energy efficiency. -
ZF English - 05:49 Jun 20, 2023
Spirits producer Diageo plans to develop its activities on the local market given the solid results registered in Romania. -
ZF English - 05:40 Jun 20, 2023
River transport company Trading Line Group, majority held by entrepreneur Paul Ivanov, has bought two floating cranes that can handle 12,000 tons per day, four times as much as the existing ones in Constanta harbor. It is also investing EUR50 million to purchase four fast high-capacity vessels and two drones. -
ZF English - 20:23 Jun 19, 2023
Technology startup investment platform SeedBlink announces the launch of Nimity, a product designed to simplify equity management for entrepreneurs and private investors, company representatives said in a statement. -
ZF English - 20:10 Jun 19, 2023
Four out of five Romanians who will go on holiday abroad in 2023 plan to pay there by card, smartphone, or smartwatch, as per the latest Visa CEE Travel and Payment Intentions Study 2023 covering eight markets in Central and Eastern Europe (CEE), including Romania. -
ZF English - 19:49 Jun 19, 2023
Deloitte Tehnologie SRL, the IT services center opened by the consulting and audit company in Bucharest in 2016, posted RON444.5 million revenue in 2022, up 49% from the previous year, data from its report to the Finance Ministry show. -
ZF English - 19:17 Jun 19, 2023
Grup Serban Holding (GSH.RO), a Romanian entrepreneurial agricultural business, on Monday announced that chief executive officer and majority owner Lucian Nicolae Serban had donated 863,000 shares to each of his sons – Luca-Nicolae Serban and Matei-Mihai Serban. -
ZF English - 19:02 Jun 19, 2023
Romania's Finance Ministry raised RON950 million from banks on Monday (June 19), selling government paper maturing in April 2030, at an annual average yield of 6.72%. -
ZF English - 18:51 Jun 19, 2023
Romania's national grid company Transelectrica (TEL.RO) has announced in a stock market report on June 19 the distribution of the accounting profit left after deducting the profit tax on December 31, 2022 in the amount of nearly RON514.6 million. -
ZF English - 18:28 Jun 19, 2023
Private equity firm Enterprise Investors (EI) is reviewing a number of projects in various stages of development, the firm said. -
ZF English - 17:49 Jun 19, 2023
French DIY retailer Leroy Merlin has appointed Mathieu Bauduin to the position of Chief Executive Officer (CEO) of its Romanian subsidiary, starting this week. -
ZF English - 17:06 Jun 19, 2023
Building materials maker Cemacon Cluj (CEON.RO) completed on June 16, 2023 the acquisition of ceramic block maker Euro Caramida SA based in Bihor County, by signing the transaction closing certificate. -
ZF English - 15:52 Jun 19, 2023
The Romanian capital market grew by 7.1% in the first five months of 2023, through the BET-TR index, which also includes dividends attributed to shareholders. -
ZF English - 15:10 Jun 19, 2023
Furniture retailer and manufacturer Mobexpert will open three new stores in Romania, in Piatra Neamt, Targoviste and Ramnicu Valcea by the end of 2023, CEO Adelina Badea says. -
ZF English - 11:28 Jun 19, 2023
Dacia Mioveni and Ford Otosan Craiova, the two car plants in Romania, manufactured 51,0125 vehicles in May 2023, 28.38% more than 39,822 units produced in May 2022, as per data from the country's carmakers association ACAROM. -
ZF English - 11:13 Jun 19, 2023
US giant Procter & Gamble (P&G) has appointed executive Radu Maftei to the position of senior vice president for Southeast Europe (SEE) and in this role, Maftei will coordinate the Group's operations across 12 markets, including Romania.