Romania Feed
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ZF English - 06:28 Aug 25, 2023
Private healthcare operator MedLife Group reported RON1.06 billion turnover in the first six months of 2023, up 23.9% from the year-earlier period. -
ZF English - 06:07 Aug 25, 2023
Banca Transilvania, Romania’s biggest lending institution, reported consolidated net profit of RON1.58 billion in the first half of 2023, from RON1 billion in the same period of last year. -
ZF English - 05:54 Aug 25, 2023
Concrete producer Readymix Romania saw its profit halve in 2022, to almost RON4.2 million (EUR851,000), from a net gain of around RON8.2 million (EUR1.6 million) in 2021. -
ZF English - 05:34 Aug 25, 2023
Simona Filip, running LPP Romania operations from the position of country manager, says Polish fashion retailer LPP is expanding irrespective of the economic context. The company has a EUR35-40 million investment budget for Romania in 2023. -
ZF English - 05:24 Aug 25, 2023
Slatina-based electrical and fiber optic cable manufacturer Prysmian, part of the Italian Prysmian group, reached turnover worth above RON2 billion (EUR412.2 million) in 2022, up 50.4% from the previous year, in line with ZF calculations based on Finance Ministry data. -
ZF English - 05:17 Aug 25, 2023
Furniture producer Laguna Euromob of Vadu Izei locality, Maramures, founded in 1994 by Mircea Adrian Oros, for 2022 reported turnover worth RON79.4 million (EUR16.1 million), up 19% on the year, in line with ZF calculations based on Finance Ministry data. -
ZF English - 15:34 Aug 24, 2023
Credex IFN, a non-banking financial institution (NBFI) of the Altex Group, the leading computer and electronics retailer in Romania, has secured a license to operate as a payment institution from Romaia’s central bank, the company announced. -
ZF English - 13:06 Aug 24, 2023
The number of real estate deals in Romania stood at 12,252 in July 2023, an increase of 16% on June 2023, data from the national cadaster agency ANCPI showed on Thursday (August 24). -
ZF English - 12:05 Aug 24, 2023
State-run natural gas transmission company Transgaz (TGN.RO) on Thursday notified the Bucharest Stock Exchange that its Board of Directors had elected Petru Ion Vaduva chairman of the Board until the end of his mandate as company director, that is from September 10, 2023 to April 29, 2023, as shown in a decision on August 24. -
ZF English - 10:26 Aug 24, 2023
Private lending in Romania grew by 5.6% in nominal terms (down 3.5% in real terms) to RON378.2 billion in July 2023 compared with July 2022, central bank data showed on Thursday (August 24). -
ZF English - 08:54 Aug 24, 2023
Orange, leader of Romania’s telecom market, has announced it reached an agreement regarding the transfer of Orange Money retail business of Romania to Alpha Bank Romania. -
ZF English - 08:44 Aug 24, 2023
Winemaker Purcari in the first half of this year registered RON161.4 million revenues, up 30% from the year-earlier period, while net profit rose by 22% to RON25.5 million. -
ZF English - 06:45 Aug 24, 2023
Chemical compound Chimcomplex Borzesti announced it has signed the contract for funding via the National Recovery Plan and Resilience Pillar I and is in the process of implementing the second stage of a project envisaging the construction of a gas plant in the district heating sector in Ramnicu Valcea. -
ZF English - 06:32 Aug 24, 2023
OMV Petrom, the largest fuel producer in Romania, has announced at the Bucharest Stock Exchange that it has commenced the process to delist and to cancel trading of the GDRs at the London Stock Exchange because of investors’ low interest. -
ZF English - 06:21 Aug 24, 2023
Banca Transilvania, the biggest player in Romania’s banking system, is convening shareholders for September 29 for the approval of a program of corporate bond issues with a 10-year maturity for a maximum sum of EUR1.5 billion via several separate issues. -
ZF English - 06:10 Aug 24, 2023
Banca Transilvania, Romania’s biggest lending institution, is convening its shareholders for September 29, 2023, to approve, among others, the distribution of RON902.5 million under the form of dividends. -
ZF English - 05:59 Aug 24, 2023
Sole Mizo Romania, part of Hungary’s Bonafarm, for 2022 reported turnover worth RON176.5 million (EUR35.8 million), up 17.6% from the previous year, in line with ZF calculations based on Finance Ministry data. -
ZF English - 05:49 Aug 24, 2023
Nitramonia BC, the company managed by Eusebiu Gutu previously known as Popasul Trebes, reached RON2 billion revenues in 2022, thus entering the league of RON billionaires. -
ZF English - 18:05 Aug 23, 2023
Tinervis Group, the company that operates the Luca chain of pretzel shops, held by entrepreneurs George Adragai and Mircea Cosmin Postole, posted almost RON368 million (EUR74.6 million) sales in 2022, up 75% from the previous year’s RON209.5 million (EUR42.6 million), Finance Ministry data show. -
ZF English - 16:10 Aug 23, 2023
Financial investment company Evergent Investments (EVER.RO) made transactions with shares in major energy companies – Nuclearelectrica (SNN.RO), Romgaz (SNG.RO) and OMV Petrom (SNP.RO) in April-June 2023.