Romania Feed
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ZF English - 16:57 May 22, 2023
Romania's Finance Ministry raised RON646 million from banks on Monday (May 22), higher than the scheduled RON500 million, selling government paper maturing in May 2027, at an annual average yield of 6.80%. -
ZF English - 15:53 May 22, 2023
Brewer Ursus Breweries has appointed Roberto Follacchio vice president of human resources as of June 1. Follacchio had previously served as Sr. HR Business Partner Commercial of Birra Peroni Italy, part of Asahi Europe & International. He also had an essential role in the digital transformation process of the HR department of Birra Peroni. -
ZF English - 11:23 May 22, 2023
DTEK Renewables International, the main private energy investor in Ukraine, bought a 49.38 MW photovoltaic park in Glodeni, Mures County in several stages. The park was a greenfield project built by Romanian-held Finas Invest Cluj-Napoca. -
ZF English - 10:20 May 22, 2023
ENGIE Romania announces that after 13 years in Romania, Eric Stab will end his term as CEO of the company on June 1 and will continue as CEO of Engie Germany. -
ZF English - 10:04 May 22, 2023
OMV Petrom (SNP.RO), the largest company in Romania and the main integrated energy company in SE Europe has signed a funding contract via the National Recovery and Resilience Plan (NRRP) to build a hydrogen production facility by water electrolysis at the Petrobrazi refinery. -
ZF English - 08:24 May 22, 2023
Speedwell, one of the most dynamic real estate developers in Romania, has got the construction authorization for the third building part of The Ivy project, the housing compound located close to Bucharest’s Baneasa forest. -
ZF English - 07:29 May 22, 2023
Romanian paint and coatings producer Sarcom, part of ROCA Industry’s portfolio, is relaunching under the name of Evolor and aims for a business volume of around RON100 million in 2023, by expanding its sales network and boosting operating efficiency. -
ZF English - 07:16 May 22, 2023
The volume of construction works in Romania went up by 12.7% in the first three months of this year against the year-earlier period, in line with data from the country’s statistics board INS. -
ZF English - 06:55 May 22, 2023
Cotnari SA, a major winemaker locally, for 2022 reported RON132.7 million turnover, down 20% from the previous year. -
ZF English - 06:41 May 22, 2023
Drug wholesaler Alliance Healthcare, known as Farmexpert ahead of rebranding, posted turnover worth above RON4.5 billion in 2022, up 14% on the year, in line with ZF calculations based on finance ministry data. -
ZF English - 06:36 May 22, 2023
Iustin Paraschiv, founder of Carmistin brand, a major player on the local meat market, is carrying out EUR250 million investments. -
ZF English - 06:28 May 22, 2023
Net profit at the level of the Romanian banking system at the end of the first quarter of 203 hit a new record high, of almost RON3.4 billion, up around 70% from the gain reported for 1Q/2022. -
ZF English - 18:20 May 19, 2023
Bittnet Systems (BNET.RO), the first Romanian IT group listed on the Bucharest Stock Exchange, notified investors of having taken out a RON10 million investment loan from ProCredit Bank for partial funding of its M&A deal with Dataware Consulting SRL. -
ZF English - 16:57 May 19, 2023
The euro/leu exchange rate reached a new all-time high on Friday, May 19, RON4.9783/EUR, after having previously peaked at RON4.9731/EUR on Thursday. -
ZF English - 11:49 May 19, 2023
Law firm bpv Grigorescu Stefanica advised the shareholders of Romanian company Softelligence, a provider of software engineering services, on its takeover by the US company Encora Holdings Limited, part of the Encora Group. -
ZF English - 06:18 May 19, 2023
Egger Romania, part of Austria’s Egger, a supplier of wood-based material for furniture industry and interior decorations, construction and flooring, has for the coming period earmarked EUR35 investments in infrastructure, equipment, new production installations and existing installation retooling. -
ZF English - 06:08 May 19, 2023
Radiotherapy center MedEuropa has reached investments of between EUR65-70 million on the local market after opening its first unit in Constanta in 2018. -
ZF English - 21:14 May 18, 2023
TTS Calls Shareholders To Approve Contracting EUR12M Loan And Increasing Investment Budget By EUR42M
Danube freight transporter Transport Trade Services (TTS.RO) has summoned its shareholders for June 19 to vote on acquiring 99.9% of the share capital of port operator Decirom for a price of EUR21.8 million, and accessing a loan of EUR11.5 million guaranteed mainly with DECIROM shares for the partial financing of the purchase, as per a stock market report. -
ZF English - 20:55 May 18, 2023
Antibiotice Iasi (ATB.RO), Romania’s most important generic drug manufacturer, on Thursday (May 18) informed the Bucharest Stock Exchange (BVB) that SIF Oltenia (SIF5.RO), its second largest shareholder, acquired almost 16 million ATB shares on Wednesday (May 17), at the price of RON0.58 per unit. -
ZF English - 20:28 May 18, 2023
Romaqua Group, the largest Romanian-held beverage business, ended 2022 with more than RON948 million (more than EUR192 million) revenue, an increase of almost 9% year-on-year, Finance Ministry data show.