Romania Feed
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ZF English - 15:46 May 03, 2023
Law firm Tuca Zbarcea & Asociatii assisted the Carrefour group in the acquisition of the local subsidiary of Louis Delhaize, which operates as Cora in Romania. -
ZF English - 13:26 May 03, 2023
Grand Hotel Bucharest, the former Intercontinental hotel, managed by Compania Hoteliera Intercontinental Romania (RCHI.RO), had a turnover of RON26.8 million in 2022, up 42.9% from 2021, and a net profit of RON2.8 million, nearly 35% lower versus 2021, as per the annual financial report published at the Bucharest Stock Exchange. -
ZF English - 11:55 May 03, 2023
Romania's industrial production prices for the total (domestic market and non–domestic market) increased by 13.6% in March 2023 compared to March 2022, data from Romania's statistics board INS showed on Wednesday (May 3, 2023). -
ZF English - 10:27 May 03, 2023
Romania’s unemployment rate stood at 5.4% in March 2023, lower by 0.1 percentage points than 5.5% in February 2023, data from the country’s statistics institute INS shows on Wednesday (May 3). -
ZF English - 08:24 May 03, 2023
Tech startup Pluria, launched in September 2020 in Romania and Spain by entrepreneur Andrei Cretu, cofounder of 7card network, now present in ten countries of two continents, announced a $2 million investment round led by Eleven Ventures, a major venture capital firm in southeastern Europe. -
ZF English - 08:13 May 03, 2023
In the first quarter of this year, the number of apartments sold nationwide was 23% lower than in the same period of last year. In Bucharest, 22% fewer apartments were traded. -
ZF English - 08:00 May 03, 2023
Unirea Shopping Center, a company that manages two shopping centers in Brasov and Bucharest, for 2022 reported total turnover of RON57 million, up 13.5% year-on-year, and RON32 million net profit vs net losses of RON33.5 million in 2021. -
ZF English - 21:33 May 02, 2023
October could see a new company starting on the Bucharest Stock Exchange, Exonia Holding, after the initial public offerings of Hidroelectrica and Agricover, expected for the end of this quarter. -
ZF English - 21:10 May 02, 2023
ABN Systems International (ABN.RO), which distributes IT&C products and accessories and owns the Tellur brand, ended 2022 with a net profit of RON7.75 million, down 19.1% from the level reported in 2021, and a turnover of RON116.5 million, up 7.2% on the year, in line with data from the annual financial report published at the Bucharest Stock Exchange. -
ZF English - 20:47 May 02, 2023
Austria’s Greiner Group, owner of flexible polyurethane foam manufacturer South East Europe Neveon, has strategic plans until 2028 and Romania is at the center of attention in Central and Eastern Europe, said Lambert Reudink, general manager South East Europe Neveon. -
ZF English - 20:27 May 02, 2023
Turism, Hoteluri, Restaurante Marea Neagra (EFO.RO), which manages several hotels and restaurants in seaside resorts, ended 2022 with a turnover of RON45.3 million, slightly lower than in 2021, as per the company's annual financial report published at the Bucharest Stock Exchange. -
ZF English - 20:16 May 02, 2023
Janssen, pharmaceutical companies of Johnson & Johnson, appointed Roxana Botea to the position of Country Director for Janssen Romania. -
ZF English - 19:56 May 02, 2023
AKCENTA, regional fintech leader in international payments and currency exchange, announces the appointment of Daniel Bogiu as Country Manager of AKCENTA in Romania, thus marking the strategic decision to expand the local presence in each county and increase the support capacity for customers in Romania, as per data from company representatives. -
ZF English - 19:34 May 02, 2023
Transport and logistics company DGH Log&Sped, one of the largest in Romania, hit the RON100 million (EUR20 million) revenue mark in 2022, an increase of 13% on the previous year, Finance Ministry data show. -
ZF English - 19:33 May 02, 2023
Safetech Innovations, a Romanian cybersecurity company listed on the Bucharest Stock Exchange with offices in Bucharest, London, and Abu Dhabi, announces the appointment of Ionut Georgescu as Chief Operating Officer (COO) at the group level. Ionut Georgescu is an executive with over 21 years of experience in the IT and information security industry. -
ZF English - 19:11 May 02, 2023
Law firm Filip & Company has assisted RCS & RDS S.A., part of Digi Group, in contracting new financing totaling over EUR132 million, for a period of up to three years. -
ZF English - 18:49 May 02, 2023
Employees in Romania's IT industry are restrained in the decision to change their current job (almost one in three is not considering leaving their present job and working for another company), they want a pay rise to keep pace with inflation (over 20% of the current salary), a flexible schedule and fringe benefits. -
ZF English - 16:41 May 02, 2023
The month of April animated recruitment, with over half a million job applications being registered on the online recruitment platform BestJobs. Candidates aged 25 to 34 are the most determined to change their job. -
ZF English - 16:11 May 02, 2023
Brokerage group XTB, with shares listed on the Warsaw Stock Exchange, ended the first quarter of 2023 with consolidated net profit of EUR64.4 million, up 20% versus the same period of 2022, the company said in a press statement. -
ZF English - 14:56 May 02, 2023
OMRO, a non-banking financial institution funding Romanian agriculture SMEs and local businesses, ended 2022 with an annual increase of 51.8% in revenue from the lending activity, representing interest and commission income, in the amount of RON12.5 million, while its net profit transposed into RON1.7 million loss, above the RON89,000 level reported in 2021.