Romania Feed
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ZF English - 06:54 Mar 29, 2021
Dacia could take the step towards assembling hybrid and electric cars in Romania, as all European carmakers have already announced a concrete plan to go electric and discontinue use of conventional engines by 2030. -
ZF English - 06:29 Mar 29, 2021
Daniel Dines, the founder of UiPath, the most valuable tech startup ever established in Romania, still owns 110,653,498 class B shares or a 5% stake of the 2.1 billion shares the software robot developer has issued, ZF has calculated from the company’s filings in view of listing on the New York Stock Exchange. -
ZF English - 17:54 Mar 26, 2021
The funds managed by Globinvest, with total assets of RON220 million, have exceeded the 5% ownership threshold of the share capital of regional investment fund SIF Transilvania (SIF3.RO), reaching 108.1 million voting rights, per a notification published at the Bucharest Stock Exchange. -
ZF English - 17:31 Mar 26, 2021
Life is Hard (LIH.RO), a software solutions provider listed on the Bucharest Stock Exchange, has summoned its shareholders on April 28 to approve the distribution of its 2020 net profit, respectively, the use of the RON1.09 million amount as net profit to distribute, and the remuneration of shareholders with free shares worth RON1 million. -
ZF English - 14:01 Mar 26, 2021
Evergent Investments, formerly known as SIF Moldova, is proposing its shareholders a dividend of RON0.043/share, which ensure a yield of 3% at the closing price of stock market trading session of March 24, and the repurchase of 2% of the share capital. -
ZF English - 12:21 Mar 26, 2021
MAM Bricolaj (MAM.RO), a supplier of materials and furniture accessories, held by the Gavan family, will be opening a new store in capital Bucharest, on March 30, following an investment of EUR1.65 million. -
ZF English - 11:12 Mar 26, 2021
The hotel market in Romania could start recovering in the second half of 2021, supported by a pick-up in international travel, and the 2021 will bring fresh trends in the hospitality area, real estate consultancy company Colliers International said in a report. -
ZF English - 09:53 Mar 26, 2021
Romanian real estate developer Impact Developer & Contractor (IMP.RO) on Friday listed a corporate bond issue totaling EUR6.6 million on the regulated market of the Bucharest Stock Exchange. -
ZF English - 09:40 Mar 26, 2021
Private medical services group MedLife said Friday it was in advanced talks to sign a new syndicated loan of EUR40 million to fund its expansion. -
ZF English - 08:33 Mar 26, 2021
Romania's finance ministry has raised the ceiling on the Medium Term Notes program to EUR46 billion from EUR41 billion to cover the country's financing needs this year. -
ZF English - 07:19 Mar 26, 2021
Romania's seasonally adjusted unemployment rate stood at 5.2% in the fourth quarter of 2020, unchanged compared with the third quarter, data from the country's statistics board showed Friday. -
ZF English - 07:00 Mar 26, 2021
City Insurance remained the leader of the insurance sector at the end of 2020 on a market that reached RON11.5 billion gross written premiums, an increase of 4.6% on 2019, a Financial Supervisory Authority (ASF) report shows. -
ZF English - 07:00 Mar 26, 2021
Bakery company Lidas in Tulcea County (SE Romania) plans to expand production capacity by adding a new bread factory. The total investment stands at EUR46.8 million, EUR23 million of which state aid, publicly available data show. -
ZF English - 07:00 Mar 26, 2021
Romania’s largest cosmetics manufacturer Farmec Cluj should see growth in the summer, says chief executive officer Mircea Turdean. -
ZF English - 16:51 Mar 25, 2021
Banca Transilvania (TLV.RO), Romania’s largest lender in Romania by assets, plans to increase its share capital by RON574 million from the 2020 net profit and thus, to grant one free share for ten shares owned, per calculations by Ziarul Financiar (ZF) based on the summoning note published Thursday by the Bucharest Stock Exchange. -
ZF English - 16:28 Mar 25, 2021
Premier Restaurants, the company operating the McDonald’s franchise in Romania, will be opening a drive-thru restaurant in Zalau (Salaj Cunty), in September 2021, per a press release by Zalau municipality. -
ZF English - 16:16 Mar 25, 2021
SAI Patria Asset Management is going to replace SAI Tradeville Asset Management as a manager of open-end investment fund ETF BET Tradeville. -
ZF English - 15:37 Mar 25, 2021
Romania's finance ministry on Thursday raised 420 million lei (EUR86 million), selling bonds maturing in October 2027 at an average yield of 2.81%, central bank data showed. -
ZF English - 14:28 Mar 25, 2021
Huawei Romania want to employ over 200 people in 2021 for various IT&C positions at its headquarters and services centers in Romania, of whom approximately 20% will be from the new generation of graduates in the field. -
ZF English - 12:38 Mar 25, 2021
Jewelry store chain Teilor has contracted two loans from Raiffeisen Bank, of one of EUR1.6 million for working capital and one of RON5 million for investments.