Romania Feed
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ZF English - 20:21 May 29, 2023
Catena, the largest retail pharmacy chain in Romania, ended 2022 with more than RON6.3 billion sales, an increase of 22% on the RON5.1 billion of 2021. -
ZF English - 19:52 May 29, 2023
Romanian producer of organic agricultural products, Norofert (NRF.RO) ended the first quarter of 2023 with a net profit of RON1.7 million, down 12.1% on the year, and a turnover of RON13.1 million, down 19.3% on the year, as per data from the company's quarterly financial report published by the Bucharest Stock Exchange. -
ZF English - 19:10 May 29, 2023
Groupe Atlantic, a French company operating in the sector of HVAC (heating, ventilation and air conditioning), has purchased a plot of land and an industrial hall in the PWP BUCHAREST NORTH industrial park in the area of Aricestii Rahtivani (Prahova County), where it will start the manufacturing of equipment. -
ZF English - 19:06 May 29, 2023
October could see the start of a new company on the Bucharest Stock Exchange, as Exonia Holding, owner of the biodegradable paper packaging maker by the same name is considering a private placement at the beginning of the fall, followed by listing on the local capital market as EXO, says Exonia chief executive officer Tiberiu Stoian. -
ZF English - 18:32 May 29, 2023
The Board of Directors of aluminum producer Alro Slatina (ALR.RO) has decided in its meeting of May 29 to reconfirm Gheorghe Dobra as General Manager of the company for a four-year mandate, as per a stock market report. -
ZF English - 18:06 May 29, 2023
Software industrial company Honeywell has extended its lease contract for office spaces in Globalworth’s BOC office building in northern Bucharest and will occupy over 24,000 square meters. -
ZF English - 16:20 May 29, 2023
Romania's Finance Ministry raised RON817 million from banks on Monday (May 29), selling government paper maturing in 2030, at an annual average yield of 7.09%. -
ZF English - 16:07 May 29, 2023
Germany's Kaufland Group had a turnover of RON16 billion in Romania in 2022, up 15% on the year, and a net profit of RON884 million, down roughly 1% versus 2021, as per data released by the finance ministry. -
ZF English - 15:38 May 29, 2023
Retail, agribusiness and food group Agroland Business System (AG.RO), which owns the largest farm supply store chain in Romania, posted RON69.7 million revenue in the first quarter of 2023, an increase of 4% on the year-ago period. -
ZF English - 14:17 May 29, 2023
Insurance company Allianz-Tiriac, part of Germany's Allianz Group, ended the first three months of 2023 with total underwritings of RON848 million, up 4% on the year, with sales growth being generated exclusively by the voluntary insurance segment. -
ZF English - 10:28 May 29, 2023
Akcent Development, part of Romanian entrepreneurial group Alfa Group set up by Alin Niculae, over the last months has concluded a series of lease contracts for the office building Eminescu Offices, which reached an occupancy rate of 70%, according to the company. -
ZF English - 09:14 May 29, 2023
Around three-quarters of Romanian companies (71.4%) surveyed have begun implementing the cloud either for several departments or for specific processes, and plan wider adoption over the next two years, as per a local report based on the PwC Central and Eastern Europe (CEE) Cloud Business Survey. -
ZF English - 08:04 May 29, 2023
Online retailer eMAG last year invested RON1.12 billion in the company’s development, with overall investments carried out in the past two years topping RON2 billion, as the platform has reached 9 million clients in Romania, Hungary and Bulgaria. -
ZF English - 07:24 May 29, 2023
Romanian business managers for May-July period project stepped up activity in constructions and retail, in parallel with rising prices in these fields, but also in the processing industry, in line with a survey by the country’s statistics board INS. -
ZF English - 07:06 May 29, 2023
Local sales of PCs dropped by almost 16% in the first quarter of this year in terms of units against the first three months of 2022, in line with IDC data, as both companies and end users are thriftier when shopping in this inflationary and uncertain economic environment. -
ZF English - 06:53 May 29, 2023
Cold cuts producer Meda Prod 98 saw sales go up in the first three months of this year, but volumes edged down, according to the company’s officials. -
ZF English - 06:44 May 29, 2023
Industrial pipe manufacturer Silcotub Zalau, part of international group Teranis controlled by Italian family Roca, for 2022 reported turnover worth RON4 billion, from RON2.6 billion (EUR533 million) in the previous year. -
ZF English - 06:38 May 29, 2023
Travel agency Eximtur of Cluj-Napoca, one of the largest locally, controlled by Morariu family, saw its sales volume go up by 33% in 2022 on the year, to RON197 million, with 2023 estimates pointing to a RON215 million sales volume. -
ZF English - 06:32 May 29, 2023
Coca-Cola HBC Romania, leader of the local beverage market, ended 2022 with turnover worth RON3.2 billion (around EUR650 million), up over 15% on the year. Net profit reached RON394 million, 32% higher than in 2021. -
ZF English - 20:07 May 26, 2023
US company Google has announced the opening of a Google Lab at the Faculty of Automatic Control and Computer Science within the Politehnica University of Bucharest.