Romania Feed
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ZF English - 20:15 Oct 16, 2023
Romania's Finance Ministry raised RON999 million from banks on Monday (October 16) selling treasury bills maturing in 2024, at an annual average yield of 6.13%. -
ZF English - 20:11 Oct 16, 2023
Germany’s Nordex, world leading wind turbine manufacturer, got its first order for Romania in years at the end of last month. The wind energy market boomed between 2009 and 2014, but then completely froze. Things are changing this year. -
ZF English - 20:10 Oct 16, 2023
The factoring market exceeded the EUR4 billion mark at the end of the first half of 2023, up almost 10% versus the year-earlier period, with domestic factoring operations nearing EUR3.5 billion, up 17% on the year, as per the half-year market survey conducted by the Romanian Factoring Association (ARF). -
ZF English - 19:25 Oct 16, 2023
Electrical and electrotechnical component manufacturer Weidmüller Interface Romania, the local subsidiary of Germany’s Weidmüller Group, posted RON359.5 million (about EUR73 million) revenue in 2022, up 13.5% from the previous year’s RON316.8 million (EUR64.4 million), according to ZF calculations based on Finance Ministry data. -
ZF English - 18:41 Oct 16, 2023
Romania's stock of modern industrial space reached 6.91 million square meters in the first half of 2023, after the delivery of 223,000 square meters since the beginning of the year, data from real estate consultancy CBRE show. -
ZF English - 18:26 Oct 16, 2023
Evergent Investments (EVER.RO) announced in a stock market report on October 16 the initiation of the third stage of the share buyback program no. 8 in accordance with the Extraordinary General Meeting of Shareholders Resolution no. 2 of April 27, 2023 and in compliance with the Board of Directors Decision no. 1 of October 16, 2023. -
ZF English - 16:30 Oct 16, 2023
Garanti BBVA Leasing, part of the Garanti BBVA Group, has signed a new EUR20 million loan agreement with the International Finance Corporation (IFC), a member of the World Bank Group. -
ZF English - 15:34 Oct 16, 2023
Deloitte Romania Assisted Innova Capital With Acquisition Of Payment Services Provider NETOPIA Group
Deloitte Romania assisted Innova Capital, a leading private equity firm in Central and Eastern Europe, with the acquisition of the majority stake of NETOPIA Group, one of the longest-established payment service providers in Romania. -
ZF English - 08:21 Oct 16, 2023
Dental clinic network Dr. Ardeleanu is opening a new stomatology center in Slobozia, in the wake of a EUR600,000 investments, thus reaching five centers nationwide. -
ZF English - 06:16 Oct 16, 2023
Continental group has reached total investments of EUR600 million in the tire plant of Timisoara after 25 years of activity. And production has topped 300 million tires. -
ZF English - 06:11 Oct 16, 2023
Bacau-based group Agricola, a major producer of poultry, cold cuts and ready meals in Romania, has come to get almost one quarter (22%) of sales from abroad, with foreign receipts rising 6% from 2022. -
ZF English - 06:02 Oct 16, 2023
Private equity fund Mid Europa Partners has mandated investment bank Citi to find a buyer for store network Profi, one of the biggest retailers locally by turnover (EUR2.4 billion last year) and network (over 1,600 stores), according to ZF sources. -
ZF English - 05:52 Oct 16, 2023
Termoplast company of Roman, Neamt county, a producer of PVC and aluminum doors and windows, controlled by local entrepreneurs, aims for EUR18 million turnover this year, from EUR15 million in 2022, when it doubled its business. -
ZF English - 23:24 Oct 13, 2023
Only 11% of Romanians could financially cope with the costs of repairing or replacing goods affected by a potential climate-related disaster that would affect their home, as per the latest sociological survey carried out by IRES for the National Association of Insurance and Reinsurance Companies in Romania (UNSAR) -
ZF English - 22:54 Oct 13, 2023
EY Romania has recruited Carmen Sauer for the position of SAP Practice Director within the Technology Consulting Department. -
ZF English - 22:18 Oct 13, 2023
More than a third of Romanians (34.3%) want to take out a loan in the coming months, of which almost 62% want a personal loan, according to a tbi bank survey among 1,057 respondents across the country. -
ZF English - 21:59 Oct 13, 2023
E.ON Energie Romania has completed the construction and installation of a solar power generation system for the company Printmasters (in Maramures County), in the wake of a nearly EUR500,000 investment. -
ZF English - 20:41 Oct 13, 2023
Romania's current account balance posted a deficit of EUR13.7 billion in January-August 2023, lower than the EUR18.5 billion level reported in the same period of 2022, central bank data showed on Friday (October 13, 2023). -
ZF English - 18:11 Oct 13, 2023
Mihaela Lupu, currently Chief Financial Officer for Central and Eastern Europe within UniCredit Group, will be the new Chief Executive Officer (CEO) and Chairman of the Board of Directors of UniCredit Bank in Romania, starting with October 16, 2023. -
ZF English - 17:43 Oct 13, 2023
Employees in the IT sector are considering looking for new jobs in order to mitigate the financial impact of the government's latest tax measures, as per a survey by online recruitment platform Bestjobs.