Romania Feed
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ZF English - 11:44 Apr 27, 2023
The total number of business insolvency proceedings in countries across Central and Eastern Europe (CEE) grew by 39.3% to 36,090 in 2022 from 25,917 in 2021, according to an analysis by Coface. -
ZF English - 10:52 Apr 27, 2023
ROCA Investments, a brand founded by Impetum Group and a private equity company in Romania, has reached a portfolio of EUR78 million, 50% higher than the previous valuation of December 2021, and an internal rate of rate (IRR) of 39%. -
ZF English - 07:13 Apr 27, 2023
Natural gas producer and supplier Romgaz, in which the Romanian state owns 70%, for 2022 reported payments to the budget worth RON7.7 billion, from RON1.5 billion in 2021. -
ZF English - 06:50 Apr 27, 2023
Faurecia Romania, the local subsidiary of French giant Faurecia, for 2022 reported turnover of above RON1.3 billion, up 25% from the previous year, in line with ZF calculations based on Finance Ministry data. -
ZF English - 06:37 Apr 27, 2023
McDonald’s Romania, leader of the restaurant market, ended 2022 with EUR297 million, up around 28% from 2021. -
ZF English - 06:29 Apr 27, 2023
Knauf Insulation, a mineral wool producer carrying out a EUR130 million investment in a plant from scratch in Tarnaveni locality of Mures county, bets on exports for the production of the new plant. -
ZF English - 06:21 Apr 27, 2023
Building materials group TeraPlast in 1Q/2023 registered RON147 million turnover, compared with RON171 million in the first quarter of 2022 and switches to RON2.6 million losses from a RON6.9 million positive result in 1Q/2022. -
ZF English - 20:27 Apr 26, 2023
Romania’s largest oil company OMV Petrom (SNP.RO) on Wednesday secured approval from its shareholders to distribute RON2.3 billion from the RON10 billion net profit of 2022 as dividends. The gross dividend stands at RON0.0375 and at the current trading price of RON0.497, the dividend yield is 7.4%. -
ZF English - 20:15 Apr 26, 2023
The shareholders of nuclear power producer Nuclearelectrica (SNN.RO) on Wednesday (April 26, 2023) approved the distribution of a gross dividend of almost RON4.25 per share. -
ZF English - 19:54 Apr 26, 2023
Electricity supplier and distributor Electrica (EL.RO) has informed its shareholders and investors that the mandate of Chief Executive Officer (CEO) of Alexandru Chirita was extended until August 2023, according to a report released at the Bucharest Stock Exchange. -
ZF English - 19:47 Apr 26, 2023
Rompetrol Well Services (PTR.RO) notified the Bucharest Stock Exchange on Wednesday evening that its shareholders, starting with Kazakhstan’s KMG International, which owns 73% in it, approved the distribution of a RON0.008805 dividend from the 2022 net profit or RON2.5 million in all at a yield of 1.4%. -
ZF English - 19:36 Apr 26, 2023
The shareholders of the Bucharest Stock Exchange, which operates the capital market in Romania, have approved a proposal of the Board of Directors to distribute RON10.4 million as dividends from the 2022 net profit. -
ZF English - 19:15 Apr 26, 2023
Fondul Proprietatea, a minority shareholder of the Bucharest National Airport Company (CNAB), calls for the urgent completion of the tender for the concession of commercial premises at the Henri Coanda International Airport. -
ZF English - 19:14 Apr 26, 2023
Natural gas producer and supplier Romgaz (SNG.RO) has notified the capital market of the decision made by its General Meeting of Shareholders on April 26 to distribute the 2022 profit. -
ZF English - 18:46 Apr 26, 2023
Austria’s HS Timber sold its company in Sebes, Romania, to Germany’s Ziegler Group, which has logistics and wood processing operations. With this acquisition, Ziegler Group enters Romania. -
ZF English - 17:34 Apr 26, 2023
Real estate developer Iulius of businessman Iulian Dascalu has established a joint venture with Romanian-American investment group W&E Assets, whose founders include Iasi tech entrepreneur Ilie Ghiciuc, to operate the two Family Market projects in Iasi County. -
ZF English - 17:29 Apr 26, 2023
Bonapp.eco, a Romanian startup that sells discounted food approaching the expiration date, expects to reach revenue of EUR1 million in 2024 after closing a pre-seed funding round of EUR600,000. -
ZF English - 16:54 Apr 26, 2023
Romania's freight transport market continued to grow in the first quarter of 2023, but below the level of 2022, against the background of a decline in consumption and implicitly in industrial production, as per an analysis by DSV Road, the third largest service transportation company in Europe. -
ZF English - 16:37 Apr 26, 2023
Autonom Services, the most extended mobility network in Romania, with bonds listed on the Bucharest Stock Exchange, reported total revenue of RON647.2 million for 2022, up 64% compared to 2021. -
ZF English - 15:40 Apr 26, 2023
Orange Romania Group recorded a consolidated turnover of EUR383 million between January and March 2023, down 0.7% compared to the same period of 2022.