Romania Feed
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ZF English - 08:24 May 12, 2023
Real estate developer One United Properties in the first quarter of 2023 posted consolidated turnover of RON439.5 million, 26% higher than the year-earlier period level, and net profit of RON151.7 million, down 9% from 1Q/2022. -
ZF English - 07:55 May 12, 2023
MedLife, leader of Romania’s healthcare market, in the first quarter of 2023 registered consolidated turnover worth RON529 million, up 26.4%, supported by all the business lines of the group and 2022 and 2023 acquisitions. -
ZF English - 07:42 May 12, 2023
BRD Soc Gen, the third largest player in the Romanian banking system after Banca Transilvania and BCR, for the first quarter of 2023 reported RON342 million net consolidated profit, up 30% from the year-earlier period. -
ZF English - 07:29 May 12, 2023
Romanian natural gas producer and supplier Romgaz in the first three months of 2023 recorded RON2.9 billion turnover, 25.9% below the 1Q/2022 level amid a 5.69% drop in deliveries. -
ZF English - 07:18 May 12, 2023
Hidroelectrica, Romania’s largest electricity generation company and the most anticipated listing on the Romanian capital market, in the first quarter of 2023 registered RON3.37 billion revenues, up 37% from the year-earlier period, while its net profit went up by 34% to RON1.74 billion. -
ZF English - 07:06 May 12, 2023
Romanian pharma producer Antibiotice Iasi ended the first quarter of 203 with RON178 million sales, up around 40%, and RON22 million net profit, almost triple the level of the year-earlier period. -
ZF English - 06:52 May 12, 2023
Aluminum producer Alro Slatina, one of the largest vertically integrated aluminum producers i Europe, in the first quarter of 2023 posted consolidated turnover worth RON822 million, 25% lower than in the year-earlier period, and net losses of RON52 million, from a net loss of RON18 million in 1Q/2022. -
ZF English - 06:40 May 12, 2023
Nuclearelectrica, Romania’s sole nuclear power producer, ended the first quarter of 2022 with RON2.1 billion revenues, up 13.5% from the first three months of 2022, while profit fell by 6.4% to RON767 million. -
ZF English - 19:53 May 11, 2023
Uber Romania, the US-held ride-hailing and micro-mobility company, is diversifying its product portfolio and launching the Uber Black service, where passengers can travel in premium vehicles such as the Mercedes-Benz E-Class, Volkswagen ID.4 or Tesla Model 3. -
ZF English - 19:43 May 11, 2023
Galati-based builder Tancrad saw its revenue increase by 25% to RON364 million in 2022, the latest data on the Finance Ministry website show. The revenue returned to growth after the decline of 2021. -
ZF English - 19:30 May 11, 2023
Albatros Gold, a medium-sized egg producer in Romania, has opened a compost plant where it makes organic fertilizer, following a EUR2 million investment. The investment was made to improve cost efficiency and to put on the market a product in higher and higher demand. -
ZF English - 18:40 May 11, 2023
Elefant Online, one of the largest online retailers in Romania and owner of elefant.ro, on Thursday evening announced on the Bucharest Stock Exchange, where it has a bond issue listed, that two of its shareholders, Millennium Gold Resources Limited and Catalyst Romania SCA SICAR, had signed an agreement transferring their 58.84% and 9.62% stakes or 44 million shares to Evolution Prest Systems. -
ZF English - 18:38 May 11, 2023
Nokian Tyres, a Finnish producer of tires and one of the world's leading players on this market, has started the construction of a new production facility in Oradea (north-western part of Romania), a project that will entail an investment of EUR650 million. -
ZF English - 18:07 May 11, 2023
Private equity firm BlackPeak Capital has appointed Virgil Chitu, a banker with more than ten years of experience, head of its Romanian operations and announced an up to EUR40 million investment plan to support small and medium-sized businesses in Romania. -
ZF English - 18:01 May 11, 2023
WNS Global Services, a global leader in Business Process Management (BPM), extends their lease agreement for 3,800 square meters of office space in the H5 building located in the West Gate Business District complex. -
ZF English - 17:48 May 11, 2023
British American Tobacco (BAT) has appointed Dr James Murphy as its new Director, Research and Science, joining the Management Board and reporting to the Chief Executive. -
ZF English - 15:42 May 11, 2023
Romania's Finance Ministry raised RON690 million from banks on Thursday (May 11) selling government paper maturing in April 2036, at an annual average yield of 7.34%. -
ZF English - 15:11 May 11, 2023
IT is the most attractive sector for Romanian employees, with Microsoft being the most attractive employer, for the second time in a row, HP holding the second spot, and IBM Romania ranking third, as per the Randstad Romania Employer Brand Research, the world’s most comprehensive employer brand research. -
ZF English - 14:50 May 11, 2023
Swedish furniture and home décor retailer IKEA will be opening its third store in Romania, in western city of Timisoara, on June 8, 2023. -
ZF English - 14:30 May 11, 2023
Irish fashion retailer Primark, famous for its large format stores and low pricing strategy, has announced on May 11, 2023 that it will open its second store in Romania, in Bucharest-based AFI Cotroceni shopping center, on June 20, 2023.