Romania Feed
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ZF English - 18:39 Aug 28, 2023
Moldova Eolian SRL, the project company behind the Ruginoasa wind farm, wholly owned by DTEK Renewables International B.V., has reached a EUR55 million financing agreement for the 60MW project to be built by early next year in Iasi County. -
ZF English - 17:50 Aug 28, 2023
The Korponay family known for having founded and sold pet product company Maravet returns to the forefront of this business with an acquisition. -
ZF English - 11:44 Aug 28, 2023
Romania's Finance Ministry raised RON678 million from banks on Monday (August 28), selling government paper with a nominal value of RON500 million at an annual average yield of 6.76%. -
ZF English - 07:25 Aug 28, 2023
Romanian executives for August-October 2023 period project a moderate activity increase in constructions and retail, in parallel with rising prices in the two fields, while the number of employees in industry, constructions and services will remain relatively stable, in line with a survey by the country’s statistics board INS. -
ZF English - 06:35 Aug 28, 2023
AQUILA Part Prod Com (AQ), market leader in integrated distribution and logistics services in Romania and the Republic of Moldova, ended the first half of 2023 with RON41.8 million net profit, 29% higher than in the year-earlier period. -
ZF English - 06:20 Aug 28, 2023
Digi Communication’s Belgian affiliate companies have acquired roaming services on the Belgian territory based on a 5-year contract signed with Belgian state-owned operator Proximus Plc. -
ZF English - 06:06 Aug 28, 2023
Inform Lykos Romania, the local subsidiary of the Greek digital transformation services provider of the same name, in 2022 posted turnover growth of around 27% last year against 2021, thus going beyond the EUR52 million (RON257.5 million) threshold. -
ZF English - 05:57 Aug 28, 2023
In 2022, a year when beer consumption dwindled, United Romanian Breweries Bereprod, the company producing Tuborg beer brand among others, saw losses grow five times against 2021, to RON48 million, in line with ZF calculations. -
ZF English - 16:57 Aug 25, 2023
Turbomecanica (TBM.RO), a local manufacturer of gas turbine engines and mechanical assemblies for aircraft, posted RON60 million revenue in the first half of 2023 compared with RON57.7 million in the same time in 2022, the company said in a report to the Bucharest Stock Exchange on Friday. -
ZF English - 16:17 Aug 25, 2023
State-run nuclear power producer Nuclearelectrica (SNN.RO) has made a term deposit in amount of RON133 million with Eximbank. The deposit is due on February 26, 2024, and carries an interest rate of 6.6% per annum, the company said in a report to the Bucharest Stock Exchange on Friday. -
ZF English - 16:08 Aug 25, 2023
Danube freight carrier Transport Trade Services (TTS) has concluded two contracts with Liberty Galati for the provision of transport services, the company said in a report to the Bucharest Stock Exchange on Friday. -
ZF English - 14:18 Aug 25, 2023
Optical equipment manufacturer IOR Bucuresti (IOR.RO) ended the first six months of the year with a loss of RON1.96 million, up from the RON470,000 loss in the year-ago period, the company said in its first half financial report. -
ZF English - 13:49 Aug 25, 2023
Seed producer and processor Germina Agribusiness Bucuresti (SEOM.RO) posted RON1.53 million net profit in the first half of 2023, up from only RON29,325 in the first half of 2022. -
ZF English - 12:29 Aug 25, 2023
Electrica, a major player on Romania’s electricity distribution and supply market, in January-June 2023 period reported net profit of RON106 million, a significant improvement against the RON176 million loss registered in the same period of 2022. -
ZF English - 12:18 Aug 25, 2023
Financial analysts part of CFA Romania association estimate the Romanian currency will decline to an average exchange rate of 5.0798 units/euro in the coming 12 months, while the average inflation rate is expected to hit 7.52%. -
ZF English - 09:48 Aug 25, 2023
Real estate investment company Meta Estate Trust (MET.RO) has notified shareholders and capital market that during its meeting of the Board of Directors on August 23, a decision was made to appoint Antoanela Comsa chief investment officer, it said in a report to the Bucharest Stock Exchange on Thursday evening. -
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.