Romania Feed
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ZF English - 09:09 May 24, 2023
Flip.ro, a Romanian startup founded in 2019 that encourages circular economy by refurbishing mobile phones that are reintroduced on the market as good as new, has paid EUR4.8 million to Romanians who sold their phones through the online platform during the first four months of 2023, up 32% compared to the same period of 2022. -
ZF English - 08:10 May 24, 2023
The current role of the CFO in Romania today is more oriented on protecting and optimizing value (38%) than on growing value (24%), while the future ideal state shifts the focus of the Finance leaders towards the growing value activities (40%) and less on protecting the value (22%).[2] -
ZF English - 07:48 May 24, 2023
ALD Automotive has completed the full acquisition of LeasePlan, one of the world's global leaders specialized in car fleet management and mobility solutions, from a consortium run by TDR CAPITAL. -
ZF English - 20:32 May 23, 2023
Tire maker Pirelli Tyres Romania, the local subsidiary of Italy’s Pirelli, currently owned by state-run China National Chemical, posted RON4.388 billion (EUR889.8 million) revenue in 2022, an increase of 38.5% on the RON3.168 billion (EUR644 million) of 2021, Finance Ministry data show. -
ZF English - 20:05 May 23, 2023
Real estate developer One United Properties (ONE.RO) has notified shareholders about the signing of an agreement to sell an asset, an office building of One North Gate SA, in which it owns 76.395%, the developer said in a report to the Bucharest Stock Exchange. -
ZF English - 19:11 May 23, 2023
FAN Courier, the leader of the parcel delivery market in Romania, is doubling its locker network to some 2,000 FANboxes in the entire country, the company said in a release. -
ZF English - 18:35 May 23, 2023
OTP Bank has officially confirmed via an announcement by its management that OTP Bank Romania is up for sale, a process that may take a few months and if successful, the deal should be closed in one year, banking market sources told ZF. -
ZF English - 17:36 May 23, 2023
US-held eBay, one of the largest actors in online commerce in the world, has started a campaign to draw the Romanian small and medium-sized enterprises to its marketplace, enabling them sell abroad this way. The decision was made because of the growth of the market and the still low percentage of companies selling online, which it sees as a growth opportunity for the future. -
ZF English - 13:55 May 23, 2023
Romanian managers’ confidence in the economy is at the highest level in three years, despite uncertainties in the market, the eighth Confidex survey conducted by Impetum Group to measure Romanian managers’ confidence in the economy in the first half of 2023 shows. -
ZF English - 10:15 May 23, 2023
Julien Ducarroz, chief executive officer of Orange Poland since 2020, will trade places with Orange Romania CEO Liudmila Climoc in September. -
ZF English - 09:52 May 23, 2023
Globalworth, the leading office investor in Central and Eastern Europe (CEE) and the leader of the Romanian office space market, has signed an agreement with eMAG to set up its headquarters as a tenant in the Globalworth Square building in the Floreasca – Barbu Vacarescu area of Bucharest. -
ZF English - 07:59 May 23, 2023
The occupancy rate of Bucharest hotels stood at 62% in the first quarter of 2023, up 33% from the year-earlier period, and is just 5% below the 2019 level, placing Romania’s capital city second in the region, after Warsaw, in line with data provided by real estate consultancy Cushman & Wakefield. -
ZF English - 07:47 May 23, 2023
rebelDot, a Cluj-Napoca-based software developer, has taken over the majority stake in steepsoft AI, a Romanian company specializing in the development of AI solutions and leader of the segment in Romania. -
ZF English - 07:00 May 23, 2023
Life insurer Aegon Romania, part of international financial group Aegon, ended 2022 with a RON165.73 million gross underwritten premium volume, more than 8% higher than in 2021, and a 4.92% market share. -
ZF English - 06:22 May 23, 2023
Medimfarm, the 58-unit pharmacy chain present in several counties, but also in Bucharest, ended 2022 with turnover worth RON147 million (almost EUR30 million), 8% higher than in 2021. -
ZF English - 06:14 May 23, 2023
Romania in 2022 exported EUR2.6 billion worth of furniture, up 17% from the previous year, reveal data provided by the association of furniture manufacturers (APMR). -
ZF English - 06:03 May 23, 2023
Mariana Cotoi, general manager of state-owned Casa de Comer Agroalimentar Unirea, says the company she runs plans to buy a slaughterhouse and a processing plant and in the second half of the year to open a store selling Romanian agrifood products. -
ZF English - 20:35 May 22, 2023
Fashion retailer H&M posted almost RON977 million sales in Romania in 2022, 15% higher than in 2021, the second year of the pandemic when there were still restrictions in force. Retail operated normally in 2022 but was affected by the war near the borders and the record inflation. -
ZF English - 20:05 May 22, 2023
Icevulcan Properties Ltd., a company held by Daniel Dines, the CEO of automation software developer UiPath (PATH.RO), has exercised its option to buy 31.2 million ordinary shares in real estate developer One United Properties (ONE.RO), a report published on the Bucharest Stock Exchange on Monday shows. -
ZF English - 18:36 May 22, 2023
Simtel Team (SMTL.RO), a Romanian company specializing in building rooftop photovoltaic parks posted RON66 million revenue in the first quarter of 2023 compared with RON9.7 million in the year-ago period, while the net profit went up to RON2.9 million from RON0.29 million. The first-quarter financial report was published on the Bucharest Stock Exchange on Monday evening.